Coal companies to reap billions more in taxpayer diesel subsidies as Labor approves new mining
Albanese government under pressure to wind back fuel tax credit scheme for multinational miners as analysis shows cost to budget Get our breaking news email , free app or daily news podcast Coal companies could receive an extra $6.2bn in taxpayer refunds for the diesel they use if the Albanese government greenlights just half the mine developments up for approval. The finding, in an analysis released by activist group Lock the Gate, comes as the government faces an internal campaign before next
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Treasury has forecast the diesel subsidy will cost $47bn over the next four years. Photograph: Jessica Hromas/The GuardianView image in fullscreenTreasury has forecast the diesel subsidy will cost $47bn over the next four years. Photograph: Jessica Hromas/The GuardianAustralian politicsCoal companies to reap billions more in taxpayer diesel subsidies as Labor approves new miningAlbanese government under pressure to wind back fuel tax credit scheme for multinational miners as analysis shows cost to budget Get our breaking news email, free app or daily news podcast Adam Morton and Dan Jervis-BardySun 21 Jun 2026 11.00 EDTLast modified on Sun 21 Jun 2026 11.02 EDTSharePrefer the Guardian on GoogleCoal companies could receive an extra $6.2bn in taxpayer refunds for the diesel they use if the…
Excerpt limited to ~120 words for fair-use compliance. The full article is at the Guardian.