Another Billion Dollar Failure
If history is any guide, the latest government-subsidised 'made in Australia' scheme will enrich a relative few and cost the rest of us plenty.
I need help to think of a single political announcement or policy that has achieved its stated aims.
When you add the additional criteria of being within budget, I think it's an impossible search.
(Please enlighten me in the comments if you know of one).
The reason for my search through the mental archives was the Government's announcement of a multi-billion dollar 'made in Australia' scheme.
It kicks off with a billion bucks for solar panels made in Australia.
All that means is the poor taxpayer will be helping to pay for others to put solar panels on.
When I had a family home with exorbitant electricity bills, I installed solar panels. It cost a lot, principally because I chose a 'made in Australia' system.
It was a good product, but I sense it was assembled in Australia from domestic and imported components.
I mention that to nail my patriotic colours to the mast. Of course I want to see things made here, and I want us to be as self-sufficient as possible.
But the problem with our manufacturing capacity isn't a lack of investment.
The problem is the government; every government, going back decades.
All of them have contributed to Australia's structural decline.