Politics With Michelle Grattan: Budget Fight Looms On Future Made In Australia Tax Breaks

(MENAFN- The Conversation) Treasurer Jim Chalmers on Tuesday handed down his third budget. It had a second successive surplus and sweeteners, including relief on energy bills, and tax breaks for development of green hydrogen and critical minerals processing.

The opposition will back the energy bill subsidy but oppose the tax breaks in the Future Made in Australia policy.

In this podcast we were joined by Angus Taylor, who is shadow treasurer, and Chalmers.

On the $300 household energy relief, Taylor says it's an acknowledgement of a government broken election promise:

On the Coalition's opposition to the tax breaks for the development of green hydrogen and critical minerals processing:

Chalmers tackles criticism levelled at the universal nature of the energy rebates:

He also makes it clear that while some people will get the rebate more than once if they are paying the energy bill on more than one property, this is not the case where properties are rented out.

On the looming Senate fight on the Future Made in Australia tax breaks, Chalmers says:

  • Surplus
  • Politics with Michelle Grattan
  • Angus Taylor
  • Jim Chalmers
  • Budget 2024
  • Future Made in Australia Act

The Conversation


The Conversation

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