IAREM 2022: Switzerland tops economic rankings, Australia out of top 20

Contrast this with what Morrison and Frydenberg were telling us, and reality bites the lies told. Now Peter Dutton is here to tell us what good managers they were.

The Independent Australia ranking on economic management (IAREM) for 2022 reveals Switzerland now leads the world and Australia remains outside the top 20, reports Alan Austin.

Australia’s dismal 22nd ranking – behind Portugal, Malaysia, Guatemala and Ecuador – is the nation’s fourth year outside the world’s top 20. This contrasts with being in the top spot under Labor in 2009 and from 2011 to 2013. This decline reflects the long-term effects of hundreds of billions lost offshore in company taxes not collected and billions more lost to corruption and gross mismanagement under the Coalition.

Variables which have deteriorated most severely over recent years in Australia are inflation, economic growth, the tax burden and federal government debt.

Source: IAREM 2022: Switzerland tops economic rankings, Australia out of top 20

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