More Articles by Author "Stephen Anthony"
The challenge for the Treasurer in 2018 and beyond is to generate an upward spiral of non mining and new dwelling investment to help reverse the low productivity and falling competitiveness of the post GFC period. This vicious cycle has in part been a toxic byproduct of the stifling pettiness and fractious division that has characterised Australian politics and policy-making since mid-2010.
Read more about "A Policy Reset for Jobs and Growth"...
With the Government’s 2017-18 Mid-year Economic and Fiscal Outlook (MYEFO) due Monday, a review into the likely national bottom-line is timely. Certainly the domestic economy is likely to achieve respectable growth in 2018 and it appears that non-mining business investment is recovering nicely. All this is good news. Surely the Treasurer can finally back in a return to surplus in 2020-21?
No so fast.
Read more about "Time for Christmas Budget Cheer"...
Australia’s banks are certainly failing to meet their obligations as custodians of the public good to drive growth and to raise community welfare. This is a long term problem. Public confidence in Australia’s banks has been steadily eroding since financial deregulation in 1983 and now the brand of the Big 4 banks, especially CommBank, is at its nadir.
What has gone wrong?
Read more about "Better Banks Drive Productivity & Living Standards"...
There is an old German proverb which says “Den Bock zum Gärtner machen” – don’t let a billy goat loose in the vegetable garden. The 2017-18 Budget - wringing with lost opportunity and weighed down by political opportunism – reminded me of this.
Read more about "High road of reform jettisoned in Budget "...