Original article by Jacob Greber
The Australian Financial Review – Page: 1 & 4 : 19-Dec-16

Business leader Tony Shepherd says "serious reform" is necessary to reduce Australia’s national debt, warning that it will be hard to achieve any progress until Australians fully appreciate the extent of the problem. Shepherd, who says the nation is in danger of becoming a banana republic, is heading a seven-person expert panel which plans to release a series of discussion papers on key issues, as well as recommendations for further action. Shepherd chaired the Federal Government’s National Commission of Audit in 2014.

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