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Explained in plain English

Will my taxes change?

This change doesn't directly alter your tax bill. However, by making it easier to approve large infrastructure projects like new transport links or housing developments, it could indirectly affect how public money is spent. More projects might mean more government borrowing or a reallocation of existing funds in the long term.

Stories that explain this

Treasury lowers public spending discount rate to help long-term infrastructure projects

Related explainers

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