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Australia's new leader must battle lost decade risks

The Lucky Country's economy is in dire need of a reboot

| Australia
Anthony Albanese, pictured in Sydney on May 21, should not expect a political honeymoon.   © Reuters

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

As new Australian Prime Minister Anthony Albanese charts a course toward the next decade, he should first heed the lessons of the lost one that just ended.

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