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A new era of reform is needed

Stephen Walters, NSW Chief Economist, gave an excellent presentation at EY for the Sydney Financial Forum about the Australian economy and its prospects. Due to strong headwinds affecting energy prices, as well as inflation related to events in the Ukraine and China, he stressed the need for reform to improve productivity. Areas he considered need major reforms are:

Tax incentives

Early learning

Employment of Women

International migration

Vocational education

Energy - in ST ensure available supply meets demand. LT make transition to net zero

Make it easier for people to enter the housing market

Connect universities with ideas to possibilities for commercialisation

Bring more retired people back into the workforce

What do you think?

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