‘From red tape to red carpet’
Article courtesy of Spectator Australia.
In this week’s issue, we are delighted to hear from Gina Rinehart on the importance of mining to not only our national economy but also to our geopolitical survival. Fresh from almost single-handedly financing federal Labor’s so-called budget ‘surplus’, Ms Rinehart is correct to point out the long-term damage we are doing to this nation by constantly demonising mining as ‘evil’ and ‘dirty’. With India’s Prime Minister Narendra Modi currently visiting these shores – and, it has to be said, to the rapturous delight of Australia’s much-valued Indian diaspora – there couldn’t be a better time for Ms Rinehart’s warnings.
Indeed, when welcoming Mr Modi, Ms Rinehart emphasised the critical importance of Australian trade with India, and its enormous potential for growth.
As Ms Rinehart pointed out, in the last five years under Mr Modi the Indian economy has grown to $3.5 trillion, and with plans currently in place should grow over the next 25 years to $32 trillion.
‘Australia really needs to work harder to develop its relations with India,’ urged Ms Rinehart, before pointing out that one of the keys to India’s astonishing economic success is Mr Modi’s commitment to his election mantra, ‘from red tape to red carpet’. Slashing prohibitive bureaucracy and regulations in order to encourage much-needed investment.
Alas, under Labor, Australia is going in the completely opposite direction. From green tape to green poverty. As Michael Collins writes, the damage being done by Labor’s renewables strategy is enormous. He identifies nine asinine ways we are harming ourselves. Chris Bowen couldn’t be pursuing a more reckless and dangerous set of energy policies if he tried.
And it’s not as if the warnings aren’t in abundance. As Judith Sloan writes, the Snowy 2.0 scheme, touted by former prime minister Malcolm Turnbull as his great climate panacea, is literally bogged in the mire. According to its former CEO, the project has no hope of ever delivering on the foolish promises repeatedly made by our climate-mad leftist overlords.
