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Albo’s “fools errand” manufacturing subsidies shock economists

April 18, 2024 - 13:00 -- Admin

The inaugural chair of the Productivity Commission, Gary Banks, has joined the pile-on against the Albanese government’s “Future Made” subsidies for low-emissions manufacturing. In a speech to the Centre for Independent Studies (CIS), Banks described the subsidies as a “fool’s errand” that would embed waste and lower the nation’s productivity: “Seeking to obtain benefits to

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