Chris Richardson

I've called it prosperity.

You don't get growth in living standards without growth in the economy, but growth in prosperity, it's essentially all the same.

And there are some things, right, you know, there'll be all sorts of changes around artificial intelligence and the like, and that chopping and changing in the economy will create some...

problems on the way through, but it will also give us a more prosperous economy.

We will get greater prosperity out of those technology changes and the like.

What worries me is that we are not getting enough of a push from our political classes and haven't done for decades around the everything else of prosperity.

There are all sorts of things we do in the federal budget

and outside the federal budget that are astoundingly stupid and that hold us back on the prosperity front.

I am a sad, sad human being, Mark.

I love tax, right?

And I think we can and we should do better in tax.

But you look at some of the biggest tax reforms we can make in Australia.

And then you look at, well, you know, what's the economic models that people like me and others run?

You know, what's the boost to prosperity we get out of something?

You may be surprised to hear that the, you know, tax, I love it to death.

We can and we should do it better, but it's not make or break around prosperity.

There is a little-known push by the federal government to change non-compete clauses.

You get a new job, you sign the bit of paper that says, as and when you leave that job, you can't do this, you can't do that.

And here in Australia, about one in every four workers signs those.

And they're way too restrictive.