Politicians are the problem behind the cost-of-living squeeze
Weak business investment and real wage growth is a design feature of the Albanese Labor’s care economy model that the Dutton Coalition is failing to challenge.
Even a global sharemarket market rout triggered by Donald Trump’s trade war can’t inject needed home truths into an election campaign run by a political class that is failing to deal with Australia’s bracing new realities.
Weak productivity and real wage growth is a design feature of the Albanese Labor’s care economy model that the Dutton Coalition is failing to challenge.
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Michael Stutchbury is editor-at-large. He is in his fourth decade of writing for and editing national newspapers. After nearly six years as editor of The Australian, he returned to the Financial Review as editor-in-chief (2011-2024). Email Michael at mstutchbury@afr.com
