Australian politics, society & culture

CIRCUIT BREAKER?

Friday, 8 June 2012 - 1:00am
PoliticOZ position: 
Editor's Note

This week's economic figures - growth, employment, household consumption, productivity and inflation - were unequivocally good. According to Wayne Swan, they should be a circuit-breaker in the national discussion.

And today a Grattan Institute report on economic reform landed - an opportunity to consider 'some actual data and stop banging the same old drums', as Laura Tingle puts it. The report suggests that instead of the usual suspects - IR reform, infrastructure - we should be increasing the participation of women and older people in the workforce and looking at a change in the tax mix.

Tony Abbott immediately rejected two of the central proposals and, in other news, the Australian head of Glencore (a multinational and commodities trader) likened the investment risk of doing business in Australia to the Congo, Colombia and Kazakhstan.  

PoliticOZ editor: 
Nick Feik