Coalition to block $13.7 billion Future Made in Australia manufacturing subsidies

coalition budget subsidies Peter Dutton instant asset write-off

Opposition Leader Peter Dutton. Source: SmartCompany via AAP image/Mick Tsikas.

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.

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