Not so positive outlook yesterday on the potential tax credits legislation that would have been part of theFuture Made in Australia bill with The Australian reporting this morning that the Coalition has said it will oppose the bill and the Greens undecided.
The West wrote
.. “... Resources Minister Madeleine King accused Mr Dutton of telling miners in WA one thing and colleagues in Canberra something different over critical minerals production tax credits, …….Debate over the policy backed by the critical minerals sector showed the battlelines each side is drawing ahead of a federal election expected to again hinge on results in WA…..
… “Ms King seized on comments Mr Dutton made on the sidelines of Diggers and Dealers last week.
Asked about production tax credits, he said his party would “have more to say about the ways in which I think we can provide support” while highlighting slow approvals processes — read by the sector as a softening of the Coalition’s opposition to the critical minerals tax breaks.
But the next day, shadow treasurer Angus Taylor said the party had been “very clear” in its opposition to the tax credits.
The Resources Minister said Mr Dutton’s remark “may be a pithy catchphrase” but it would be more useful to critical minerals companies if the Opposition said yes to the tax credits….”
Don’t count on it?
But I guess it’s not over until it’s over, and whatever way it goes, kudos to those who got the idea this far.
cheers
(20min delay)