Chalmers says ‘big’ investment in subsidy plan won’t push up inflation

Washington | Treasurer Jim Chalmers has said the government is considering “substantial” investments in the proposed Future Made in Australia green subsidy policy, which critics say risks entrenching subsidy-dependent industries.

Speaking on the sidelines of IMF and World Bank meetings in Washington overnight, Dr Chalmers said the investments being considered for the new industrial policy were “big”, but would not add to inflation pressures.