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Angus Taylor Unveils $31B Four-Year Spending Cuts Plan

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Story summary
  • Opposition Leader Angus Taylor announced a $31 billion four-year spending cut plan.
  • The plan proposes $9.4 billion in cuts to climate policies, including EV discounts and home-battery subsidies.
  • It also seeks $7.3 billion by ending subsidies for green aluminium, hydrogen and critical minerals.
  • It would bar non-citizens, including permanent residents, from NDIS and other welfare payments, saving $2 billion.
  • Finance Minister Katy Gallagher said the cuts ignore the budget’s current composition of spending.