One glorious part of the costings is where the LNP says
The Coalition will wind up Labor’s ineffective off-budget funds, including:
- The Housing Australia Future Fund;
- The Rewiring the Nation Fund; and
- The National Reconstruction Fund (and abolishing the associated National Reconstruction Fund Corporation).
The Coalition will redirect part of the balance sheet improvements from these decisions towards other priorities. These include:
- Establishing the Regional Australia Future Fund, which will be seeded with $5 billion from the Rewiring the Nation Fund.
- Creating the Critical Gas Infrastructure Fund.
- Providing equity for the construction of new nuclear power plants to replace retiring coal-fired power plants.
So the Coalition are saying they will get rid of the ALP terrible off budget funds and replaces them with… err off-budget funds
(and remember they are all administered by the Future Fund – so no fund is anymore or less effective than another.)
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