An economy is as prosperous as it is free. It is that simple.
The over-regulation and over-taxation of the last few decades ensured the collapse of the Australian economy. That was evident long before the covid lockdowns, which merely hastened the process.
Central bank digital currencies likely will be tried, and will speed the process up even more.
It is just one more nail in the coffin of the economy.
They will keep banging in nails until there are torches and pitchfork armed mobs in the streets.
Own gold to preserve your wealth, small denomination silver to trade for goods and food with a long shelf life.
And stock up on firewood, while fuel for chainsaws is still available.