Australia: Government announces AUD 22.1 billion Future Made in Australia Plan

Announcement

14 May 2024

On 14 May 2024, the Australian government announced the AUD 22.1 billion made-in-Australia plan.

Source

Number of interventions

0 certainly harmful

4 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 14 May 2024

State aid, unspecified

On 14 May 2024, the Australian authorities announced future funding worth AUD 165.7 million (approx. USD 109.7 million) to assist firms in the development of commodities in line with the Sovereign Def...

Updated: 14 May 2024

Tax or social insurance relief

On 14 May 2024, the Australian authorities announced future funding worth AUD 7 billion (approx. USD 4.6 billion) to implement the Critical Minerals Production Tax Incentive as part of the AUD 22.1 bi...

Updated: 14 May 2024

State aid, unspecified

On 14 May 2024, the Australian authorities announced future funding worth AUD 15.4 million (approx. USD 10.2 million) to support the development of green metals production. The funding has been announ...

Updated: 14 May 2024

Production subsidy

On 14 May 2024, the Australian authorities announced future funding worth AUD 6.7 billion (approx. USD 4.4 billion) to implement the Hydrogen Production Tax Incentive as part of the AUD 22.1 billion F...