“Animal Spirits” will be unleashed, ScoMo proclaims, in a dreary rehash of clichés, Monday . The PM copies The Donald, conflating Keynes’ phrase with consumer confidence and laissez-faire economics. Why? “Animal spirits” will roar like a lion when we release the cage of “regulatory and bureaucratic barriers to businesses.” But why so late?
The Coalition has had six years to deregulate. Yet it still can provide no detail. Nor point to any record of success. Perhaps it’s just too modest. In the news currently is Private Security Company, Paladin, awarded $423 million to garrison Manus, without having to worry about an open tender. Or there’s the $444 million quietly slipped to the Great Barrier Reef Foundation a mob of Liberal mates headed up by a former CBA chairman, Dr John M Schubert.
Then there’s Fossil-fuel Energy minister, Angus Taylor, who’s held talks with federal environment officials over an issue at the centre of an illegal land-clearing action brought by the same department against a company part-owned by him and his brother, reports Guardian Australia. We should cheer the healthy disregard for regulation and the way the government appears to back the Taylor family in its alleged quest to bend the rules to help the Taylors to a better life.