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40 years on, does Australia need another Prices and Incomes Accord?

  • Written by Tim Harcourt, Industry Professor and Chief Economist, University of Technology Sydney
40 years on, does Australia need another Prices and Incomes Accord?Andrew Chapman/National Library of Australia

The election of the Hawke Labor government on March 5 1983 began an era of once-in-a-century economic reforms that opened the Australian economy to world. It floated the dollar, eliminated controls on international capital flows, and dismantled the high tariffs that protected local manufacturers from...

Read more: 40 years on, does Australia need another Prices and Incomes Accord?

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