All I am saying is that we shouldn’t assume that our future is unfavourable just because we happen to have started with the industry mix we have. A corollary of my view, of course, is that it would be very unwise for the government to provide incentives for the private sector to move out of one activity into the other.
It could easily end up being seen the same way as the decision of the South Australian authorities in 1986 to pay grape growers to pull up their red wine vines (some of which were the now highly-prized old growth shiraz) and get into something more promising.