Jim Chalmers claims there won’t be ‘any new money’ for gas in budget as Labor faces caucus revolt

Albanese government has already telegraphed budget will include $566m over 10 years to map Australia’s soil and seabed for gasfield exploration and $100m to speed up environmental approvalsFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe treasurer, Jim Chalmers, has attempted to head off a caucus backlash against the Albanese government’s future gas strategy by promising there “won’t be any new money” for the plan in next week’s budget.The resources minister, Madeleine King, released the government’s gas roadmap on Wednesday, which sets out plans for gas to be used in Australia to 2050 and beyond, including the exploration and opening of new gas fields as a priority.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...

May 10, 2024 - 10:30
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Jim Chalmers claims there won’t be ‘any new money’ for gas in budget as Labor faces caucus revolt

Albanese government has already telegraphed budget will include $566m over 10 years to map Australia’s soil and seabed for gasfield exploration and $100m to speed up environmental approvals

The treasurer, Jim Chalmers, has attempted to head off a caucus backlash against the Albanese government’s future gas strategy by promising there “won’t be any new money” for the plan in next week’s budget.

The resources minister, Madeleine King, released the government’s gas roadmap on Wednesday, which sets out plans for gas to be used in Australia to 2050 and beyond, including the exploration and opening of new gas fields as a priority.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...

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