There's no better place to be during economic turbulence than Australia. Brilliant in a bust, we've learnt to use our brains in a boom. Although the Great Recession continues to rumble around the globe, we successfully negotiated the Asian financial crisis, the dotcom tech wreck and the GFC. Despite a lingering inability to acknowledge our achievements at home, the rest of the world now asks: How did we get it right?
This is the page-turning story of our nation's remarkable transformation since the '70s. One of our most respected journalists, George Megalogenis, traces the key economic reforms and brilliant moments of collective instinct that opened our society to the immigration of capital, ideas and people to just the right degree. He pinpoints the events that shaped our good fortune and national character, and corrects our selective memory where history has been misunderstood or misdirected by self-interested political leadership.
No one writing today is better at reading the numbers and telling the story around them than Megalogenis, and no one else has been able to coax our former prime ministers to candidly re-assess each other's contribution to the Australian Moment. Fraser, Hawke, Keating, Howard and Rudd, as well as Whitlam's confidant Graham Freudenberg, go on record for the first time about many aspects of the internal politicking, decision-making and bids for the legacy of our astonishing period of significant reform.
The Australian Moment demands we reconsider what we have achieved and our place in the global economy, and how we might purposefully approach the future. A groundbreaking work in the tradition of The Lucky Country and The End of Certainty.
'Megalogenis is Australia's best explainer – a historical bowerbird who has woven a sparkling narrative answering the big contemporary questions of how the hell we got here, and how we go about not buggering it up. A brilliant read.'
About the Author
George Megalogenis is a senior journalist and political commentator with The Australian newspaper, to which he also contributes the much-respected blog Meganomics, and is a regular guest on ABC TV's The Insiders. He spent over a decade in the Canberra press gallery, and is the author of Faultlines, The Longest Decade and Quarterly Essay 40: Trivial Pursuit – Leadership and the End of the Reform Era.