Australian Prime Minister Scott Morrison has rejected the highly interventionist “Build Back Better” policies embraced by fellow developed countries in an election pitch to the business community. The prime minister also called for a reconfiguration of supply chains to “just in case” models while outlining seven critical areas, including semiconductors, needing attention. In a speech to the Australian Financial Review Business Summit, Morrison spruiked the country’s economic performance over the course of COVID-19, outlining key growth indicators which outperformed several other developed nations. “Our economy is now 3.4 percent larger than when the pandemic struck, and around 260,000 more Australians are in work compared with where we were before COVID-19,” he said. The prime minister pointed to Canada’s 0.5 percent employment growth rate and 0.1 percent GDP growth in the December quarter compared to pre-pandemic levels. “Prior to the pandemic, Australia had sustained a world record in, by some accounts, …