ABC News – Top stories ·general ·1 hour ago

Warnings of power price rises, missed renewable targets under proposed tax

Proposed changes to Australia's capital gains tax for foreign investors could raise power prices and jeopardize renewable energy targets. Clean Energy Investors Group chief executive Richie Merzian warns households may face an additional $100 annually as costs rise. Submissions on the legislation close April 24, amid concerns over its impact on future investments in the renewables sector.

Summary by Glance · ABC News – Top stories

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