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August 27, 2025, 05:52:24 pm

Author Topic: Recent microeconomic reforms  (Read 1834 times)  Share 

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a14l17

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Recent microeconomic reforms
« on: July 08, 2017, 01:43:53 am »
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Hello!
(this my first post so I'm sorry if there are any mistakes)
So I have upcoming trials (yikes!) and when I was spamming past papers, I noticed that in a lot of the suggested answers that they provided that microeconomic reforms were quite some time ago i.e. Fair Work Australia (labour market reforms) which was introduced in 2009. So I was wondering whether that would still be considered as recent because when I tried to google for some more recent (2015-17?) I couldn't find anything :(  So my question is:
1. Are microeconomic policies introduced in like 1999-early 2000s still considered as recent?
2. What newer policies have been implemented since then (alternatively places I can go find these policies bc my homeboy google really not pulling through for me and like all the newsites have paywall/quota of articles)
Thanks!

GabeB

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Re: Recent microeconomic reforms
« Reply #1 on: July 10, 2017, 02:07:10 pm »
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To answer the first question, I think recent reforms would usually have to be within the last 5 (maybe 10) years. It is okay to use older reforms if the question doesn't specify recent reform as micro-reform has long term impacts, therefore things such as the introduction of super and reduction of protectionist policy in the 90s still are impacting on the economy.

In terms of recent reforms, there have been reforms such as the NDIS, recent free trade agreements, Youth Jobs PaTH program, infrastructure building. Just look at discretionary change in the budget. There are many others, but one issue with the economy is that our most significant reforms occurred in the 90s and there hasn't been many significant changes since (which may be something you want to mention).

Hope that helps a bit.