Recession: With recovery comes hidden risk

AUSTRALIA IS entering treacherous waters. After more than a quarter-century of economic growth, the country has now gone into recession. And not just any recession — the deepest downturn since the Great Depression of the 1930s. The recession brings many self-evident problems, from high rates of unemployment to widespread business failures. But there is a less obvious danger that we overlook at our peril — the role of vested interests in the economic recovery.

Recession: With recovery comes hidden risk

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.