Powering past coal and gas – Australia as a green-export superpower

Summary of proposal

The proposal would start sector assessments under the Future Made in Australia (FMIA) program immediately and set the priority sectors based on areas where there are global shortages of key components for decarbonisation, including:

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Climate change and energy - rebuild Australia’s car manufacturing industry

Summary of proposal

The proposal would provide an additional $1.2 billion to the National Reconstruction Fund (NRF) to attract new manufacturers of electric vehicles and components of the electric vehicle supply chain.

The proposal would be non-ongoing, distribute funding evenly over 3 years and start on 1 July 2026.

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Climate change and energy - rebuild Australia’s car manufacturing industry

Summary of proposal

The proposal would provide an additional $1.2 billion to the National Reconstruction Fund (NRF) to attract new manufacturers of electric vehicles and components of the electric vehicle supply chain.

The proposal would be non-ongoing, distribute funding evenly over 3 years and start on 1 July 2026.

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Climate change and energy - rebuild Australia’s car manufacturing industry

Summary of proposal

The proposal would provide an additional $1.2 billion to the National Reconstruction Fund (NRF) to attract new manufacturers of electric vehicles and components of the electric vehicle supply chain.

The proposal would be non-ongoing, distribute funding evenly over 3 years and start on 1 July 2026.

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Reallocate $4 billion to domestic defence production capabilities

Summary of proposal

The proposal would provide $4 billion over 4 years towards domestic production capabilities of defence material strictly for defensive purposes.

The proposal would be non-ongoing, distribute funding evenly over 4 years, and start on 1 July 2025.

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Reallocate $4 billion to domestic defence production capabilities

Summary of proposal

The proposal would provide $4 billion over 4 years towards domestic production capabilities of defence material strictly for defensive purposes.

The proposal would be non-ongoing, distribute funding evenly over 4 years, and start on 1 July 2025.

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Securing the value of our resources – End fossil fuel subsidies

Summary of proposal

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

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Securing the value of our resources – End fossil fuel subsidies

Summary of proposal

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

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Securing the value of our resources – End fossil fuel subsidies

Summary of proposal

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

Read more

Securing the value of our resources – End fossil fuel subsidies

Summary of proposal

The proposal has four components.

Component 1 – Abolish the fuel tax credit for all industries except agricultural businesses.

Component 2 – Abolish accelerated asset depreciation for aircraft, the oil and gas industry, and motor vehicles (except for those used for agricultural purposes).

Component 3 – Abolish the immediate deduction for exploration and prospecting expenses for the mining industry, including the Mining Exploration Development Incentive.

Read more