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Former treasurer says economic reform in Australia will take 'financial crisis'

Former treasurer Joe Hockey says meaningful fiscal reform is not possible in Australia as it often conflicts with voters' economic self-interest. He says it will take a "crisis" for governments to enact significant budget repair.

Former treasurer says economic reform in Australia will take 'financial crisis'

We haven't written up this one. ABC News AU has the full story — the link below goes straight to it.

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