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The New Daily
The New Daily
Matthew Elmas

‘Breaking records’: Fossil fuels to reap $57.1 billion from Australian taxpayers

Australia Rod Campbell Australia Institute
10 News First – Disclaimer

The value of subsidies and tax breaks for fossil fuel companies across Australia will reach a record $57.1billion in the next four years.

A new report by the Australia Institute found subsidies for fossil fuel giants in federal and state budgets will soon cost taxpayers 14 times more than the Disaster Ready Fund.

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