We need to stop pretending the Australian economy isn't addicted to government support. And if the government is serious about reform, it shouldn't wait until late in the year to release a long-delayed budget.
From iron ore to infrastructure, is there real reason to be concerned about state dependency on Chinese business?
Put together in haste for a catastrophe that didn't quite eventuate, the overestimated JobKeeper program can now be adjusted to boost the recovery.
The JobKeeper program was a good-ish response under the circumstances. But that doesn't mean it was perfect, or that trying to make it better would be an admission of failure.
The Reserve Bank has signalled that consumer and business confidence will be a key uncertainty in the recovery -- but Treasury thinks we have the capacity for more fiscal stimulus if needed.
The COVID-19 recession will end one day, but its impact on Australian retail (and the entire economy) may last forever.
For years, class action litigators have done what regulatory bodies like ASIC can't: get major businesses to play fair.
There'll be some extra value for the government's JobKeeper money when it's included in GDP — but JobSeeker payments will be left out.
Australia has been relatively successful in the fight against COVID-19. What comes next is the fight for the narrative.