Political and business leaders are touting the next 12 months as a
make-or-break year for the country’s reform agenda - and Australia’s
economy.
A number of big changes will be proposed and debated. These include tax reform, a major shake-up of federal-state relations and workplace relations change.
The stakes are high. With global growth faltering and concerns about our own economic performance rising, our leaders are urging the public to support the changes.
The alternative is that Australia risks returning to the dark days of 1970s stagnation. Yet these ambitious reforms have little chance of becoming reality. The likelihood is the electorate will reject each in turn – or at least force them to be significantly watered down.
Why will this happen? It won’t be for the reasons likely to be advanced by our political and corporate elites in 12 months time.
It won’t be because the public is too “immature” to accept the tough reform medicine required to underwrite future prosperity. And it won’t be because the Senate’s minor or micro-parties will have put their own political interests ahead of the national interest by blocking reform.
This news story is reprinted from theconversation.com
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A number of big changes will be proposed and debated. These include tax reform, a major shake-up of federal-state relations and workplace relations change.
The stakes are high. With global growth faltering and concerns about our own economic performance rising, our leaders are urging the public to support the changes.
The alternative is that Australia risks returning to the dark days of 1970s stagnation. Yet these ambitious reforms have little chance of becoming reality. The likelihood is the electorate will reject each in turn – or at least force them to be significantly watered down.
Why will this happen? It won’t be for the reasons likely to be advanced by our political and corporate elites in 12 months time.
It won’t be because the public is too “immature” to accept the tough reform medicine required to underwrite future prosperity. And it won’t be because the Senate’s minor or micro-parties will have put their own political interests ahead of the national interest by blocking reform.
This news story is reprinted from theconversation.com
Read more details on outsourced bookkeeping services
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