Opposition vows to unwind NRF in $7bn industry policy savings blitz


Joseph Brookes
Senior Reporter

A Coalition government would unwind Labor’s flagship industry fund and production incentives for green hydrogen, aluminium and critical minerals in a savings drive aimed at taming inflation and offsetting its own tax reform.

The cull on “corporate welfare” would save the budget $7.3 billion and is part of spending cuts totalling $31 billion promised this week by the opposition, which is also vowing to axe Labor’s key climate and housing …

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