Why Australia’s luck is running out

Australia has always been known as the “lucky country”. But now, that luck seems to be running out.

For decades we’ve been propped up by our resources – but when that demand starts to slow down, Australia is in trouble.

Australia ranks 105th in the world for economic complexity, with experts saying we have maybe 15 years until our lucky runway ends.

So what would that mean for Australia, and how can we prevent it?

As part of our Back Australia series, here’s an explainer on why backing local businesses matters.