BUDGET: PROMISING DOWNPAYMENT ON AUSTRALIA’S CLEANTECH FUTURE
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KEY BUDGET HIGHLIGHTS: The Federal Government has announced $21.0bn of new funding initiatives under the Future Made in Australia Act strategic framework ($22.7bn including the $1bn Solar SunShot and $466m PsiQuantum funding), as part of Treasurer Jim Chalmers’ 2024-2025 Federal Budget. Key initiatives include: A new $7bn Critical Minerals value-adding Production Tax Credit (PTC) $3.2bn … Continued