NSW launches economic blueprint to nowhere

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You’ve got to love the powers that be. Their arrgoant disregard for standards of living, for the wishes of the people, for simple economic sense, via Domain:

A new blueprint for the NSW economy predicts the state’s annual output will hit $1 trillion by the end of next decade and reach $2 trillion by around 2040 as consumer demand from Asia’s fast-growing middle-classes boosts exports.

Treasurer Dominic Perrottet will on Wednesday launch the NSW 2040 Economic Blueprint, which identifies seven key policy “levers” that can be used to enhance economic performance.

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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.