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Economically, Australia has been lucky – what matters now is what we do next

  • Written by Jenny Gordon, Honorary Professor, Centre for Social Research and Methods, Australian National University
Economically, Australia has been lucky – what matters now is what we do nextShutterstock

Australia has long thought of itself as the lucky country.

Whenever its economy has started to falter, a commodity boom has usually come along to restore prosperity… until in the 1980s, when the rest of the world failed to rescue us, and we embarked on a decade of reform.

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