Back to business
Anthony Albanese is signalling a shift away from government-led growth and calling on business to take the lead, as debate over tax and economic reform heats up.
After spending an election campaign framing government as both a social safety net and an engine of economic growth, Anthony Albanese has suddenly shifted gears.
In his speech on Friday afternoon to the Economic Outlook event in Sydney, hosted by News Corp’s The Australian and Sky News, the prime minister declared it was time for employers to resume their role as the primary drivers of the economy, with the government “doing less”.
He acknowledged concerns about the growth of the National Disability Insurance Scheme, conceding that 11% of six-year-olds and 15% of six-year-old boys being on the program was excessive.
This marks a notable departure from the rhetoric of Labor’s election campaign, which leaned heavily on the role of government as a central force in the economy and society, and the threat Peter Dutton posed to that.
