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Flat White

Cut red tape, green tape and taxes – as only the private sector can get us out of recession

4 June 2020

4:33 PM

4 June 2020

4:33 PM

All eyes were on the headline economic growth figure in the national accounts released on Wednesday, which shows the first quarter of negative growth since 2011. Despite the government claiming that the economy was in good health before COVID-19 arrived in Australia, upsetting 29 years of continuous economic growth, the truth is that the economy has been in the doldrums for quite some time.  

Long before the lockdown measures to prevent the spread of COVID-19 were introduced, private sector wages were stagnant, job creation was at a crawl and there were fewer businesses per capita compared with a decade ago.

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