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Successful reform: past lessons, future challenges

Chairman's speech

Gary Banks gave a keynote address to the Annual Forecasting Conference of the Australian Business Economists in Sydney on 8 December 2010.

Earlier versions of the paper were presented at the Economic Society's 'Emerging Economists' seminar series in Sydney in August, the Department of Transport and Infrastructure's Seminar Series, in Canberra in October, and the WA 'Quarterly Forum' and Australasian Treasury Officers' Conference, in Perth in November.



The productivity imperative

What is a 'successful reform'?

Why is it so hard?

Achievements of the 'Reform Era'

What were the success factors?

The challenges ahead