In his budget reply on Thursday night, Dutton tapped into the electorally emotive issues of housing and immigration with the new measures he put forward.
If we’re going to prime a future-ready Australia, we need more research and development funding, and a diverse, highly skilled workforce. Are this year’s commitments in the right places?
The new strategy sees gas as crucial to the new Future Made in Australia policy, which includes support for manufacturing and refining critical minerals.
The Albanese government will invest $566 million over a decade on data, maps and other tools to promote exploration and development in Australia’s resource industry.
The treasury will be given more resources to scrutinise investment proposals. In a speech, Treasurer Jim Chalmers will outline the guardrails around the new Future Made in Australia Act.
Two major critical minerals projects in Queensland and South Australia will receive $400 million in federal government loans to to deliver Australia’s first high-purity alumina processing facility.
Treasurer Jim Chalmers has flagged substantial public investment likely including tax breaks and other incentives in next month’s budget to encourage industry.
Albanese has released two stances on vastly different issues, one of which is a shift in industry policy and the other in the government response to the conflict in Gaza the past week, as he sets himself up for the budget.