The Coalition’s net zero chaos is scaring off investors
When the Coalition wavers on net zero, it tells investors Australia still isn’t a reliable place to back the industries defining this century.
The Liberal Party once prided itself on sound economic management. This week’s chaos has shown that claim no longer holds.
I’ve spent more than 30 years working at the intersection of finance, energy, and policy — from helping stand up the Clean Energy Finance Corporation to leading key projects with the Investor Group on Climate Change and with the Responsible Investment Association Australasia. Across those roles, one principle was constant: long-term policy stability drives the competitive deployment of capital.
Whatever the outcome of the Coalition’s discussions on net zero, the damage is already done.
Super funds, insurers, and investment managers make multi-decade decisions. They can’t operate efficiently when the rules change with every election cycle or, worse, every party-room meeting.
