Liberalizing the Australian economy

E729701

"Liberalizing the Australian economy" refers to the series of market-oriented reforms and deregulation policies associated with John Howard’s leadership that aimed to increase economic efficiency, competition, and growth in Australia.

All labels observed (2)

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Statements (48)

Predicate Object
instanceOf economic reform program
public policy agenda
hasCountry Australia
hasCriticism increased income inequality
reduced job security for some workers
weakening of trade union power
hasGoal increase competition
increase economic efficiency
promote economic growth
hasHistoricalContext post-1980s global economic liberalization trend
hasIdeology economic liberalism
neoliberalism
hasIntendedEffect enhance international competitiveness
expand private sector role
increase productivity
reduce government intervention in the economy
hasKeyFigure John Howard
Peter Costello
hasPolicyType deregulation
financial sector liberalization
labor market reform
market-oriented reform
privatization
tax reform
hasPoliticalPartySupport Liberal Party of Australia
National Party of Australia
hasPrimaryLeader John Howard
hasSectorFocus financial markets
labor market
public enterprises
tax system
trade
hasSupportArgument greater economic flexibility
higher long-run growth potential
more efficient allocation of resources
implementedDuring Howard Government
linked to: Howard government
implementedStartYear 1996
includesMeasure broadening of the tax base
deregulation of product markets
encouragement of foreign investment
introduction of the Goods and Services Tax
labor market deregulation
privatization of government-owned enterprises
reduction of tariffs
reduction of trade barriers
reform of workplace relations law
tax cuts
isPartOf Australian economic reform era

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

John Howard notableWork Liberalizing the Australian economy
Liberalizing the Australian economy isPartOf Australian economic reform era
linked to: Liberalizing the Australian economy