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The Weekend Neos Kosmos : 14 March 2015
DIGITAL.NEOSKOSMOS.COM THE WEEKEND NEOS KOSMOS | SATURDAY 14 MARCH 2015 17 ation standing struggle to sound genuine. The final episode looks at the Global Financial Crisis and is one of the first times we see former treasurer Wayne Swan and former prime ministers Kevin Rudd and Julia Gillard together to collectively give their version of events. All reveal just how close we got to falling into a deep recession in 2008 and give their two cents on whether the stimulus policy was successful in the scheme of things. Unexpected insights above and beyond the political A-list came from the Australian Reserve Bank governor from 1996 to 2006, Ian Macfarlane, and secretary of the Department of the Treasury, Ken Henry. "They were jargon free,” Megalogenis admits. While the show delves into the peaks and troughs of the economic landscape from the 1970s till now, interestingly, Megalogenis also looks at what the country can expect in the future, and how it can keep the boom going. Sadly, he expects small pain for bigger gain. "We're going to have a recession sooner rather than later," he admits. "Right now, Australia does feel like it's at a dangerous point in development. It feels like we're trying to talk ourselves out of our opportunity. "I feel like the country's been feeling anxious for a while, people haven't been satisfied with the politics for a number of years and there's a sense that our luck is going to run out." It's a tough pill to swallow but one based in fact. Australia hasn't had much luck avoiding a recession past a 30-year period. But it isn't all doom and gloom. Looking even further into the future, Megalogenis is an optimist. "In the next 20 or 30 years, if we can control for things you really can't predict, essentially war, famine or some big environmental shock, we will end up being the world's model Eurasian nation," he says. He points to an open society, one that makes sensible but necessary reforms, and one that opens itself up to diversity. Migrants are key in promoting that open market he says. With their connection to the motherland, it increases trade relations. Their children become highly educated and entrepreneurial assets to the country, and with an eye on global matters, promote a stronger, more aware community. While the series still hasn't aired, Megalogenis is already finalising his next project. He's working on a prequel to the book that inspired the series, The Australian Moment, which will be launched in July. Making Australia Great: Inside our Longest Boom will premiere next week on ABC 1 on March 17 at 8.30 pm. The series will continue at the same time on March 24 and March 31. Australia does feel like it’s at a dangerous point in development. The country’s been feeling anxious for a while, people haven’t been satisfied with the politics for a number of years and there’s a sense that our luck is going to run out.” FEATURE Six former politicians and a number of political and economic insiders give a view of Australia over 40 years. This is George Megalogenis’ first venture into documentary filmmaking.
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