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AAP
AAP
Politics
Dominic Giannini

DARK SECRETS: Policy shock to set up prosperity garnaut | Rare Historical Photos

Ross Garnaut says Australians must stop kidding themselves about how well the economy is performing. (Lukas Coch/AAP PHOTOS) (AAP)

The government needs to move on large-scale economic reform in order to set Australia up for prosperity in the decades to come, renowned economist Ross Garnaut says.

Mr Garnaut, who acted as former prime minister Bob Hawke's economic advisor, says lasting economic prosperity in Australia's past has stemmed from major reform instead of a series of incremental amendments.

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