Australia’s growth in output and real income per person since 2013 has been close to the bottom of the developed democracies. This follows more than two decades near the top.
My new book, Let’s Tax Carbon: and Other Ideas for a Better Australia, discusses the causes and suggests a path to better outcomes. Mistakes in monetary policy are prominent.
Source: https://www.afr.com/policy/economy/there-s-a-compelling-case-for-rba-reducing-interest-rates-on-tuesday-20241209-p5kwte