Australia Institute
@TheAusInstitute
The Australia Institute is a leading think-tank based in Canberra https://t.co/GDuUqR0Eyi | Authorised by E Bennett, The Australia Institute, Canberra 2603
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http://australiainstitute.org.au 01-08-2011 02:01:57
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Quite something to listen to Emma Shortis and Bruce quietly and calmly explain Project 2025, which is what an Aussie might colloquially call ‘batshit’ on LNL with Phillip Adams #auspol
'The gas industry is going to pay less tax, less Petroleum Resource Rent Tax.'
'They've downgraded by over $3 billion the amount they’re expecting to collect from the gas industry.'
Senior Economist Matt Grudnoff
Matt Grudnoff Greg Jericho #auspol #Budget2024
'Stage Three, as the Morrison Government created it, it mostly went to the top end.'
'The new Stage Three we're going to see in a couple of months' time, that is spread evenly across all taxpayers.'
- Senior Economist Matt Grudnoff
Matt Grudnoff Greg Jericho #auspol #Budget2024
'This was the absolute wrong time to be having an austere budget.'
'These measures that the Government is putting out aren't so much increasing inflation, it's actually just helping.'
Greg Jericho Matt Grudnoff #Budget2024
'This Budget seemed to have two goals: help with the squeeze on households and reduce the CPI back into the RBA's target band.'
- Chief Economist Greg Jericho
Greg Jericho #auspol #Budget2024
Remember when the Minister for Climate Change Chris Bowen said the private sector had to 'go it alone' on carbon capture and storage?
(this doesn't include the leg/policy support the govt has already given to ccs since 2022)
#auspol #climate #Budget2024
afr.com/companies/ener…
The Australian Government is so confident that fossil fuel use is going to increase in Australia that they are actively budgeting for it.
Renewable energy...not so much.
#auspol #climate #Budget2024 Australia Institute