By avoiding means testing, the government is giving handouts to the rich
- Written by Robert Breunig, Professor of Economics and Director, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University
Australia is a global success story. The structural reforms in the 1980s and ‘90s of liberalising trade, floating the dollar and reducing government involvement in the economy ignited an unprecedented period of growth. What followed was almost 30 years of uninterrupted economic growth and a substantial increase in living standards.
Crucially,...
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