For all the grumbling, I have to admire YDS for an astute, or perhaps just lucky, strategy for pitching this to the country.
The "original" HFR 1.0 vision was a very bare-bones proposition, with a business case that by all reports has demonstrated an absence of subsidy. The premise was that it could be improved where further investment showed ROI. It was all about attracting investors.
Having considered that, the response of the government has not been to naysay that idea.... but rather to wonder what bells and whistles it can add to make the thing sexier, even if some of the additions aren't within an ROI-based envelope. (Which happens to be how the Liberal side of the house looks at spending generally)
I think the debate (and theres going to be an election in here shortly) won't be the government saying let's build this thing, and the opposition saying don't build it.... rather, the debate may be between one party saying build it, with the bells and whistles....and the other party saying only build the part that was shown as being able to run in the black, ie HFR 1.0.
Where for decades, investment in VIA was considered "unprofitable", most of the critics this week are mostly saying it's not good enough.
If so, that's a wonderful way of having gotten to "yes", guaranteeing something gets approved.
- Paul