Australian Economics

during a conversation a friend asked me "well what should government do?" and I wrote the following.

I've numbered items to help comment. There are items that work together so consider the whole too.

Financial

1. Regulate buy-now pay-later finance providers

2. Increase tax rates at higher income levels

3. Require banks to provide loans for cars at a rate pegged to RBA cash interest rate

Regulation 4. Don't allow industries to self regulate but force them to develop their compliance infrastructure to government spec or lose government licenses, contracts 5. Launch government insurance for doctors

Government and Business 6. Streamline law 7. Increase nurse and teacher pay and trainee subsidy and explore how these can be used as economic levers 8. Remove barriers where possible for tourism

Labour