Senate committee backs $14b Future Made tax credit plan


A Senate committee has given the green light to the federal government’s plan to direct billions of dollars in tax credits towards the production of green hydrogen and critical minerals.

The centrepiece of the Future Made in Australia plan was cleared by the Labor-led Economics Legislation Committee on Friday, paving the way for the bill’s passage through the Senate as soon as next week.

The Australian Greens have signaled it …

Want to know how this story ends?

Become a subscriber for complete access to all stories on InnovationAus.com and our daily newsletter.

Already a member? Log in here

Do you know more? Contact James Riley via Email.

Related stories