Of all Australia’s climate policies, the Renewable Energy Target has been the most effective. Why have Australian governments moved away from it, and how can they revive it?
The latest budget shows we’re starting to cement the view that an adequate development budget is non-negotiable if Australia wants to have influence in the region.
It’s said the best predictor of future behaviour is past behaviour. Let’s hope that’s not the case with Mathias Cormann’s climate stance when he joins the OECD.
Joe Hockey’s first budget was a declaration of ideological belief. The second is about political survival and depends on breathing life back into the economy – the ideological urgency can wait.