House debates

Monday, 24 June 2024

Questions without Notice

Renewable Energy

3:14 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

One of the great distinctions now—I didn't think when I first came to this place that I would say this—this side of the House, the Labor Party, believes in working with the business community and believes in private sector investment. That side of the House has adopted Soviet tactics. They want a command economy. It's going to be all funded; the losses will all be there; the taxpayer subsidies will all be there with centralised planning, which is why they hide the costs—because it simply doesn't stack up. There isn't a single investor, a single bank, a single financial institution. Not even their mates are queueing up to say, 'I've got some money for nuclear reactors,' and that's because it doesn't stack up, which is why they are hiding the costs.

Honourable members interjecting

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