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    The Guardian

    Jim Chalmers says Coalition’s nuclear plan represents $4tn hit to economy by 2050

    Jim Chalmers says Coalition’s nuclear plan represents tn hit to economy by 2050



    Federal treasurer also reveals mid-year budget update out this week will show bigger deficits than May papersFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe federal treasurer says the Coalition’s nuclear policy costings suggest a $4tn hit to the national economy over the next 25 years, based on its assumption that the economy will be smaller with less need for energy.Jim Chalmers on Sunday also conceded the mid-year budget update to be released this week would reveal bigger deficits than the May budget, with the treasurer describing the revision as “slippage”. Continue reading…



    Source link : https://www.theguardian.com/australia-news/2024/dec/15/jim-chalmers-says-coalitions-nuclear-plan-represents-4tn-hit-to-economy-by-2050

    Author : Karen Middleton

    Publish date : 2024-12-15 01:03:00

    Copyright for syndicated content belongs to the linked Source.

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