House debates

Thursday, 16 May 2024

Questions without Notice

Budget

2:25 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

But I'm asked about reaction. Well, here's what Bran Black of the Business Council of Australia had to say:

There are some helpful wins for business in this Budget, with BCA recommendations accepted including a new single front door to fast-track investment, a strong focus on skills and production tax credits for hydrogen and critical minerals projects.

He went on to say:

We called for an Australian response to the US Inflation Reduction Act, and a targeted investment allowance to support the net zero transition, which we have secured here.

And he continued:

The Government's commitment to reforming Australia's skills system is welcomed by business.

We are also pleased with the investments in growing the construction workforce …

The Minerals Council of Australia has come out and backed it. The Australian Retailers Association, the Australian Industry Group and the Housing Industry Association—all of these groups have come out and applauded our budget. Those opposite— (Time expired)

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