In his otherwise unimpressive response to the review of competition policy by Ian Harper's panel, Scott Morrison gave some hope on Tuesday that the government could yet be genuinely interested in pursuing the kind of economic reform that -- unlike tax reform -- will yield genuinely significant efficiency gains across the economy.

The Treasurer made a point of noting that the health and social services sector now employed 13% of Australians and was growing twice as fast as the rest of the economy, providing a particular contrast with traditional big employers like manufacturing. This was a "transformation taking place in our economy", Morrison said.