Will Canberra’s historic spending blowout lead to an inflation surge, prompting higher interest rates? Where are the pro-growth reforms, which seek to create the circumstances for long-term prosperity? Where are the productivity enhancing policies that would create permanent incentives to work and invest?
Since the May 2021 federal budget, the Centre for Independent Studies has lamented that the Coalition government of Prime Minister Scott Morrison has embraced the political left’s economic credentials as interventionists and big spenders.
Federal Treasurer Josh Frydenberg responds to the CIS critique in this 30-minute zoom discussion hosted by CIS executive director, Tom Switzer.