Business condemns Turnbull's shift on emissions and 'extreme intervention'

Super funds and business lobby groups criticise ‘ad hoc’ changes for destroying certainty

Australia’s superannuation funds and business groups have reacted angrily to Malcolm Turnbull’s decision to dump emissions reduction targets from his national energy guarantee.

The Business Council of Australia (BCA), the Australian Chamber of Commerce and Industry, and the Australian Industry Group, all censured the government on Monday, saying the move had destroyed any sense of policy certainty.

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from The Guardian https://ift.tt/2ONodr6
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