Subsidies to prop up fossil fuel are more pressing for the Morrison government than subsidies for renewables or climate adaptation
The idea that the Coalition can borrow money to build car parks in marginal seats but must “save up” money to build up an emergency relief fund is absurd. It’s not based on any sound principle of economics, finance or even politics. It’s purely driven by the prime minister’s need for a regular flow of “announceables”.
While the prime minister is in Lismore on Wednesday to declare a national emergency and announce flood funding, Australians – and in particular disaster-stricken communities – are growing tired of his “announce early, announce often” modus operandi.