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Jennifer Hewett

Morrison forced to fight the last war on climate change

Rebel Nationals are complicating Scott Morrison’s ability to sell a climate change policy that will keep the lights on, costs down and jobs and investment up just in time for Glasgow.

Jennifer HewettColumnist

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The financial world clearly doesn’t operate on Canberra’s timetable. Guy Debelle, deputy governor of the Reserve Bank, is just the latest expert warning global investors are rapidly and dramatically adjusting their portfolios in response to climate risk.

The Morrison government, minus some Queensland Nationals, accepts the danger this poses to Australian businesses – particularly in a heavily resources-based economy.

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