‘Not addressing the real issue’ – The problem with government bail outs
Michael McLaren has been left questioning how long it’s going to take Australia to realise that the fundamentals of the economy are an issue, as the government is set to bail out another company.
He points out that the business in question, SunRice has blamed water policy and the “Restoring Our Rivers Act” for skewing the cost of water.
“So, in typical Australian fashion, instead of changing the Murray-Darling Water Plan, we go and bail out a business that’s struggling to stay alive because of the Plan,” he said.
What Australia needs is a government that commits to methodically erasing the ‘uns’ from our economy so that business is given the best possible chance to compete and fight for market share,” he added.
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