Tag: Inflation Reduction Act

Inflation Reduction Act copy a ‘road to ruin’ for Australia

Posted on   |  by Joseph Brookes
Experts have urged the Albanese government to not mimic the United States’ $600 billion “protectionist” Inflation Reduction Act and instead focus on industry support that will allow Australia to...

IRA is the economic engine Australia needs: Forrest

Posted on   |  by James Riley
The Albanese government should consider a tax credit scheme that apes the US Inflation Reduction Act to drive investment in developing renewables to accelerate the energy transition, Fortescue chair...

PM: ‘We can go toe-to-toe’ with Inflation Reduction Act

Posted on   |  by Joseph Brookes
The Albanese government’s response to global industrial competition like the US Inflation Reduction Act looks set to include a new multi-billion-dollar package of subsidies and co-investment for renewables an...

Govt still drafting response to US green policy

Posted on   |  by Joseph Brookes
A taskforce of top officials from the Treasury, Energy and Environment, and Industry portfolios have spent most of the last year preparing a plan to make the Albanese government’s...

Energy and skills top industry list of concerns: Sussan Ley

Posted on   |  by James Riley
Energy price uncertainty and skills shortages top the list of concerns for Australian industry, according to deputy Opposition leader and shadow Industry minister Sussan Ley. She says local industry had...

Global push-back on Net Zero demands an industrial rethink

Posted on   |  by Sandy Plunkett
When Australian Greens Leader, Adam Bandt raved last week about the US administration’s $1.5 trillion Inflation Reduction Act subsidy largesse for America’s green energy reindustrialisation, he again called for...

Beyond the NRF: The nation’s search for industry policy

Posted on   |  by James Riley
Back in August, just after the announcement of the National Reconstruction Fund Board, Industry and Science minister Ed Husic reminded us that “policy is shaped by the times it...

Govt to unveil more industrial policy in response to US push

Posted on   |  by Joseph Brookes
The Albanese government will unveil further industrial policy measures within months in response to America’s large-scale subsidies for strategic industries, Assistant Minister for Manufacturing Tim Ayres said on Tuesday....