It laughs at Treasurer Josh Frydenberg’s claim in the April budget – and Scott Morrison’s claim in the election campaign – to have returned the economy to “strong growth”, which will roll on for a decade without missing a beat.
Why is the immediate outlook for the economy so weak and uncertain? Not primarily because of any great threat from abroad – though a flare-up in Donald Trump’s trade war with China could certainly make things worse – but primarily because of one big and well-known problem inside our economy: five years of weak growth in wages.
More Australians have died at the hands of police, lawfully or unlawfully, in 10 years, than from terrorist attacks in Australia in the past 20 years.
From an “often ruthless” Honduran oligarch to a pair of Indian billionaires who ran a company accused of falsifying drug data.