Scott Morrison economy speech liberal party
(Image: AAP/Darren England)

With a tanking economy, the central bank demanding both fiscal stimulus and structural reform, the nation's premier economic policy outfit warning of a productivity and innovation crisis and having spent the election campaign mugging for the cameras and tearing at Labor's long and self-destructive reform proposals, Scott Morrison has a major problem.

How does he respond to calls for economic reform when he has no agenda and no mandate for doing anything?

His solution: go through the garbage bin of neoliberal reforms and pull a couple out -- and then tell business to make the case for actually doing them, hopefully sidestepping the small problem that the government has no electoral authority for change. Package them into a speech dropped -- in the time-honoured fashion -- to Nine and News Corp to ensure some positive coverage, and there you go.