Part 8/9:
Data reveals that a significant portion of new jobs—around 80% over recent months—have been in the public sector or funded by government initiatives. This shift signals a concerning decline in private sector employment, which historically has been the engine of economic growth.
Expert commentary emphasizes the necessity of revitalizing fundamental economic settings—tax policy, deregulation, energy costs, planning approvals, and skills training—to stimulate private investment. The goal is to transition Australia towards a more productive, outward-looking, and confident economy that can sustainably support higher living standards and increased investment.