Jim Chalmers. Source: AAP Image/Jono Searle
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A “new generation of prosperity” will be unlocked with a plan to boost investment in renewable energy and critical minerals being brought to parliament.
The federal government will introduce laws for its signature Future Made in Australia policy on Wednesday.
The strategy, which will spend more than $22 billion over 10 years, will look to safeguard Australia’s control over its resources and revive the country’s manufacturing base.
It will also seek to invest in emerging industries in the renewable energy sector as the global economy shifts towards net-zero emissions.
Treasurer Jim Chalmers said the proposal would make the most of Australia’s potential in the years ahead.
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