‘Ridiculous contract’: Snowy Hydro 2.0 could cost up to $40 billion
Community Score: 50% | 3.1K views | 1mo
0 community ratings: null thumbs up, null thumbs down
News24 contributor Joe Hildebrand discusses the construction of the Snowy Hydro 2.0 that could cost an estimated “$40 billion”. “From about $2 billion when it was first announced to now looking like possibly even $40 billion, if you can imagine that,” Mr Hildebrand said. “A ridiculous contract that was drawn up that gives, I think it’s the Italian company that’s behind it huge leeway in being able to charge almost kind of whatever they want.”
Tags: 6404587639112, business, energy, fb, msn, opinion, yt
More from Sky News Australia
- BREAKING: Shocking arrest of former prince Andrew — Score: 50%
- Calls for ‘two-year ban’ on immigration to boost Australia’s economy — Score: 50%
- UK justice acts as ex-prince Andrew faces arrest while US figures escape accountability — Score: 50%
- Andrew sweating in a ‘police cell’ despite past sweat claims — Score: 50%
- Reaction from the UK of Andrew’s arrest has been ‘seismic’ — Score: 50%
- ‘Deeply embarrassed’: Royal Family rocked by Epstein scandal — Score: 50%