Angela Stubbs’ Post

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Senior Project Officer - City Economy & Innovation at Kingston City Council

The Federal Government has announced $21 billion of new funding initiatives under the Future Made in Australia Act strategic framework. Federal Budget include: A new $7 billion critical minerals value-adding Production Tax Credit (PTC). $3.2 billion additional funding for ARENA technology commercialisation. A $6.7 billion hydrogen production tax incentive and $1.3 billion of additional hydrogen headstart funding. $209m into the Net Zero economy authority. $168m to prioritise approval decisions for renewable projects of national significance. $500m Battery Breakthrough Initiative. $14m to strengthen high-quality critical minerals benchmarks with trade partners. $179m in additional employment & skills supports for regions. $56m in Building Women’s Careers program. $91m to accelerate the development of the clean energy workforce and to expanding the New Energy Apprenticeship Program. $777m for strong First Nations workforce participation & development. This is Australia’s biggest investment, employment, and export opportunity in a century to reorient from our fossil fuel-reliant past.

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