Opinion
Catch the energy superpower tide to defeat recovery headwinds
Committing to stronger action on the climate is an opportunity for Australia to put the years of stagnation behind it, and move into a new era of rising real incomes.
Ross GarnautContributorThe pandemic recession has prompted rethinking of the fiscal, monetary and immigration policies that contributed to stagnation of labour incomes, persistent unemployment and rising underemployment in the half-dozen years before the pandemic.
If the rethinking leads to sustained policy change, Australia may return to full employment for the first time in nearly half a century. That would be of historic importance for the welfare of most Australians and the health of our polity.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Energy & climate
Fetching latest articles