Politics With Michelle Grattan

With three months before JobSeeker is due to end and calls for billions of dollars in extra spending, there is a growing debate about how Australia’s post-coronavirus economy will actually look. While Scott Morrison has said Australia will need to lift economic growth by “more than one percentage point above trend” through to 2025, a 22-economist panel  hosted by The Conversation forecast a bleaker result. Growth one percentage point above trend would average almost 4% per year. The Conversation’s economic panel forecast an annual growth averaging 2.4% over the next four years, much less than the long-term trend. In this podcast, Michelle Grattan discusses the economic pathway ahead with two economists featured on the panel: Professor of Economics at the UNSW Business School Richard Holden, and Professor of Economics and Public Policy at the Australian National University Warwick McKibbin. McKibbin argues for a major change to the national cabinet. “I think it would be very useful if the leader of the opposit