Ever Bigger Government Is Not The Answer…!

The current economic structure in Australia is failing to deliver better living standards for Australians. Despite the slightly stronger wages growth seen recently, overall productivity continues to languish. So when Prime Minister Anthony Albanese told business people this month he wants the private sector to resume its rightful place as the primary source of growth in the economy, my thought was “words and figures differ”. Here we should note that the recent RBA minutes noted that GDP growth in the March quarter had been a little softer than expected in May because of an unanticipated fall in public demand. By […]