Future Made in Australia 2024

# Future Made in Australia Bill 2024 ## What it does The government is setting up a formal framework to decide which industries and sectors deserve public investment to attract private companies. It creates a "National Interest Framework" that assesses which areas (like clean energy, manufacturing, or critical resources) align with Australia's economic goals and can create secure jobs. ## Why it matters As the world shifts toward renewable energy and supply chains become less reliable, Australia risks being left behind if we don't act strategically. This bill lets the government back winners—industries where we have real advantages—which should attract private investment and create better-paid jobs while reducing emissions. ## Key details - The government must assess sectors based on their ability to reduce emissions efficiently, give Australia a competitive edge globally, and strengthen our economic security domestically - Any public investment must follow "community benefit principles"—meaning projects should deliver real benefits to Australian workers and communities, not just corporate profits - The Treasury Secretary can delegate powers and the government must report annually on what's being invested and why

🔒 Voting closed — this bill has been decided by parliament