Recessionberg federation reform plan collapses in 24 hours

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And why wouldn’t it? It was never more than a PR stunt, via The Australian:

Federation reform could be the secret to improving productivity in Australia and avoiding blurred responsibility in fields such as health, the treasurer, Josh Frydenberg, has suggested.

In a speech to be delivered at the University of Adelaide on Thursday, Frydenberg reveals that state and territory treasurers have agreed to draw up potential productivity enhancing reforms in policy areas including transport, health, skills and environmental regulation.

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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.