Green economy still the way forward
December 23rd, 2008The ACT Greens response to today’s mid year budget review is to look to the long term and make sure that any restructuring helps position the ACT economy for the future.
“We recognise that the global economic crisis and its impacts across Australia has put the ACT in a challenging situation, where some years of deficit are inevitable” Mr Rattenbury said today.
“Like other economies, the ACT will need to make some adjustments. And that’s when the timing of initiatives in the Greens-ALP Agreement, and the way we handle priorities, become the issue.”
“Some of the best minor capital works we can get started on, in the February stimulus package, are green projects that quickly create green jobs and industry. Retrofitting energy inefficient homes is one clear example of the right kind of project.”
“We shouldn’t forget how this financial crisis came about: a focus on short-term profit by the richest parts of the global community. Everyone now recognises that it is time for new thinking.
“That’s why the Greens-ALP Agreement is a commitment to building a green economy for the future and to strengthening the community sector.”
“We support taking a calm and sensible approach to the challenge of the next few budgets, but the direction we need to move in is still clear.”
“Finally, we are pleased to see that this new minority government is consulting the ACT community on the 2009/10 budget. The Greens urge people to get involved in that process. And, given the ACT Government’s shrinking income, to think about revenue as well as expenditure” Mr Rattenbury said.