Xenophon says party to oppose $1.3bn cut to Arena and suggests changes to allow agency to recoup some funds or take equity in projects it invests in
Nick Xenophon has revealed his party will oppose cuts to the Australian Renewable Energy Agency (Arena) and propose amendments to allow the agency to recoup some funds or take equity in projects it invests in.
The compromise comes after sustained Greens opposition and uncertainty within Labor over whether to accept the $1.3bn cut to Arena contained in the government’s omnibus savings bill.
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