NSW treasurer urges states to do ‘heavy lifting’ on reform

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New South Wales Treasurer Dominic Perrottet says it is time for the states to do the ‘heavy lifting’ on economic reform, after having let successive federal governments do it over several decades.

Perrottet notes that many of the areas that the Productivity Commission has stated are in need of most reform are the sole or joint responsibility of state governments, including healthcare, early childhood education, and property stamp duty.

However, he has also called on the federal government to assist the reform process by paying the states incentive payments.

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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.
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