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DE
Reform route flagged as best road to economic recovery
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Michael West
Green shoots in Australia’s economy could wither without further reform, claims a report urging the government to turn its recent economic roundtable into an annual fixture.
Uncertainty over global tariffs could derail Australia’s journey towards better economic growth.
While falling interest rates continued to fuel economic growth in the short-term, underlying productivity challenges and weak business investment meant the positive momentum was likely to be short-lived, Ms Lee said.
Treasurer Jim Chalmers is being urged to make economic reform summits an annual event.
“In that context, a regularly-convened roundtable which hashes out policy concerns, reform options and the best response to Australia’s economic and social issues would be valuable,” Mr Smith said.