article-article-body
Peter Dutton is expected to reject manufacturing subsidies worth billions of dollars in his response to the federal budget.
The opposition leader will on Thursday deliver the Coalition’s position on the Albanese government’s 2024/25 budget.
Production tax credits worth $13.7 billion for hydrogen and critical minerals, the centrepiece of Labor’s Future Made in Australia plan, will likely be opposed.
Dutton on Wednesday said the Coalition would support the government’s $300 energy bill rebates for Australian households.
But the Coalition’s frontbenchers have criticised the lack of means testing for the cost of living relief, questioning why those at the top end of town were also receiving handouts.
Handpicked for you
Future Made in Australia unveils $1.7 billion innovation fund
Surprise, the Future Made In Australia policy includes $1.7 billion for an innovation fund aimed at early-stage development.
Budget 2024: 16 things SMEs need to know about the federal budget
Booking a surplus for the second year running, this year’s budget contains a buffet of measures for SMEs, from another extension of the instant asset write-off, to additional funding for the Small Business Debt Helpline and NewAccess mental health support.
COMMENTS
SmartCompany is committed to hosting lively discussions. Help us keep the conversation useful, interesting and welcoming. We aim to publish comments quickly in the interest of promoting robust conversation, but we’re a small team and we deploy filters to protect against legal risk. Occasionally your comment may be held up while it is being reviewed, but we’re working as fast as we can to keep the conversation rolling.
The SmartCompany comment section is members-only content. Please subscribe to leave a comment.
The SmartCompany comment section is members-only content. Please login to leave a comment.