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‘Wrecking ball’: Jim Chalmers’ $11bn warning

Treasurer Jim Chalmers said abandoning net zero could jeopardize over $11 billion in critical minerals investment and harm Australia’s role in global supply chains.

Summary by News
The Treasurer has delivered a brutal verdict on the Coalition’s decision to ditch net zero – warning it will kill private capital earmarked for a critical sector.

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PerthNow broke the news in City of Perth, Australia on Sunday, November 23, 2025.
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