Added to that, Environment Minister Tanya Plibersek is revamping the Environmental Protection and Biodiversity Conservation Act to be more aggressive and restrictive, which means fewer opportunities and longer timelines.
And a flight from merit is neutering the skills our students need to create the innovations that have kept Australia ahead in capital-intensive industries like mining.
It should be a warning to everyone that the vast surpluses from mining cannot be taken for granted, and that these should be banked rather than spent, or worse, pledged as collateral for sovereign debt to be spent particularly on goodies for voters.
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We live in perilous times, but we will survive as long as we thrive economically. This is hard to do when the bulk of our politicians and voters seem to think that the Golden Goose will live forever.
Wise husbanders realise the goose needs to not only be nurtured, but bred.
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