Company says it could close the plant in March 2029 – six years earlier than expected. Follow today’s news live • Get our breaking news email, free app or daily news podcast

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Clare O’Neil notes Treasury has advised the government scheme will push up home prices by 0.5% over six years.

Guardian Australia’s Luca Ittimani wrote an explainer on the new plan, and experts’ concerns with that estimate, below:

They’ve spent the last three years trying to slow our government down and stop us from providing supports to Australians who are struggling. Now, I say out of touch because if you think, firstly, that billionaires’ children are going to be using this scheme, then you haven’t looked very hard at it.

We’ve got probably people li

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