Dr Jim's magic pudding. Big government is big money, there is no counter argument to that fact. Government is now over 28% of GDP and growing, the highest ever outside of wartime and crisis. The OECD has been telling Australia to raise consumption tax and lower corporate/ income tax for 20 years now. With record tax receipts over the past couple of years the problem exists on the expenditure side not the revenue side. However, change in how tax is raised is long overdue. Just like a household budget, spend more than you earn and the day of reckoning will come! Inviting unions to a productivity forum is a bit like the Dracula- blood bank story. mate.
