Australiaâs lure will last only as long as its reform
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Australiaâs economic outperformance and successful pandemic management has set the country up as a magnet for global talent and investment, but risks remain that this headstart in 2021 could be lost without a stronger reform agenda.
Josh Frydenberg says skills reform is high on the list of priorities.Â
Alex Ellinghausen
Consumers are out shopping, business is investing again for the first time in years, confidence is back at record highs and more than 90 per cent of the 1.3 million Australians who either lost their jobs or saw their working hours reduced to zero at the start of the pandemic have returned to work.
âNow is the momentâ: Business Summit energised by change
The Australian Financial Review Business Summit captured a corporate sector energised by the nationâs success in dealing with the pandemic and determined to use it as a burning platform for change.Â
A big crowd greets Prime Minister Scott Morrison at the Financial Review Business Summit. Â
Louie Douvis
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The buzz was unmistakable.
You could sense it in the registration line and the coffee queue. You could feel it in the enthusiastic greetings and broad smiles. You could see it in the 300 eager faces packed into the ballroom of Sydneyâs Hilton Hotel, waiting for Prime Minister Scott Morrison to kick off The Australian Financial Review Business Summit.