Shadow treasurer Angus Taylor has hit out at Labor's regulatory framework as stunting Australia's economic processes, particularly in the energy industry, as the Coalition touts a cheaper pathway in its nuclear power costings.
Shadow treasurer Angus Taylor has hit out at Labor 's regulatory framework as stunting Australia 's economic processes, particularly in the energy industry, as the Coalition touts a cheaper pathway in its nuclear power costings.
Mr Taylor said the Labor Party had regulated the resources industry"out of existence", adding it was"impossible" to get a tick of approval for projects in multiple sectors such as energy and housing. Asked if the modelling suggested a"massive shrinking" of the economy, Mr Taylor said the"only people who know how to shrink this economy is the Labor Party".
"Not at any time in the past. Not the recession we had to had under under Paul Keating, not the Gough Whitlam economic disaster. This is worse than all of those situations and so I won't take lectures on the economy from the Labor Party."Opposition Leader Peter Dutton announced details of his ambitions for Australia’s energy future, including 38 per cent of the nation's power to come from nuclear energy by 2050.
Angus Taylor Liberal Jim Chalmers Politics Sky News Australia Labor
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Sack-and-stack’: Chalmers and Taylor clash over RBA appointmentsTreasurer Jim Chalmers and shadow treasurer Angus Taylor have locked horns over the appointment process for the Reserve Bank of Australia (RBA) board.
Read more »
Steven Angus inquest told police are grappling with 'suicide by cop' casesOfficers say they had no choice but to shoot when veteran Steven Angus, 52, charged at them while holding two knives at a Townsville house in 2023.
Read more »
Veteran urged police to 'put him to sleep' before shooting death, inquest toldQueensland police tell an inquest into the death of Steven Angus, 52, that 'lethal force' was the only option when Mr Angus confronted them with knives.
Read more »
‘Total oppression’: West Bank children being killed at unprecedented rateHuge rise in attacks by Israeli settlers and soldiers killed 171 children in year after 7 October
Read more »
UK expected to give Ukraine Storm Shadow missiles to strike inside RussiaMove follows US president Joe Biden’s agreement to supply similar American long range Atacms weapon
Read more »
Shadow minister claims Labor’s energy policies will leave Australia ‘poor, weak and dependent’Shadow climate change and energy minister Ted O’Brien has claimed Labor’s approach to energy policy is going to leave Australia “poor, weak and dependent on foreign powers”.
Read more »