Antalya, Turkey | Energy Minister Chris Bowen has confirmed his flagship electric vehicle and home battery subsidies are in the sights of Labor’s budget razor gang, but declared now is not the time to completely cut off taxpayer support as he faces a Treasury-led push to drastically wind back the programs.
“Every fiscal event, whether it be a budget or a MYEFO, is not only an opportunity but an obligation to review every policy and say is this working exactly as we intended, or are there any changes that we should make,” Bowen told The Australian Financial Review at the COP31 climate summit in Turkey.
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