Opinion
Coalition’s taxpayer-funded nuclear con a road to ruin
We estimate that the fiscal damage would be in the order of a minimum $100 billion “nuke builder” tax, but likely considerably more given the international experience.
Tim Buckley and Annemarie JonsonWe now know that if the federal opposition wins the next election, it proposes to gouge Australians to bankroll a national build-out of government-owned nuclear reactors across seven locations – because private capital won’t touch nuclear.
Opposition Leader Peter Dutton’s fact-free, 900-word press release on the topic – the totality of the Coalition’s policy announcement – failed to produce costings for what would be a long-term, multibillion-dollar “nuke builder” tax. We estimate that the fiscal damage would be in the order of a minimum $100 billion, but likely considerably more given the international experience.
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