UNSW Economics Professor Gigi Foster says she does not see an “endgame” with the Albanese Labor government’s ‘Future Made in Australia’ plan.
“I do reckon it has been done before but not in this sort of situation,” she told Sky News host Caroline Di Russo.
“Where a government shows a particular industrial policy and invests heavily in different industries in order to bring the society up to an internationally competitive standard and then gets out of the way and lets the market take over.
“I have not seen that as a trajectory that the government is planning on this ‘Made in Australia’ package.
“If I really wanted to believe the government that this is a positive industrial policy to invest in Australia’s future in a way that will get us to the frontier internationally, of say solar and wind production and batteries, then I would see an endgame, and that I don’t see.”
Economics professor does not see an ‘endgame’ with the ‘Made in Australia’ plan
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