NZ’s subsidies of coal and rail are nothing like Australia’s

Tue, 24 Jun 2014

By Pam Graham June 24 (BusinessDesk) – Australian state governments spent A$17.6 billion on subsidies for mineral and fossil fuel industries over six years, including A$8 billion to help transport coal, according to a report. The Australia Institute says it’s the first time state subsidies have been added up and they are on top of Federal subsidies, estimated at A$4.5 billion in 2013. The report reveals the extent of Australian state government support for rail infrastructure for mining companies at a time when New Zealand is rebuildin...

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