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Alan Mitchell

How the dream recovery could become a nightmare

If the pandemic resurges, or interest rates rise, Scott Morrison could find out why economists have nagged him to reform the economy.

A dream recovery and a licence to spend in an election year; what more could a prime minister ask for?

And yet even if, on the strength of Treasury’s forecasts and the government’s largesse, voters now hand Scott Morrison a second term, either COVID-19 or the US economy could turn the prize into a poisoned chalice.

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Alan Mitchell writes on economics, policy, and infrastructure. Alan was formerly economics editor of the Financial Review and has also worked for the ABC and The Sydney Morning Herald.

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    Original URL: https://www.afr.com/politics/federal/how-the-dream-recovery-could-become-a-nightmare-20210510-p57ql4