Business
Australia has not had a gas-led recovery – not in jobs, not in tax receipts | Greg Jericho – The Guardian
Despite government money and hype about the power of gas to fire up the economy, the only thing that’s on the rise is exports
For all the good news about the recovery from the nadir of last year, as a new report makes clear, despite the big talk from the Morrison government, it was not a gas-led recovery.
The Australia Institutes Too Little Too Late report looks at evidence of a gas led-recovery and concluded that the gas industry effectively made no contribution to the economic recovery, so far.
Even worse, it notes that if the rest of the Australian economy had performed as poorly as the gas sector, the recovery would…
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