House debates

Tuesday, 4 November 2025

Questions without Notice

Cost of Living

2:13 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

They'll get the support they need from this government because that's what we do each and every day. Indeed, the member for Cook—who went on to back in the policy that was established by the former member for Cook, when they established the net zero target under the former Morrison government—had this to say:

… McKinsey analysis estimates these opportunities would add about AU $75 billion to the Australian economy each year through to 2035, as well as an additional 130,000 direct jobs over the period.

I reckon that would help them out—130,000 direct jobs. He went on to say:

Australia is facing a global economic transition that it cannot stop. Fortunately, the "lucky country" can make its own luck. Blessed with natural endowments, it can ensure a just transition with abundant economic and employment opportunities in the same regions that will be affected by the inevitable decline in fossil fuel exports.

Well, there it is.

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