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economically, Australia is at risk of becoming Germany, and not in a good way

  • Written by Richard Holden, Professor of Economics, UNSW
imageOnce, emulating Germany would be something to be proud of. Not at the moment.Shutterstock

It’s four years since then Prime Minister Tony Abbott warned Australia had been heading to “a Greek-style economic future”.

He was referring to what he said had been happening under the previous Labor government.

When Labor left office in 2013...

Read more: economically, Australia is at risk of becoming Germany, and not in a good way