Under the Coalition, Australian manufacturing would face a decade of uncertainty and taxpayers would finance the renationalisation of electricity generation.
Opposition leader Peter Dutton’s CEDA speech on Monday provided no more detail on the Coalition’s nuclear policy. Dutton had already confirmed he would renationalise Australia’s baseload Australia’s power generation. His speech simply reaffirmed it. Sir Robert Menzies, a champion of free enterprise, would not recognise the modern Liberal Party.
Instead of setting out the cost of the seven nuclear power plants he has promised, Dutton stated yet again that the costings would be released before election day.
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Craig Emerson is managing director of Emerson Economics. He is a distinguished fellow at the ANU, director of the Australian APEC Study Centre at RMIT and adjunct professor at Victoria University’s College of Business.
