Feb 21, 2025 – 12.02pm
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Politicians obsessed over two economic events this week: the first interest rate cut in more than four years and a $2.4 billion taxpayer bailout for the beleaguered Whyalla steelworks in South Australia.
The political urgency is yet another proof point of the short-term thinking that is pervading modern politics and the willful ignorance of what really matters for the long-term living standards of 26 million Australians and future generations.
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