Jul 2, 2026 – 6.50pmBusiness and renewables groups have criticised new laws that will increase taxes on foreign investment in major infrastructure assets, claiming they will undermine the Albanese government’s efforts to boost sluggish investment in Australia’s energy transition.The laws, which were introduced to the parliament on Thursday, will broaden the 30 per cent capital gains tax on foreign investors to include mining, energy and infrastructure assets – including existing investments made under the previous tax regime.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles