Trending
Prev Story
Next Story

Chalmers faces $350m showdown over fossil fuel R&D tax credits

The Australian Financial Review (AFR) •
October 25, 2026 • 09:00 AM
1
1 reads 0 reactions

The Greens have a $350 million price for their support of Treasurer Jim Chalmers’ legislation to overhaul the R&D scheme when parliament returns this week.

Chalmers faces $350m showdown over fossil fuel R&D tax credits

The Greens will demand $350 million a year in tax credits be stripped from oil and gas exporters such as Chevron, Woodside and Shell before they will consider backing Labor’s proposed overhaul of research and development tax incentives.

Treasurer Jim Chalmers is expected to introduce legislation to overhaul the R & D tax scheme when parliament returns this week.

Gift articles to anyone you choose each month when you subscribe.

Tags:
Prev Swipe Story Next

Related Stories

Politics & Governance
Build #2611