This proposal consists of three components.  

Component 1: Invest $500 million in waste avoidance and resource recovery initiatives  

This component would increase the Clean Energy Finance Corporation’s (CEFC) credit facility by an additional $500 million to invest in waste avoidance and resource recovery initiatives.  The additional funds would be rolled out in line with previous CEFC lending arrangements.

Component 2: Establish a plastics co‐operative research centre in Hobart

This proposal consists of three components.  

Component 1: Invest $500 million in waste avoidance and resource recovery initiatives  

This component would increase the Clean Energy Finance Corporation’s (CEFC) credit facility by an additional $500 million to invest in waste avoidance and resource recovery initiatives.  The additional funds would be rolled out in line with previous CEFC lending arrangements.

Component 2: Establish a plastics co‐operative research centre in Hobart

This proposal has two components related to environmental protection.

Component 1: Reef funding

This component would return to the Commonwealth Government all uncontracted funding, including that committed but not yet contracted, from the $443.4 million grant provided to the Great Barrier Reef Foundation in 2017‐18.  The returned funding would be expensed by 30 June 2024 on the following activities.

This proposal has two components related to environmental protection.

Component 1: Reef funding

This component would return to the Commonwealth Government all uncontracted funding, including that committed but not yet contracted, from the $443.4 million grant provided to the Great Barrier Reef Foundation in 2017‐18.  The returned funding would be expensed by 30 June 2024 on the following activities.

This proposal has two components related to environmental protection.

Component 1: Reef funding

This component would return to the Commonwealth Government all uncontracted funding, including that committed but not yet contracted, from the $443.4 million grant provided to the Great Barrier Reef Foundation in 2017‐18.  The returned funding would be expensed by 30 June 2024 on the following activities.

This proposal has two components related to environmental protection.

Component 1: Reef funding

This component would return to the Commonwealth Government all uncontracted funding, including that committed but not yet contracted, from the $443.4 million grant provided to the Great Barrier Reef Foundation in 2017‐18.  The returned funding would be expensed by 30 June 2024 on the following activities.

The proposal has four componentsto increase expenditure to support Australian science, research and innovation.

Component 1 – Establish an additional non-refundable tax offset of 20per centfor companies that hire science, technology, engineering and mathematics(STEM) PhD students or equivalent graduates in their first three years of employment.

Component 2 – Restore the Sustainable Research Excellence grants program, which ceased in December 2016.

The proposal has four componentsto increase expenditure to support Australian science, research and innovation.

Component 1 – Establish an additional non-refundable tax offset of 20per centfor companies that hire science, technology, engineering and mathematics(STEM) PhD students or equivalent graduates in their first three years of employment.

Component 2 – Restore the Sustainable Research Excellence grants program, which ceased in December 2016.

The proposal is to include a collaboration premium of an additional 10 per cent in the calculation of research and development (R&D) tax offsets. This premium rate would be applied to expenditures for R&D undertaken in collaboration with public universities or Commonwealth Government‐funded research organisations (such as the Commonwealth Scientific and Industrial Research Organisation), and to the costs of employing new science, technology, engineering and mathematics (STEM) PhD or equivalent graduates in their first three years of employment to conduct R&D.

This proposal would establish a $15 billion green industry and manufacturing bank (the bank) to support manufacturing, innovation, industrial decarbonisation and re/localisation of supply chains.

It would have a similar structure to the existing Clean Energy Finance Corporation (CEFC) in terms of the Australian Government balance sheet and provide direct grants, equity investment, financing and concessional loan options depending on the corporate structure of applicants.