The resources boom, structural change and 'closing the gap'

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26 September 2011Australia's mining boom heralds an unprecedented opportunity to establish a sovereign wealth fund that can be used to help eliminate indigenous disadvantage.

Australia is experiencing what may be the largest and longest commodities boom in its history. Through a sovereign wealth fund built on budget surpluses generated by the boom, we could tackle some of our most intractable problems, including the cost of an ageing population, the transition to a low-carbon economy and the stubborn reality of Indigenous disadvantage. We have an unprecedented opportunity. But do we have the foresight to take it?

Publication typeReport
Publisher TypeThink tank
CoverageAustralia
Permanent URLhttp://apo.org.au/node/26517
Views1570

Related Topics

Aborigines

Closing the Gap

Economic mobility

Mining

Mining boom

Multiculturalism

Economics

Indigenous

Social Policy

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