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As the economy slows and productivity flatlines, is Australia having another banana republic moment?

Summary by The Guardian
In 1986 Paul Keating warned the nation was headed towards economic disaster without reform. Now, Jim Chalmers faces a similar dilemmaGet our breaking news email, free app or daily news podcastWhen Paul Keating stepped into a noisy kitchen in a Melbourne function centre for an interview with John Laws, he didn’t mince his words.It was 14 May 1986 when the then Labor treasurer told Laws that without some serious changes, a collapse in export price…

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the Guardian broke the news in on Saturday, August 16, 2025.
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