Australia’s economic recovery hinges on the private sector, as government support wanes and consumers continue to feel the pinch from rising costs and subdued spending. In his article, Josh Faulks outlines how, despite Australia not being in a technical recession, seven consecutive quarters of negative GDP per person underscore the ongoing struggles for many households. With modest, patchy growth predicted for 2025 and the likelihood of future rate cuts, both government and opposition agree that business must drive sustainable recovery. Faulks calls for less regulatory intervention and more strategic investment in marketing and innovation, positioning the private sector as the engine for job creation, increased productivity, and long-term economic resilience.
Why business is going to be the driving force behind Australia’s economic recovery
