Australia plans to spend $15bn on green investments over 10 years

Canberra focuses spending on energy transition, inflation as election looms

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Australia's government is hoping to benefit from the global green energy transition. © Reuters

SHAUN TURTON, Nikkei staff writer

CANBERRA -- Australia plans to spend at least $22.7 billion Australian dollars ($15 billion) over the next decade to make the country an "indispensable" part of the global economy as it transitions to net zero, Treasurer Jim Chalmers announced Tuesday.

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