Could Australia Create an Inflation Reduction Act?
TL/DR –
Australia’s mining and downstream processing industries are advocating for increased subsidies and governmental support. The suggestion of an Individual Retirement Account (IRA)-style tax credit is proposed as a potential solution. The document does not provide further information on the function or feasibility of this proposed tax credit.
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Australia’s Mining Industry Seeks More Subsidies and Support
Kemerton lithium hydroxide processing plant. Image: Albemarle.
Australia’s mining and downstream processing sectors are urging for increased subsidies and government aid. Could an IRA-style tax credit be the answer?
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