Rix’s Creek Extension Project: Submission
The economic assessment of the Rix’s Creek Extension Project, written by consultants KPMG, heavily overstates the benefits of the project while largely ignoring potential costs.
Key flaws are:
- High coal prices.
- Unorthodox treatment of wages.
- Assumption that most external costs are fully offset or mitigated, with no consideration of risk around these impacts.
- Minimal detail provided on economic impact assessment.
Type of Publication:
14 December 2015