Opinion

Australia is beset by economic complacency

By Adam Triggs
Updated July 1 2021 - 3:00pm, first published January 4 2021 - 6:25pm
The time for reform is now - the economy will not just correct itself. Picture: Shutterstock

The first rule of competitive racing is simple: don't celebrate too quickly. YouTube is littered with awkward footage of runners, cyclists and skiers slowing down and throwing up their hands victoriously, only to be overtaken moments before the finishing line. Policymakers celebrating Australia's better-than-expected economic figures are making the same mistake.

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