Australia needs an economic reset after covid19 crisis*

by Patrick J. Byrne

As the first responsibility of government is to protect citizens from harm, the Prime Minister’s $130 billion wages package – to help feed families and keep people in their homes and jobs – is an important move in the right direction.

However, the covid19 crisis has highlighted Australia’s vulnerability to fragile global supply chains, after four decades of privatisation and deregulation of trade, finance and industries. These policies have left the country heav…

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