Backflip Bill and ‘sovereign risk’

2 March 2018, Shorten says he ‘doesn’t like’ Adani’s mega-mine but ‘can’t ban it because of sovereign risk’

“But … I also respect the principle of Australian politics. That is, one government enters into contracts, then a future Government can’t just rip them up. “To do so would be sovereign risk.”

Source: ABC News

Yesterday, Shorten ‘not going to be bullied’ over the coal mine

Shorten says he will not be ‘bullied’ … while refusing to rule out a review of the Morrison government’s decision to approve the project.

“We will adhere to the science, the law, we won’t create sovereign risk“.

Source: SMH

Then why are you ‘reviewing’ it?

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