Some sense at last but only one policy can save the Do-nothing Government

Through a combination of good fortune and panic a more sensible Do-nothing Malcolm government is emerging. That does not make it sensible on any objective measure but less stupid is a start.

The Government has been behind the curve on every major issue since the election:

on housing affordability it has been getting a caning as it jumps from one public thought balloon to the next;
on the energy crisis it did nothing then blamed renewables;
on gay marriage and social policy it has been mired in a largely irrelevant and symbolic debate about 18c while the public taps its foot waiting;
on the Budget and reform agenda the cupboard has been bare with blocked savings measures and a brain fart corporate tax cut.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.