With a federal election due by May 2025, few doubt it will be fought over the high cost of living, with emphasis on energy policy and the punishing effects of electricity prices. But the underlying condition of the economy will determine the salience of these arguments with voters.
In other words, the “climatic” or structural conditions of the economy – which are largely beyond the control of politicians – will help either to validate or to neutralise the charges of the various parties, be they government, opposition, Greens or independents.
This matters given the centrality of climate and energy policy. A campaign fought on those issues might be expected to benefit the Greens and the Teal independents – but the Coalition believes it can turn these issues into hip-pocket concerns.