When last month’s economic reform roundtable was announced, there was both hope and cynicism about the potential for progressing policy reforms in Australia that have been long understood to be necessary – tax reform being a leading example – but have languished in the “too hard” basket across both Coalition and Labor governments.
The roundtable, broadly considered a success, is now over, leaving the government with a list of tasks. Some of these can be done immediately, while other, more ambitious ideas will take longer to see through.
But while there’s no shortage of ideas, Australia’s recent track record on implementing large-scale policy reform has been patchy.