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The AFR View

The AFR View

Australia must be vigilant about stirring up populism

The difficult governing challenge of cutting the size of government is made harder politically when people can legitimately point to public sector elites receiving outsized remuneration despite under-achieving on the job.

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The restoration of Notre Dame Cathedral, one of the glories of France, is a momentous event for the world. The elaborate reopening ceremony on Saturday also captured the global political zeitgeist when lame-duck French President Emmanuel Macron invited resurgent US President-elect Donald Trump to attend.

When elected to the Elysee Palace in 2017, Macron was a disruptor of the established order amid the collapsed support for the traditional left and right parties. But the ambitious agenda of his centrist upstart Renaissance Party to reform France’s bloated state entitlements and highly regimented economy has now led to the fall of Macron’s handpicked government, which lost a vote of no confidence in the National Assembly on Thursday last week.

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The Australian Financial Review’s succinct take on the principles at stake in major domestic and global stories – and what policy makers should do about them.

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