What economists think we need and what regular people will put up with is rarely the same thing.
While neoliberals are celebrating 20 years of the GST, there's no evidence it delivered the kind of benefits promised at the time. And, as always, it reflects the power of vested interests.
Implementation of a big business reform agenda after the crisis would lead to lower growth, more wage stagnation and more anger at business as it inflicts costs on the community.
If progressives really want to see meaningful change in the wake of the coronavirus crisis, they need to recognise the powerful forces that will resist it.
The parlous state of economic debate in Australia is demonstrated by the lack of interest, or informed analysis, of the Prime Minister's major speech on economic reform.
Crikey readers discuss the government's economic non-platform, the threat of mining to Queensland and Australia's privacy laws.
Good morning, early birds. Bill Shorten will today pitch Labor's plan for economic reform to voters, and leaked reports reveal that "manning issues" mean Border Force is missing sea patrol targets by as much as 20%. It's the news you need to know, with Chris Woods.
The longer the right believes neoliberalism can be restored if only the Liberals can sell it better, the happier Labor will be.
The Productivity Commission's latest report, designed to provide new impetus to economic reform, instead shows there's really not a lot to be done without political will.