In the years since the Global Financial Crisis, the Australian economy has become ever more reliant on government for positive outcomes.
Much of the revenue required to underpin this ongoing intervention has been derived from the explosive rise in resource exports, which rose by well over 200% at their peak in 2023 compared with their pre-GFC era inflation-adjusted highs.
The first pillar of government support for the economy was the rise of the so-called non-market job.
Advertisement
