by Alan Thornhill
Julia Gillard says Australians can’t rely on luck to build the nation’s economy.
The Prime Minister was addressing business leaders at a dinner in Brisbane, opening her two day Economic Forum.
“If we ever were just a lucky country, we’re certainly not now,” Ms Gillard said.
“It’s not luck that makes this a top-ten country on low trade barriers, openness to international ideas, sophisticated and independent economic institutions, a list that goes on.
“Luck didn’t give us the three triple-A ratings which only seven other economies can claim – which no previous Australian government can claim either.
“Luck didn’t make us a top-two country on the measures that are most important to us: political stability, social mobility, ease of starting a business.
Luck didn’t keep us out of the worst global recession in eighty years.
“And luck won’t build us a new economy for the future.
“We have to make it,” the Prime Minister said.
Addressing a key issue on the Forum’s agenda, Ms Gillard said: “We’re doing structural adjustment at a time of employment growth.
“And that’s a good thing.
“But it doesn’t make the fact of a business closing its doors any easier on the day it happens.”
Ms Gillard also had some sharp remarks, for three Liberal State premiers, who refused her invitation to attend the Forum.
“ …Anyone here who was a bit reluctant to leave home and get up to Brisbane for this night will have a bit of insight into why working families need some convincing that their next job is on the other side of the country, “ she said.
“But we’ve got to crack this nut and it’s one of those issues which genuinely demands a range of measures because it reflects a range of factors.,” Ms Gillard added.
Alan Thornhill is a parliamentary press gallery journalist.
Private Briefing is updated daily with Australian personal finance news, analysis, and commentary.
Saturday December 7
Nelson Mandela dies
Australia’s first same sex marriages have taken place in Canberra, the first just after midnight
ACCC puts a cap on the fuel shopper dockets offered by Coles and Woolworths.
Qantas shares placed in trading halt
|Aud To Usd||0.9097||N/A||N/A|
|Bhp Blt Fpo||36.750||-0.030||-0.08%|
|Anz Bank Fpo||30.990||-0.200||-0.64%|
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