THE DISTILLERY: Economics face-off

Jotters scrutinise various political approaches to Australia's economic challenges, with one warning that subsidisation is not a sure path to prosperity.

Kevin Rudd has changed the tone of the political discussion. But will he change the substance? The worry for some commentators is this will do nothing but hinder the push for further economic reforms and instead be a trigger for a new populism phase – this means protectionism.

Also in this morning’s edition of The Distillery the country’s embattled coal industry, so important to the government’s bottom line, gets a close look at.

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