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Chalmers says ‘big’ investment in subsidy plan won’t push up inflation

Matthew Cranston
Matthew CranstonUnited States correspondent

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Washington | Treasurer Jim Chalmers has said the government is considering “substantial” investments in the proposed Future Made in Australia green subsidy policy, which critics say risks entrenching subsidy-dependent industries.

Speaking on the sidelines of IMF and World Bank meetings in Washington overnight, Dr Chalmers said the investments being considered for the new industrial policy were “big”, but would not add to inflation pressures.

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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com

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    Original URL: https://www.afr.com/world/north-america/chalmers-says-big-investment-in-subsidy-plan-won-t-push-up-inflation-20240419-p5fl1o