'Made in Australia' act aims to beef up manufacturing, clean energy

Prime Minister Albanese pushes renewable vision but questions over feasibility persist

20240411 Anthony Albanese

Australia Prime Minister Anthony Albanese wants to boost government support for domestic manufacturing and tap global demand for clean energy.  © Reuters

SHAUN TURTON, Nikkei staff writer

MELBOURNE -- The Australian government plans to introduce a "Future Made in Australia Act" to buttress support for domestic manufacturing and the transition to renewable energy, the country's leader announced on Thursday.

The proposed law would bring together existing subsidies and funds to support industry and cover new initiatives expected to be announced in next month's budget.

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