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Flat White

The next phase of Chalmers’ ‘better capitalism’ is scary

25 May 2023

4:00 AM

25 May 2023

4:00 AM

In January 2023, Treasurer Jim Chalmers released a major policy ‘think piece’ where he detailed his and (presumably Labor’s) vision for a new capitalism in Australia. Described as a Plan for a Rebirth of Australian Capitalism, Chalmers talked in general terms of the ‘…beginnings of a new economic model…’ a ‘…values-based capitalism…’ where ‘…2023 will be the year we build a better capitalism…’

Chalmers’ ‘think piece’ laid out principles without specifics.

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