The Malcolm Turnbull Coalition government's economic spin is that they are managing a “transition” from “strong resource investment-led growth to broader-based drivers of economic activity”. This, it claims in the 2016 budget papers, is a transition to more “labour-intensive sectors, such as services”. Hence the Coalition's mantra: “Growth and jobs”. Sounds nice, but what does this mean for the different classes in Australia?
The casual observer might easily conclude that there are just two clear sides in the parliamentary debate over the Labor/Greens carbon price deal. But there is a lot more to the debate than this. Clearly the Greens are in favour, and appear to have won over PM Julia Gillard’s government to an interim carbon tax. On the other hand, opposition leader Tony Abbott has promised a Tea Party-style uprising against it. Abbott will push to rouse a fascistic “people’s” movement to try to bury the deal.