Opinion by Paul Williams
Premium Content A quiet revolution is unfolding in Australia s economy, but few are aware of it. On May 11, Treasurer Josh Frydenberg will rewrite many of the economic orthodoxies the Coalition and Labor have championed for almost four decades. Before the economic reforms of Labor s Bob Hawke and Paul Keating, 1970s Australia - like much of the Western world - battled high unemployment and inflation with higher taxes and big spending. But next Tuesday, after nearly 40 years of that mantra, the idea that small government alone can fix economic problems will be sorely tested. In next week s Federal Budget, Frydenberg (if not quite performing a 180-degree turn) will at least point us toward a Keynesian world for the first time since Kevin Rudd s global financial crisis response - itself a temporary aberration rather than a new way.
Friday, 23 April 2021, 10:56 am
MELBOURNE, AUSTRALIA - Greenpeace Australia Pacific
spokesperson Nelli Stevenson said:
“Once again the
Federal Coalition Government has made a mockery of Australia
on the world stage when it comes to climate change. While
other major economies around the world are dramatically
ramping up their ambitions, Australia is lagging
behind.
“Rather than keeping up with the pace of
global climate ambition, the Federal Coalition Government is
instead forcing more polluting fossil fuels like gas into
Australia’s energy mix, and pouring good money after bad
on fantasy technologies like carbon capture and
storage
“Scott Morrison and his government’s
Press Release – Greenpeace Australia Pacific
Once again the Federal Coalition Government has made a mockery of Australia on the world stage when it comes to climate change. While other major economies around the world are dramatically ramping up their ambitions, Australia is lagging behind.
MELBOURNE, AUSTRALIA – Greenpeace Australia Pacific spokesperson Nelli Stevenson said:
“Once again the Federal Coalition Government has made a mockery of Australia on the world stage when it comes to climate change. While other major economies around the world are dramatically ramping up their ambitions, Australia is lagging behind.
“Rather than keeping up with the pace of global climate ambition, the Federal Coalition Government is instead forcing more polluting fossil fuels like gas into Australia’s energy mix, and pouring good money after bad on fantasy technologies like carbon capture and storage