If there’s one policy that’s kept the wolf from the door for millions of Australians, it’s the JobKeeper payment.
While imperfect, it was timely and worked because it was a relatively direct payment to those in need.
One of the federal government’s first responses to the pandemic in March was a tax deduction for spending on plant and equipment up to $150,000 to stop the economy collapsing. Who was going to borrow to install plant with unemployment set to soar and demand about to fall off a cliff?
Ruth Forrest MLC and Lawyer Greg Barnes discuss border restrictions, the winding back of govenment support and the likelihood of a post-Covid baby boom or divorce boom with Leon Compton on ABC Mornings Friday Forum
The task ahead, the economic "fight of our lives", requires understanding of current challenges before designing a recovery plan for the post pandemic world.
All states will be facing similar problems. New ways of thinking and responding are necessary. The need for change has to be understood, as do the challenges. Hopefully our new pragmatic Premier will continue as to put his cards on the table for all to see.