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Bruce Mountain

The Australian Financial Review (AFR) •
November 02, 2026 • 05:02:25 AM
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The monument needs more to be spent to finish it than has already been spent. The one piece of good news is that policymakers can resist the sunk-cost fallacy.

Bruce Mountain

The monument needs more to be spent to finish it than has already been spent. The one piece of good news is that policymakers can resist the sunk-cost fallacy.

How could a sophisticated, ostensibly responsible government have embarked on such a risky project without any serious independent assessment?

The AEMO has confidently defended its energy costings plans as the best laid to be had, despite turning out drastically worse than its predictions.

The opposition and the government fail to answer critical questions on their respective nuclear stances. It is time to get the experts in.

The government has a neat way of dealing with the exploding costs of Snowy Hydro 2.0: just dial up the benefits to match.

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