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My apologies, I obviously misunderstood your post.Which part of my post was rewriting history?
One of the major changes that helped, during the Howard years, was the introduction of GST which removed several levels of tax duplication and complication.
Hawke and Keating did rationalise a lot of the economy, by removing tariffs which led to the closing down of local manufacturing and led to cheaper imported goods offsetting the reduction in real wages by the floating of the dollar and the wages accord.
Also the offshoring of manufacturing led to the resources boom, as the first world manufacturing had to be replaced by new manufacturing facilities and equipment being made in the third world countries. That led to the increase in their affluence, which in turn started the building and infrastructure booms in China etc.
Whether the changes of the 1980's and 90's, that led to globalisation, have proven a bonus for the western countries, or a millstone around its neck is open to conjecture.
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