Proposals for development of ‘green jobs’ emerged when environmentalists, labour organisations and political economists recognised the need for economic restructuring to reduce climate change. Current proposals for a Green New Deal go further by putting additional emphasis on fiscal stimulus, ‘just transition’, reducing socio-economic inequalities, and political empowerment. This article analyses the development of this more comprehensive policy approach, its rationale, the constraints it would face and its prospects in the Australian context. JEL Codes: B50, H12, L78, P18, Q58