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Australia could kickstart another Roaring Twenties if it gets this budget right, a think tank argues

Australia could set itself up for a boom or bust. (George Rinhart, Corbis via Getty Images)
Australia could break away from a decade of stagnation if it focuses on genuine reform, according to think tank The Blueprint Institute.
Despite having a number of former Liberal MPs on its ‘strategic council’, the Institute advises the Morrison government to forget immediate budget repair, and instead prioritise economic growth.
Among its proposals are universal childcare, a green energy transition, tax reform, and a big investment in the arts and innovation sectors.
The Morrison government could set up Australia for a decade-long boom if it can see past the short-term constraints of politics. Miss the opportunity, though, and the country could suffer another lost decade.

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