Australian Government Failure and the Green Loans Program |
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Authors: | Michael A. Kortt Brian E. Dollery |
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Affiliation: | 1. Southern Cross Business School , Southern Cross University , Tweed Heads , New South Wales , Australia michael.kortt@scu.edu.au;3. School of Business, Economics and Public Policy , University of New England , Armidale , New South Wales , Australia |
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Abstract: | Since the 2007 federal election, the Australian government has implemented numerous new programs, many with dual economic and environmental objectives. A significant number of these initiatives have not only proved unsuccessful, but have also been criticized for their implementation and subsequent management. Using the conceptual prisms offered by the literature on decentralization, augmented by the government failure paradigm, this article considers the aborted Green Loans Program, which commenced in July 2009 with the aim of encouraging water and energy efficiency in existing homes through financial assistance for investment in water and energy-efficient technologies. |
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Keywords: | decentralization government failure Green Loans Program |
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