AukusAustralia newsAustralian economyAustralian politicsBusinessCoalitionElectric vehiclesEnergyJim ChalmersLabor partyRenewable energy

There’s more than a whiff of politics to the sudden call to slash Labor’s green energy subsidies

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This story was selected and curated by our editorial team in the Aukus category. Published on November 9, 2026 • Originally reported by Patrick Commins. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

EVs and home batteries are in Treasury crosshairs despite a better economic case for scaling back nuclear-powered submarines and diesel fuel rebates for miners

As Jim Chalmers, the treasurer, comes under increasing pressure to fight inflation by slashing spending in the mid-year budget update, the drumbeat is loudest for cuts in one specific area: green energy subsidies for households.

Receiving the most focus is the cheaper home batteries program, which from July last year has offered a taxpayer-backed 30% rebate to households and businesses.

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