Nothing, nowhere ever at all: Why timing is so important when it comes to economic reforms

Adam Triggs
May 19 2022 - 5:00am
The enormous government spending and tax cuts during COVID-19 were a missed opportunity to undertake serious reform. Picture: Getty Images
The enormous government spending and tax cuts during COVID-19 were a missed opportunity to undertake serious reform. Picture: Getty Images

Australia's desperate need for supply-side reforms - the reforms that make it easier for businesses to supply goods and services - cannot be overstated. Want to ease inflationary pressures? Try supply-side reforms. Want to boost wages? Try supply-side reforms. Want to boost productivity, lift investment, increase innovation, improve social services, address climate change and inequality? Supply-side reforms are the answer.

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Adam Triggs

Adam Triggs

Columnist

Adam Triggs is a partner at the economics advisory firm, Mandala, a visiting fellow at the ANU Crawford School and a non-resident fellow at the Brookings Institution.