Opposition Leader Peter Dutton criticizes Australia's $27.8B production credits as "tax cuts for billionaires."
Opposition Leader Peter Dutton criticizes the Australian government's $27.8 billion in production credits, dubbing it "tax cuts for billionaires." The Coalition has criticized the $7 billion in tax credits for critical minerals, claiming it benefits billionaires and large corporations, while the opposition vows to repeal these credits if they come to power. The plan, part of the $22.7 billion Future Made in Australia package, aims to encourage the next boom in critical minerals and create jobs.
May 15, 2024
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