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The head of the Prime Minister’s Economic Advisory Council, Maurice Newman, has delivered yet another one-eyed assessment of the economy and Budget, blaming “the left” and Labor for Australia’s current predicament. From The Australian:
The reason Australia is in its current predicament is precisely because, over decades, the centre-right has too easily yielded to the language of the Left in handicapping the productive activities the free-enterprise system unleashes.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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