Labor is seeking to nobble the PC by making it acknowledge its trade coverage and hold the federal government extra within the loop about its actions.
Treasurer Jim Chalmers has issued the primary assertion of expectations to the unbiased Productiveness Fee, explicitly asking it to “take account” of the federal government’s objective to be “a renewable vitality superpower” — a transparent contradiction of the PC’s conventional function of sceptically scrutinising authorities intervention within the economic system.
The assertion — a device designed to direct unbiased companies about how they need to pursue their legislated capabilities — is the primary time a authorities has sought to push the PC to again a particular trade coverage agenda. It raises the very actual chance that the PC will be unable to undertake its function of calling out applications as inefficient or economically counterproductive whether it is launched as a part of the “renewable vitality superpower” agenda.
“The federal government expects the PC to take account of the federal government’s productiveness agenda,” the assertion says, figuring out a extra dynamic, aggressive and resilient economic system, a talented and adaptable workforce, harnessing information and digital applied sciences, delivering high quality care extra effectively and “attending to internet zero and turning into a renewable vitality superpower” as its agenda.
Learn extra about Jim Chalmers’ new ”expectations” for the Productiveness Fee.
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