A $15 billion (US$9.97 billion) manufacturing fund is at risk of stalling as the government works to shore up the support it needs for its signature investment vehicle to pass.
Negotiations continued deep into Monday, with the government working to get crossbenchers David Pocock and Tammy Tyrrell over the line.
The coalition is opposing the fund, saying it’s inflationary and poorly designed, but the Greens have signed on after assurances money will not go towards coal or gas projects or be used to directly finance the logging of native forests.
It leaves the fund in the hands of the crossbench, with two independents needed to pass the legislation in the Senate….