Tag: Budget 2024

Defence to wear new APS contractor cuts

Posted on   |  by Justin Hendry
The Defence department will need to find more than $270 million in savings over the next four years as part of the Albanese government’s extended purge of contractors and...

A future built on politics: Prospect theory vs mission economy

Posted on   |  by Sandy Plunkett
For all the pre-budget Future Made in Australia hype; all the predictions that federal Labor would deliver a bold state-led ‘mission economy’ reindustrialisation agenda of the type evangelised by...

Future fight for Made in Australia billions

Posted on   |  by Joseph Brookes
The Opposition will try and block an Albanese government plan to provide almost $14 billion in tax credits to Australia’s green hydrogen and critical minerals industries because taxpayers should...

Govt to lure global talent with new innovation visa

Posted on   |  by Justin Hendry
A new visa scheme targeting entrepreneurs, investors and global researchers working in areas of national importance will be introduced by the Albanese government before the end of this year...

Australia’s future made with critical minerals and hydrogen

Posted on   |  by Joseph Brookes
The Future Made in Australia agenda includes $22.7 billion in tax incentives and innovation investments, with the Albanese government on Tuesday confirming it will break with decades of economic...

Canberra loans California’s PsiQuantum at least $200m

Posted on   |  by Justin Hendry
PsiQuantum has been loaned at least $200 million by the Albanese government to stage its attempts to build the world’s first commercial quantum computer in Brisbane, Budget documents reveal....

Budget jackpot for myGov, aged care tech

Posted on   |  by Justin Hendry
myGov will receive a $630 million cash injection from the Albanese government over the next four years and ongoing funding of $145 million a year from 2027 in recognition...