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Nyunggai Warren Mundine

Only capital can create Australian jobs, let it get to work

Post-virus Australia is about to learn what Indigenous communities already know: welfare does not beat a sustainable job.

At the beginning of the COVID-19 pandemic, many governments were cautious about taking drastic action. I don’t blame them. For one, several previous warnings of catastrophic pandemics and mass fatalities didn’t eventuate. Another reason is that democratic governments should be instinctively reluctant to take away people’s freedoms. But the main reason was because banning human contact – be it travel or office work or gyms or restaurants - means banning economic activity. With terrible consequences.

Capital creates jobs for Indigenous people, not well-meaning governments. Glenn Campbell

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Nyunggai Warren Mundine AO is Executive Chairman at Nyungga Black Group Pty Ltd and a former advisor to four prime ministers. He is also a former national president of the Australian Labor Party and a former candidate for the Liberal Party.

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    Original URL: https://www.afr.com/policy/economy/only-capital-can-create-australian-jobs-let-it-get-to-work-20200608-p550fv