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Australia’s Coalition has proposed net overseas migration of 100,000 for two years, then 130,000 and 160,000. Angus Taylor says the package is budget neutral, but Coalition sources concede the PBO had not fully costed it before release; business and universities warn of economic damage.
AllegedThe Coalition’s first-year net migration target is expected to be around 100,000.
Andrew Bragg has floated options for using superannuation to support home ownership, including as mortgage collateral, an offset or a withdrawal to pay a mortgage or fund a first-home loan. Angus Taylor said no option has been adopted as Coalition policy.
The Coalition previously proposed allowing individuals to withdraw up to this amount for a first-home deposit.
AllegedThe Coalition said the policy would reduce the average tank of petrol by about AUD15.
Temporary migration places the Coalition policy proposes to cut over four years
Australia’s Coalition has announced an eight-point energy plan that would repeal or weaken several climate policies, cancel four of six offshore wind zones and seek to remove nuclear power restrictions if it wins government. It says a bill would follow within 30 days.
AllegedOffshore wind zones the Coalition would repeal