The Australian economy has changed dramatically since 2000 – the way we work now is radically different
- Written by John Quiggin, Professor, School of Economics, The University of Queensland
The most striking feature of the Australian economy in the 21st century has been the exceptionally long period of fairly steady, though not rapid, economic growth.
The deep recession of 1989–91, and the painfully slow recovery that followed, led most observers to assume another recession was inevitable sooner or later.
And nearly everywhere...