Sustainable Economy

The Sustainable Economy Program aims to identify options for Australia to make a rapid transition to an environmentally and socially sustainable economy. Australia has tremendous opportunity to leverage its abundant natural resources and skills in innovation to build a fair, sustainable and prosperous economy – one that provides a secure future for all Australians. Yet to do so, we need to get the policy settings right.

The Sustainable Economy Program is underpinned by an understanding of the problems caused by systemic short-termism in both the public and private sectors, and by the failure to value public goods which are hard to measure or monetise. It seeks to highlight the importance of ‘valuing what matters’. By improving our understanding and measurement of the the long-term drivers of wellbeing, and ensuring the the impacts of resource depletion and pollution are no longer ‘invisible’ to markets, we can avert systemic failures in public and private decision making that undermine the sustainable management of our natural and social capital.

CPD’s recent work on climate change has focused on the implications of a changing climate for Australia’s national security. The Longest Conflict found that while defence forces in the United States, the United Kingdom and elsewhere are taking the impact of climate change very seriously, Australia was underprepared for a climate security challenge that will have more far-reaching implications in the Asia Pacific than anywhere else in the world.

In 2015 we also continued our work on sustainable agriculture, building on the landmark report Farming Smarter, Not Harder. This work on agriculture complements CPD’s long-standing interest in the marine sector and energy.

In addition to continuing this work, in 2016 the Sustainable Economy program will also examine the contribution business can make to improving Australia’s sustainability performance, with a particular focus on potential drivers of better long-term decision making in Australia’s boardrooms.

South China Morning Post | 9 June 2014

China-fuelled mining boom a double edged sword for Queensland. CPD Sustainable Economy Research Director contributes to international perspective on Qld Research Director Laura Eadie shared her insight with the South China Morning Post on the dangers to Queensland in relyingmore

The Guardian | 14 May 2014

Australian Budget 2014: the panel verdict Matt Grudnoff, Andrew Leigh, Trisha Jha, (CPD’s) Laura Eadie, Frank Bongiorno and Ged Kearney all weigh in on Joe Hockey’s first Budget What’s missing is an understanding of the real structural changes taking place in themore

The Motley Fool | 27 February 2014

Lend Lease backs out of Abbot Point expansion Recently Lend Lease Group has announced its withdrawal from the Abbot Point port expansion with Aurizon. The project was widely debated due to potential environmental impacts caused by dredging and whether itmore

ABC North Queensland | 18 February 2014

‘Fair day’s work for a fair day’s pay’? Household incomes lower in Queensland CPD’s Laura Eadie joined Pat Hession on ABC Local Radio North Queensland. They discuss the low average household incomes in Queensland, despite the state being a resourcemore

The Brisbane Times | 18 February 2014

‘Queensland’s mining focus threatening wages’ In the recent CPD report All boom, no benefit? author Laura Eadie found that Queensland average household wages were around five per cent lower than the Australian average. Despite decades of mining development and a resourcemore