Stoush over $13.7b tax credits threatens to stall flagship budget policy

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Labor will be forced into talks with the Greens over new curbs on coal and gas in a bid to salvage the $13.7 billion tax credits in its “made in Australia” budget plan, after the Coalition rubbished the new measure.

Labor will be forced into talks with the Greens over new curbs on coal and gas in a bid to salvage the $13.7 billion tax credits in its “made in Australia” budget plan, after the Coalition rubbished the new measure as a handout for billionaire miners.

While the budget shows that net migration should fall from 528,000 last financial year to 395,000 this year and 260,000 next year, Dutton accused Labor of increasing the numbers and making the housing shortage worse. “Spare us the pretend outrage,” Chalmers told question time after shadow treasurer Angus Taylor asked about the $13.7 billion plan.

“His opposition is totally tone-deaf to the work the government is doing with the United States administration to drive the development of an Australian critical minerals and rare earths processing industry,” she said.

 

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