Adding to the calls by just about everyone that the marriage equality plebiscite is a waste of time and money, Price Waterhouse has released their estimates of the cost, coming in at over $500million.
The modelling undertaken by the firm estimates that the plebiscite would cost the country $280 million (£150 million) in lost productivity, in addition to the actual cost of the plebiscite.
In addition, PwC says campaigns for and against equal marriage will cost Australians another $66 million (£35 million), and the cost due to the impact on the LGBT community is estimated at a further $20 million (£10.5 million).
The chief executive of PwC Australia, Luke Sayers, says the cost of the vote will be three times what was estimated by the Electoral Commission, a total of $524 million.
“Total economic costs have not been considered before and should be part of the debate on the best way to achieve a resolution to this issue,” Mr Sayers said. Pink News
Posts
No comments:
Post a Comment