Articles on Economic reform

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With Tony Abbott’s political capital at a new low, he’s shifting the focus from big reforms to small wins. David Crosling/AAP

‘Big’ no longer beautiful for Australia’s reform agenda

As the haze lifts (in the short term at least) on Canberra’s leadership ructions, we can see the extent of the car wreck that is Australia’s economic reform agenda. “Political uncertainty hits business…
Reforming prime ministers don’t always have the luxury of choice. Julian Smith/AAP

Whitlam made the case for reform: an enduring economic legacy

“Men make history,” Karl Marx wrote in 1859 in his Critique of Political Economy, “but not always in circumstances of their own choosing”. Whitlam himself would have chosen a different year to be his time…
Treasurer Joe Hockey plans to reignite the economic reform debate early next year, but will he tackle the bigger-picture changes many economists have called for? AAP Image/Lukas Coch

The economic crisis a complacent Australia has to have

In November 1990, then treasurer Paul Keating announced that Australia was in recession – and that it was “the recession we had to have”. Today, there are growing calls for serious, structural economic…

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