How to save Australia

Advertisement

At least in part, even the idiots at Crikey have worked it out:

At the moment, the government has its fingers in its ears and is yelling “budget surplus budget surplus”. But what about the opposition, now that Anthony Albanese has begun discussing Labor’s policy path to the next election?

Albanese’s first major economic speech yesterday, full of bromides about Labor being a pro-growth party (as opposed, presumably, to being anti-growth), had a couple of interesting ideas..But Albanese never really explained how the future under Labor would be different from the stagnant present. Indeed, while acknowledging job insecurity was on the rise, he wants to find ways to facilitate the gig economy through the industrial relations system (like portable entitlements), as long as “people… elect to take on this form of work because it benefits them, not have it imposed on them”.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.