40 years on, does Australia need another Prices and Incomes Accord?
- Written by Tim Harcourt, Industry Professor and Chief Economist, University of Technology Sydney
Andrew Chapman/National Library of AustraliaThe election of the Hawke Labor government on March 5 1983 began an era of once-in-a-century economic reforms that opened the Australian economy to world. It floated the dollar, eliminated controls on international capital flows, and dismantled the high tariffs that protected local manufacturers from...
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