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This could be the biggest local energy shake-up since the late ’70s

This could be the biggest local energy shake-up since the late ’70s

The budget leg-up for the ‘Future Made in Australia’ through green metals is ultimately about shoring up Labor’s electoral base.

Successful politicians tell stories that attract voters. Examples include Robert Menzies’ 50s story about middle-class Australian families prospering, and Bob Hawke’s 80s story about “bringing Australians together”.

Prime Minister Anthony Albanese and Treasurer Jim Chalmers have their Future Made in Australia story, which was amplified in Tuesday’s federal budget. The problem is that it’s not so much a story made to fit into a slogan, but several – at times conflicting – yarns.

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Andrew Clark
Andrew ClarkSenior writerAndrew Clark was a senior writer at The Australian Financial Review.

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Original URL: https://www.afr.com/policy/energy-and-climate/this-could-be-the-biggest-local-energy-shake-up-since-the-late-70s-20240515-p5jdvg