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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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The issue is Public Sector wage growth at 8% V Private Sector wage growth 4%.

No doubt, this largely reflects the strength of the Public Sector Unions ability to negotiate higher wages and better conditions than the stretched Private Sector, an area where unions are seen in a negative light.

Australian PS employment covering all Governments State, Local and Federal, inclusive of NGO’s directly engaged with Governments, is 30% total of Au workforce.

In Russia for example, that figure is 67%.

What sort of a problem is it currently, in reality?
Posted by diver dan, Friday, 14 November 2025 3:52:17 PM
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A future cost saving measure would be the amalgamation of the States.
For example, an amalgamation of Victoria, NSW and Queensland into one large Eastern State would seem to indicate, judging on savings made from Local Government amalgamations in the past, a large saving in Government expenditure, from much less duplication in services.

Is there a precedent for this anywhere in modern times.
With the advent of AI, maybe it’s time now, to make a precedent happen.
Posted by diver dan, Friday, 14 November 2025 4:03:33 PM
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diver dan,
Cost saving can be achieved by bettering the mentality of people. A National Service would be the correct way of going about it. Better mentality, better thinkers & less stupidity.
Better all round.
Posted by Indyvidual, Saturday, 15 November 2025 4:20:54 PM
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