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Under Albanese, Labor has become an effective proponent of neoliberalism.

Under Albanese, Labor has become an effective proponent of neoliberalism.

ImpactDigger by ImpactDigger
January 16, 2023
in Carbon market
Reading Time: 1 min read
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When Prime Minister Anthony Albanese claimed victory on election night in 2022, he spoke of making Australia a “common ground where together we can plant our dreams”. This sentiment suggested that the government would do whatever possible to restore commonality and common purpose in a nation that had become fractured and directionless after a decade of right-wing misrule. However, two months after the election, Environment Minister Tanya Plibersek announced that the new government would be continuing and extending existing carbon credits and offsets schemes, turning Australia into a “green Wall Street”. This announcement indicated that the government was embracing a neoliberal agenda, and was a major disappointment to the party’s core supporters. This decision, combined with the retention of the stage three tax cuts and the refusal to raise the basic benefits rate, suggested that the Labor government was delivering more of the same. The government’s decision to pursue a neoliberal agenda has left the nation divided, with many feeling betrayed by the lack of change promised by the Prime Minister.

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