The most important big picture issue of this budget is not the “middle- class welfare” nor the deficit or surplus. It’s the rise of China and India, write Ben Eltham. This transformation goes beyond the urbanisation and industrialisation of these two nations. The critical issue is the fact that this will bring billions of people out of poverty and into the global capitalised world.
Read Ben Eltham’s article, published at ABC’s The Drum, here.