The Albanese government’s proposed nature repair market – which Tanya Plibersek once said could create a “green Wall Street” – is in trouble after the Coalition backflipped to oppose it and the Greens labelled the draft legislation “irreparable”.
The fate of the bill won’t be decided until after a Senate inquiry reports on 1 August, but the Coalition’s changed position sets up another Labor-Greens stoush over environmental legislation.