'In an essay now just over twenty years old, Peter Pierce laments what he calls the 'dichotomising habit' of Australian literary historians. Pierce testily suggests that '[t]he literary histories of Australia that invent different issues of debate, that abandon residual insecurities concerning the value of local materials remain to be written' - a challenge since energetically met by a number of histories and companions that seem to me at least to be neither melodramatic nor dichotomous, and that bring academic discussions surrounding the national literature more or less fully up to date. However, Pierce's observation still arguably holds for public discussions, many of them involving academics, and in which the present and future of Australian literature are confidently presented from a series of often directly opposing points of view. One view, the industry equivalent to the 'gloom thesis', proposes that Australian literature is dying, and cites evidence in dwindling recruitment and enrolment numbers at Australian universities, and in the depressing number of Australian literary classics that are currently out of print. The other view, equally forthright, is that Australian literature is booming, not least because of structural changes brought about to the publishing industry by globalisation, and as evidenced in the flourishing of Australian literature in international markets, in the expansion of writers' prizes and festivals, and in the active contribution of Australian writers, both 'high-art' and popular, to ongoing discussions of Australian national culture in an increasingly mediatised public sphere.'