‘Circular economy’ revolution could be worth $2 trillion

The Australian economy could enjoy a boost worth nearly $2 trillion in the next 20 years if the nation abandons its “take, make, use, waste” approach to materials and resources.

Australia has an ambitious plan to be reusing 80 per cent of all of its rubbish within nine years and the state and Commonwealth governments are jointly planning to ban the export of waste plastic, paper, glass and tyres.