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Where did all the money go?

Policy Online carries a link (3.5.17) to an audio podcast from the University of Melbourne’s ‘Policy Shop’, featuring Glyn Davis in discussion with leading economists Judith Sloan and TJ Ryan Foundation Board member, John Quiggin. The discussion questions why – with a federal budget due on May 9th – this wealthy nation finds it so hard to balance the books, and asks what economic policies should Australia consider?

‘For over a quarter of a century Australia has escaped recession. It is a remarkable achievement, close to a global record. Yet despite continuous growth, Australia scrambles to make ends meet. This is the eighth year of a national budget deficit.

‘… Australian Laureate Fellow in Economics at the University of Queensland, Professor John Quiggin and Honorary Professorial Fellow at the Melbourne Institute of Applied Economic and Social Research at the University of Melbourne, Professor Judith Sloan join the host, Professor Glyn Davis, Vice-Chancellor of the University of Melbourne.’

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