Just like the ASX, Chalmers’ pitch is mired in Australian mediocrity
The economic malaise weighing on the ASX is also evident in the ‘lay-buy’ budget. But solutions require the sort of courage and long-term thinking lacking in business and politics.
American exceptionalism may be fraying at the edges, but Australian mediocrity is not going away any time soon.
Just look at Treasurer Jim Chalmers’ lay-by budget.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
