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The Forum > Article Comments > What economy is RBA Deputy Governor Andrew Hauser talking about? > Comments

What economy is RBA Deputy Governor Andrew Hauser talking about? : Comments

By Graham Young, published 14/11/2025

Deputy governor Andrew Hauser likened Australia’s economy to a racehorse ready to sprint — but beneath the rhetoric lies stagnating productivity, rising business closures, and jockeys that keeps flogging the same tired mount.

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If Australia's economy is a horse, it should be sent to the knacker's yard.
Posted by ttbn, Friday, 14 November 2025 8:33:28 AM
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I really wish someone could explain why a Flat tax is not introduced. Would it not be the level palling field we all ask for ?
I can only see benefits for the Nation's economy by going FT. Yes, the manipulators & negative gearing & other write-off types will need to hone their merit but it'd be a thing for all.
After all, how much profit is enough profit when it only profits a few ?
Posted by Indyvidual, Friday, 14 November 2025 10:28:45 AM
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Graham I think this is an example of having 50 cents each way.

Or maybe you have backed a long shot with a "saver" on the favourite.

On one hand you say: "Growth has come mainly from the public sector, which is crowding out the private sector".

Yet the ABS latest quarterly report release states that:

Private demand led the contributions to growth through household consumption, while private investment grew softly, having no impact on GDP growth. Public demand had no impact on growth as the rise in government expenditure was offset by a fall in public investment.

Economic growth appears to be plodding on a wet track but if you think your horse is boxed in by the public sector then you may miss both the rails run and the saloon passage.
Posted by WTF? - Not Again, Friday, 14 November 2025 11:00:21 AM
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