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The corporate world thought the head of the competition regulator would be on its side but that’s not how it’s turning out.

The minister for the environment needs to prove whether she is there to protect Australia’s environment or the Labor Party.

Treasurer Jim Chalmers loves watching his beloved Brisbane Broncos at Suncorp Stadium, so approving an ANZ takeover of the Queensland bank won’t come naturally.

Arguably ‘climate change’ is the most intractable issue of those championed by Labor and the Teals in the recent election; (ICAC and women’s issues could be addressed in this parliament but achieving deep reductions in greenhouse gases could take many more years). The ministry for ‘Environment and Water’ (Plibersek) will be as crucial as the ministry for ‘Energy and Climate Change’ (Chris Bowen). Labor is right to set them apart, in contested space, unlike the LNP which lumped them together to sideline them.

In advanced social democracies one third, or more, of the economy can be run by the government, since the tax raised in those countries is 33-40% of the GDP (Gross Domestic Product) (see all OECD economies here). This allows the government to invest in cities, infrastructure, and especially housing, as well as the usual national causes of health, education, defense, aid and so on.