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Tim Soutphommasane

Is Australia’s economic luck about to run out?

Australia’s residents are fond of referring to the place as ‘the lucky country’ but most are blissfully unaware of the phrase’s origins. ‘Lucky’ was never meant as a compliment. When the late Donald Horne, a giant of Australian intellectual life, conjured the tag in the 1960s he intended it as a putdown: ‘Australia is a