Australian policy reform ‘gridlocked’ by soft corruption

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The Grattan Institute has released a new report entitled “Gridlock: Removing barriers to policy reform”, which argues that Australia’s prosperity is at risk from a decade-plus of decay across our political institutions.

Below is the Overview, combined with some key graphics:

Australia’s governance has deteriorated over recent decades. The formal institutions and the informal norms of behaviour are weaker. Others have written about how this soft corrosion can easily bloom into hard corruption. This report shows how weaker governance also means that governments are adopting less policy reform – changes to policy that would improve the lives of Australians.

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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.