Budget 2025: $4.3 Billion for New Net Zero Measures Across Next 3 Years

Budget 2025: $4.3 Billion for New Net Zero Measures Across Next 3 Years

Labor’s new net zero initiatives will cost Australian taxpayers $4.3 billion (US$2.7 billion) in the short term and $6.9 billion in the medium term. These figures follow the $24.3 billion net zero spending outlined in last year’s budget and $4.6 billion in climate-related spending from the previous year. The lion’s share ($3.8 billion) of the short-term funding will be used to reduce emissions in Australia’s energy system and the broader economy…

Budget 2025–26: $8B to build net zero future - Utility Magazine

Image: Nattapun/stock.adobe.com  The Federal Government has unveiled its 2025–26 budget Building Australia’s Future, with key funding allocated to drive the energy transition and fast-track the nbn.  Prime Minister, Anthony Albanese, said this budget is securing Australia’s future during a time of global uncertainty by making the economy more productive and more resilient.  “Our best defence against global pressures is a stronger economy, and th…

Budget 2025/26 — Highlights & Observations - The McKell Institute

The budget that wasn’t meant to happen It was the budget no one thought would be delivered. Labor strategists were gearing up for a 12 April election, which would have avoided the need to have an early budget.  The Prime Minister’s decision to delay the election due to Cyclone Alfred assured that Treasurer Jim Chalmers would deliver his fourth budget, ahead of a likely May 3 or 10 poll.  Many of the commitments had been announced in recent weeks…