Young Aussies bear brunt of public service cuts

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History never repeats but it sure does rhyme.

Upon being elected in March 1996, the Howard Government commenced a program of cutting spending and jobs across public sector agencies, only to then hire an army of consultants and contractors.

The grand irony from the Howard Government experience was that many of the contractors were the same former public servants that had received generous redundancy payouts and then were paid much more to do effectively the same job.

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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.