House debates

Thursday, 14 May 2026

Questions without Notice

Renewable Energy

3:25 pm

Photo of Nicolette BoeleNicolette Boele (Bradfield, Independent) Share this | Hansard source

My question is to the Treasurer. The budget confirms retrospective changes to the capital gains tax for international investors in clean energy. This may give rise to sovereign risk, given three-quarters of all clean energy investment is international. Offering a discount on sales in the next four years will cause a fire sale of renewable assets and then a chilling of investment after 2030. Why is the government rushing to increase taxes on renewables instead of gas on exports, and what modelling has Treasury done on expected impacts to clean energy investment?

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