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The Parrhesian

Reforms rather than rate rises

Supply side deregulation to drive productivity is the other half of the policy armoury that should be deployed to help curb inflation and keep employment full.

If there has ever been a time when deregulation and sustainable policies to encourage innovation and greater efficiency were needed, it’s now.

Australians are feeling the pinch of rising costs of living. It’s not just the big stuff like housing affordability, expensive airfares and education costs. And it’s not just the daily stuff like rising electricity bills and petrol prices. It’s the stuff we take for granted that really hurts.

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Parrhesia is the ancient Greek obligation of speaking truth for the common good. The Parrhesian is a senior Australian business leader.

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    Original URL: https://www.afr.com/policy/economy/reforms-rather-than-rate-rises-20240506-p5fp4m