Dutton’s budget reply speech is full of distortions and is factually wrong. There is reason to conclude that the Coalition is not yet fit for government as it does not have a coherent economic strategy to deal with the key problems facing Australia today https://johnmenadue.com/what-could-we-expect-from-a-dutton-governmentpic-dutton/
It was always a coal and gas policy.
The nuclear part was just a way to attack investor confidence in renewables. This obsession is why business investment collapsed under the liberal government from 2013-2022.
(End of the mining boom drove a huge fall in mining investment, but despite record low interest rates, all that investment capital didn’t go into anything else, it just stopped.)
Didn’t manage to complete my point on investment capital vanishing after the mining boom instead of being diverted to other opportunities:
The Libs were aggressively hostile to all new growth industries. They only want investment in sunset industries, not emergent ones.
So investors went abroad.
Because he's a gasbag, all his policies are political fixes and have no overall coherence.
The Opposition's floundering is even more apparent after tonight's dismal performance.
#auspol
Peter Dump has completed his training with the Heritage Foundation 🤷♀️ His actual agenda is to destroy our democracy- Nuclear ☢️ is just a distraction from his true intentions 😡
Comments
https://www.theguardian.com/australia-news/2024/dec/20/matt-canavan-national-coalition-peter-dutton-nuclear-power-policy
The nuclear part was just a way to attack investor confidence in renewables. This obsession is why business investment collapsed under the liberal government from 2013-2022.
The Libs were aggressively hostile to all new growth industries. They only want investment in sunset industries, not emergent ones.
So investors went abroad.
The Opposition's floundering is even more apparent after tonight's dismal performance.
#auspol
remember the lnp says they are not going to do something is/was the first thing they do when in government
" It was NOT A CORE PROMISES "