It’s become a truism of Australian politics that important economic reform peaked in the 1980s and 1990s.
Sometimes the early years of the Howard government in the late 1990s are given credit as well.
This Grattan Institute map of important reforms illustrates the story.
Important economic policy reforms in AustraliaAccess Economics (2019); The Economist (2011); Grattan analysis
Indeed, it looks like Australian governments have merely ‘improved’ at unwinding the reforms of their predecessors, and the reforms they propose for themselves.
It might also be that today there are fewer policy reforms worth doing – perhaps most of the big ones have already been done.
- ^ Access Economics (2019); The Economist (2011); Grattan analysis (blog.grattan.edu.au)
- ^ politicians (www.ceda.com.au)
- ^ public servants (treasury.gov.au)
- ^ journalists (www.afr.com)
- ^ Economic Surveys of Australia (www.oecd.org)
- ^ analysis of the full series (blog.grattan.edu.au)
- ^ OECD, Grattan analysis. (blog.grattan.edu.au)
- ^ Grattan Orange Book. What the election should be about: priorities for the next government (theconversation.com)
- ^ One year on from the carbon price experiment, the rebound in emissions is clear (theconversation.com)
- ^ also advocated (grattan.edu.au)
- ^ Grattan Institute (grattan.edu.au)
- ^ Alphabeta (www.afr.com)
- ^ Grattan Institute Orange Book 2018. State governments matter, vote wisely (theconversation.com)
Authors: John Daley, Senior Fellow, Grattan Institute