This was an aspect of the budget handed down by Treasurer Jim Chalmers, who said that the 2.5% annual increases would end up costing $8.6 billion over 10 years from 2027 and 2028.
PNG's leading resources sector news service
Subscribe today and enjoy full access to PNGReport.com - the most comprehensive source of news on PNG's resources sector and related industries in the country and wider region.