The Productivity Commission will look at ways to create a “circular economy”, including cutting waste going to landfill, encouraging more efficient use of raw materials and improving labelling to push consumers towards better quality and longer-lasting products.
The new inquiry, to be announced by Minister for the Environment and Water Tanya Plibersek and Treasurer Jim Chalmers on Friday, was suggested by the government’s Circular Economy Ministerial Advisory Group.
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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au