Do investment tax breaks work? A new study finds the evidence is ‘mixed at best’
In an election year, further promises of tax breaks for businesses are likely. But are they a good idea, and at what cost do these promises come?
Future Made in Australia tax breaks introduced
The federal government has scheduled to introduce the Future Made in Australia (Production Tax Credit and Other Measures) Bill 2024 to Parliament today, with its focus the global net zero transformation. The legislation implements the government’s production tax incentives for renewable hydrogen and critical minerals, and also expand the role of Indigenous Business Australia. The…