All past productivity commission heads have echoed Danielle Wood’s concerns that the government’s proposed Future Made in Australia Act risks entrenching subsidy-dependent businesses.
that the government’s proposed Future Made in Australia Act risks entrenching subsidy-dependent industries and would come at a cost to the economy.
Former Productivity Commission chairman Michael Brennan said Ms Wood’s comments were “a really important intervention on the policy issue itself, and also a big positive statement about her independence and that of the institution. ”It’s hardly any more than common sense to say ‘work out your limits, stick to them, tie your obligations explicitly to your public interest objective and be very clear about those with people who are going to be spending someone else’s money’.who led the PC’s predecessor agency the Industry Commission from 1992 to 1998, said Ms Wood’s comments were “clearly appropriate”. He warned the act would lead to lower productivity and living standards.
Dr Scales agreed that “if we hadn’t abolished the carbon price a decade ago, we’d be a lot further down the road and producing much more cheaper, renewable energy from the abundant supply of solar and wind in our country”.Former chairman Gary Banks said late on Friday he agreed with the thrust of Ms Wood’s comments and would have more to say soon.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Anthony Albanese is banking on his future being made in AustraliaLabor wants to promote a future made in Australia. He knows it will have political appeal. What about the economics?
Read more »
Anthony Albanese praises courage of Princess of Wales as Australia sends ‘support and strength’Prime minister says thoughts of Australians are with Catherine, who is receiving treatment for cancer
Read more »
Cost of living Australia: Inflation still a budget concern: Anthony AlbaneseThe prime minister has further dampened the hopes of those looking for welfare increases and other budget handouts.
Read more »
Reality Star Anthony Carroll Says Australia Has a Winter ProblemReality star and famous lifesaver Anthony 'Harries' Carroll believes that Australia has a problem with embracing winter, after experiencing New Zealand's winter firsthand.
Read more »
Anthony Albanese announces Samantha Mostyn as Australia's next governor-generalSamantha Mostyn AO will replace current Governor-General David Hurley.
Read more »
If your Future is Made in Australia you’ve got Buckley’sA retired self-styled tech guru and sustainability entrepreneur has patented a number of products he is keen to pitch to the Albanese government to be proudly subsidised and manufactured in Australia.
Read more »