The Liberal Party used to believe in business cases and return on investment.
Now it believes in photos.
Back in March Turnbull announced a feasibility study for his nation-building Snowy Scheme 2.0.
This was the ABC in March:
The NSW and Victorian State Governments were informed of the proposed expansion yesterday, despite being majority shareholders.
Mr Turnbull spoke directly with NSW Premier Gladys Berejiklian, who the Prime Minister said was "so excited", while Energy Minister Josh Frydenberg raised the project with Victorian Treasurer Tim Pallas.
Mr Turnbull said he expected feasibility work to be completed by the end of the year, which would allow work to begin next year.
Up to 500 jobs are expected to be created by the project, which will be led by the Australian Renewable Energy Agency.
When asked repeatedly where the funding would be sourced, Mr Frydenberg told the ABC's 7.30 program that "projects like this make money".
"We are right now celebrating the fact that a feasibility study will be underway," he said.
But that was then.
Yesterday Chairman Mal needed a circuit breaker.
So forget the feasibility study.
Forget the business case.
Chairman Mal has switched on the Boring Machine.
Here's the man himself with Neil Mitchell on 17 March 2017
The feasibility study you’re running on the Snowy idea that the Snowy -
It’s more than an idea. The project has been designed actually.
What if the feasibility says it’s a dud, what do you do?
Well, it won’t say that.
What are you having it for then?
Thanks Neil. I’m glad you’ve asked that -
If it’s going to say it’s okay, why are you having a feasibility study?
Because the project was designed in the 80’s and there has been a lot of changes in technology since then, particularly with respect to boring tunnels. So instead of doing it with jackhammers and gelignite, they’ve got those big tunnel boring machines. So they’ve got to re-examine the geology to make sure that the alignment of the tunnel is still the right one. Obviously they’ve got new technology for generation. So it’s basically updating it.