Reprising Kevin Rudd’s Monthly essay 14 years earlier, at the beginning of 2023, Treasurer Jim Chalmers outlined a new economic template that breaks away from the fusty models of the past. He talked of a ‘wasted decade’ of poor performance under Coalition rule, which he would turn around by replacing ‘neoliberalism’ with, ‘reimagining and redesigning markets – seeking value and impact, strengthening safeguards and guardrails in areas of unchecked risk’.