Despite a population of 20 million and over, australia still
remains resilient despite global economic shocks in 2008/09.
Singapore despite having higher GDP Growth than Australia, is in
the doldrums now in terms of true national progression..
A truly national taxation system which trickles down to the
mases
Central banking powers – vested first with the Commonwealth Bank,
then the Reserve Bank.
The development of social welfare and health systems.
Minimum Wages
The cultivation of morality and compassion based attitudes
The expansion of higher Knowledge based education and the
development of world class research institutions and business
enterprises
Australia excelled in what singapore didnt, despite having
similar socio economic conditions
Indeed, much can be said of the nation that maximise
strength by affording fellow Australians
fairness.
Strength comes by giving every Australian a fair opportunity to
work and live
Strength comes by giving a great education to every child,
including those whose family and personal circumstances mean they
need that great education the most.
Again Singapore failed to achieve the above due to its farce
meritocratic policies which sidelines the weak and economically
underprivileged
Indeed Australian policy makers have not abandon the aspirations
and the life-chances of hundreds of thousands of Australians to the
short term vagaries of the labour market unlike Singapore's.This
done by carefully calibrating immigration into Australia
If we as a nation adopt Australia's the values of courage,
flexibility resilience and compassion, I am confident that we can
emerge from crisis stronger, fairer and more optimistic than
ever.