You can't fix the economy if you can't see it: how the ABS b

You can't fix the economy if you can't see it: how the ABS became our secret weapon


If we survive this economic crisis (and it is looking increasingly like we will, although the end of JobKeeper at the end of the month will be a setback) it will in large measure be because this time we’ve had a real-time picture on what’s been going on.
Last time, we were flying blind.
In what must have been one of the worst-timed decisions of an incoming government ever, in 2008 the newly-installed Rudd government slashed the budget of the Australian Bureau of Statistics ahead of the global financial crisis.
In its first budget it hacked A$28 million off ABS budget, and told it to work out what to cut.

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