EQ Economics Managing Director Warren Hogan says the Australian economy needs a vital “rethink” as the nation reaches a “historical turning point” in terms of demographics and new technologies. "This government’s not doing the things we need to do as an economy and as a community to embrace the new technology and to drive our economy forward,” Mr Hogan told News24 host Peta Credlin. “There is a need to rethink the way we run this economy. “Beyond all else, the big problem is the size of government is just way too big, and it’s got to start pulling back.”