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We can build a more inclusive government and economy out of the pandemic — this blueprint shows us how – The Conversation AU

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4 years ago

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When the COVID-19 pandemic transformed our lives earlier this year, our political leaders joined hands and said we were all in this together — and for a while we saw glimpses of a different kind of politics.

But as things got tougher, the cohesive National Cabinet became more fractious. The blame game and “politics-as-usual” took over and distracted from finding new solutions to tough problems.

With the country facing an uncertain economic future, the University of Sydney’s Policy Lab has brought together community and climate groups, unions and business groups to identify strategies for creating a different way of making policy and building a new economy coming out of the crisis.

The product is our “Real Deal” report released this week.

The Real Deal isn’t a typical policy document that outlines a magic bullet to the problems the pandemic has created.

We tried to break with the old battlegrounds and ideologies that have failed us over the last century. Instead of calling for unfettered free markets or big welfare states, or simple solutions like budget surpluses or endless stimulus packages, we are calling for a new relationship between the markets, government and civil society.

At the centre of this, we are arguing for a more collaborative approach and for mass community participation to be valued in public life.

There is another way forward that isn’t ‘politics as usual’.
Mick Tsikas/AAP

So how would we do that?

Collaboration works when different groups have the authority and ability to negotiate solutions.

We saw this during the second wave of the pandemic in Victoria when United Workers Union members at a Coles distribution warehouse were able to quickly push to make their workplace more COVID-safe by using the Occupational and Safety Act. While initially reluctant, management introduced a series of changes, including a deep clean of machinery and temperature checks upon entrance.

Compared to hot spots like the Cedar Meats warehouse, these workers minimised the transmission of the virus, securing a better deal for themselves and kept food on supermarket shelves.

Novel solutions emerge when unusual partners collaborate. In Queensland, for instance, a diverse coalition of religious organisations, unions and community organisations called the Queensland Community Alliance has worked with researchers and state and federal governments to create a strategy to combat loneliness.

Their solution wasn’t about spending a lot of money, but reshaping how people use the state health system. They created a new health department role called a “link worker” that could help people navigate the maze of services available to them, saving time and money.



Read more:
After COVID, we’ll need a rethink to repair Australia’s housing system and the economy

Policy is also better when it involves the full participation of everyday people.

In the Hunter Valley, Australia’s largest coal-mining region, local unions, environmental groups, community members and businesses have formed an unusual alliance to find solutions for the regional economy, which is threatened by the closure of mines due to climate change concerns.

Having door-knocked residents to ask their opinions, the new group proposed plans for new industries and jobs to create economic security for local residents.

Participatory policy-making like this is easier when the government treats people as co-producers of solutions, not distant observers or barriers to change. It works best when it is built from the lived experiences of people who will be affected by these policies.

This was a weakness during the pandemic when policymakers often overlooked how their policy responses would affect different groups, such as
those with mental illness,the residents of public housing towers in Melbourne or temporary migrants.

The lesson is that effective policy-making puts affected people at the centre of these discussions — much in the way the disability sector has long advocated a “nothing about us without us” approach.



Read more:
Our lives matter – Melbourne public housing residents talk about why COVID-19 hits them hard

Five benchmarks for the solutions we need

In building the “Real Deal” report, we put these ideas into practice. We began our research not with books, but with the lived experience of leaders in civil society — listening to their stories and responding to the challenges their members were facing.

We took this research to a panel of Australian and international economists and academics, then began a slow process of writing a new framework together. We sought case studies — real solutions — tested in the field by our collaborators, like the ones outlined above.

The process took months, but that time enabled genuine collaboration and participation.

The report offers five benchmarks for measuring whether policy-making is contributing to the solutions we need. These include:

  • an awareness that reshaping how the state serves the people is even more vital than big stimulus packages

  • a focus on addressing pre-existing inequalities and injustices laid bare by the pandemic

  • a bold vision that matches the scale of our economic and climate crises

  • the active participation of people in decisions that affect them

  • a deeply collaborative process.

Central to a real deal is that people make a difference. We are the ones who can make the deals for regional economic development in the face of climate change or create a new health system based on people’s needs.

There is a growing lament in Australia that politicians let us down. But the lesson from the pandemic is we have the power to change our economy and politics, and if we do, we might emerge from these crises stronger.



Read more:
Healthcare, minerals, energy, food: how adopting new tech could drive Australia’s economic recovery

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Economy

B.C.’s debt and deficit forecast to rise as the provincial election nears

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2 days ago

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September 10, 2024

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VICTORIA – British Columbia is forecasting a record budget deficit and a rising debt of almost $129 billion less than two weeks before the start of a provincial election campaign where economic stability and future progress are expected to be major issues.

Finance Minister Katrine Conroy, who has announced her retirement and will not seek re-election in the Oct. 19 vote, said Tuesday her final budget update as minister predicts a deficit of $8.9 billion, up $1.1 billion from a forecast she made earlier this year.

Conroy said she acknowledges “challenges” facing B.C., including three consecutive deficit budgets, but expected improved economic growth where the province will start to “turn a corner.”

The $8.9 billion deficit forecast for 2024-2025 is followed by annual deficit projections of $6.7 billion and $6.1 billion in 2026-2027, Conroy said at a news conference outlining the government’s first quarterly financial update.

Conroy said lower corporate income tax and natural resource revenues and the increased cost of fighting wildfires have had some of the largest impacts on the budget.

“I want to acknowledge the economic uncertainties,” she said. “While global inflation is showing signs of easing and we’ve seen cuts to the Bank of Canada interest rates, we know that the challenges are not over.”

Conroy said wildfire response costs are expected to total $886 million this year, more than $650 million higher than originally forecast.

Corporate income tax revenue is forecast to be $638 million lower as a result of federal government updates and natural resource revenues are down $299 million due to lower prices for natural gas, lumber and electricity, she said.

Debt-servicing costs are also forecast to be $344 million higher due to the larger debt balance, the current interest rate and accelerated borrowing to ensure services and capital projects are maintained through the province’s election period, said Conroy.

B.C.’s economic growth is expected to strengthen over the next three years, but the timing of a return to a balanced budget will fall to another minister, said Conroy, who was addressing what likely would be her last news conference as Minister of Finance.

The election is expected to be called on Sept. 21, with the vote set for Oct. 19.

“While we are a strong province, people are facing challenges,” she said. “We have never shied away from taking those challenges head on, because we want to keep British Columbians secure and help them build good lives now and for the long term. With the investments we’re making and the actions we’re taking to support people and build a stronger economy, we’ve started to turn a corner.”

Premier David Eby said before the fiscal forecast was released Tuesday that the New Democrat government remains committed to providing services and supports for people in British Columbia and cuts are not on his agenda.

Eby said people have been hurt by high interest costs and the province is facing budget pressures connected to low resource prices, high wildfire costs and struggling global economies.

The premier said that now is not the time to reduce supports and services for people.

Last month’s year-end report for the 2023-2024 budget saw the province post a budget deficit of $5.035 billion, down from the previous forecast of $5.9 billion.

Eby said he expects government financial priorities to become a major issue during the upcoming election, with the NDP pledging to continue to fund services and the B.C. Conservatives looking to make cuts.

This report by The Canadian Press was first published Sept. 10, 2024.

Note to readers: This is a corrected story. A previous version said the debt would be going up to more than $129 billion. In fact, it will be almost $129 billion.

The Canadian Press. All rights reserved.

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Economy

Mark Carney mum on carbon-tax advice, future in politics at Liberal retreat

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2 days ago

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September 10, 2024

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NANAIMO, B.C. – Former Bank of Canada governor Mark Carney says he’ll be advising the Liberal party to flip some the challenges posed by an increasingly divided and dangerous world into an economic opportunity for Canada.

But he won’t say what his specific advice will be on economic issues that are politically divisive in Canada, like the carbon tax.

He presented his vision for the Liberals’ economic policy at the party’s caucus retreat in Nanaimo, B.C. today, after he agreed to help the party prepare for the next election as chair of a Liberal task force on economic growth.

Carney has been touted as a possible leadership contender to replace Justin Trudeau, who has said he has tried to coax Carney into politics for years.

Carney says if the prime minister asks him to do something he will do it to the best of his ability, but won’t elaborate on whether the new adviser role could lead to him adding his name to a ballot in the next election.

Finance Minister Chrystia Freeland says she has been taking advice from Carney for years, and that his new position won’t infringe on her role.

This report by The Canadian Press was first published Sept. 10, 2024.

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Economy

Nova Scotia bill would kick-start offshore wind industry without approval from Ottawa

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2 days ago

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September 10, 2024

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HALIFAX – The Nova Scotia government has introduced a bill that would kick-start the province’s offshore wind industry without federal approval.

Natural Resources Minister Tory Rushton says amendments within a new omnibus bill introduced today will help ensure Nova Scotia meets its goal of launching a first call for offshore wind bids next year.

The province wants to offer project licences by 2030 to develop a total of five gigawatts of power from offshore wind.

Rushton says normally the province would wait for the federal government to adopt legislation establishing a wind industry off Canada’s East Coast, but that process has been “progressing slowly.”

Federal legislation that would enable the development of offshore wind farms in Nova Scotia and Newfoundland and Labrador has passed through the first and second reading in the Senate, and is currently under consideration in committee.

Rushton says the Nova Scotia bill mirrors the federal legislation and would prevent the province’s offshore wind industry from being held up in Ottawa.

This report by The Canadian Press was first published Sept. 10, 2024.

The Canadian Press. All rights reserved.

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