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The Times

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how Labor should manage the economy

  • Written by: Saul Eslake, Vice-Chancellor’s Fellow, University of Tasmania
how Labor should manage the economyShutterstock

Labor has inherited an economy with a pretty full “head of steam”.

Domestic demand is growing strongly, fuelled by

  • households flush with cash (and enriched by big increases in property prices)

  • full pipelines of housing construction and government-funded infrastructure

  • businesses apparently keener to invest than for more than...

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