Big Business Lobby Pushes for Limits on Government-Subsidized Manufacturing Projects ๐ฆ๐บ
Australia's leading business group urges the government to impose restrictions on manufacturing plans receiving taxpayer funding, sparking debate over economic priorities and public investment.
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Australia's big business lobby wants limits placed on local manufacturing projects the Albanese government decides to subsidise with taxpayer money. The Prime Minister has flagged new laws and funding in next month's budget to attract investment for clean energy and high-tech products, joining a global race competing for those industries. But the head of the business council of Australia Bran Black says the prime minister needs to find projects that would benefit from taxpayer funds without completely relying on them.
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871
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Duration
1:19
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Published
Apr 12, 2024
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