Category: Federal Government Policy

Too many aspects of economic policy, unfortunately, are heading in the wrong direction. The government should look at foundations set in the Hawke-Keating and Howard years and attend to basics, optimising conditions to encourage private sector investment, profit, employment, productivity gains and growth. Policies that limit the footprint of government by reducing regulation, holding down company tax and payroll tax at state levels, and giving employers and workers greater autonomy to negotiate work practices, pay and benefits to suit their industries would be a basis for reviving growth.