The Importance of Restructuring the Economy

When Paul said in that first press conference that this is a recession, Australia had had to have. Of course, he was pilloried for it. But I would argue that one should look deeper into what lies behind those comments and the years following. The economic restructuring that had achieved in the absence of A truly deep recession as ugly as it was. At that time we would not have achieved such a rapid restructuring of the economy.