As the global race for renewables ramps up, Prime Minister Anthony Albanese has unveiled an ambitious new scheme that he says would better harness Australia's natural advantages.
The Prime Minister says his proposed Future Made in Australia Act will seek to revitalise local manufacturing as well as increase control over the nation's resources and critical minerals. "Obviously, Australia cannot go dollar for dollar with the United States’ Inflation Reduction Act. But this is not an auction – it’s a competition. Part of the objective here is about Australia presenting potential investors with a clear path to investing in Australia. In Queensland, in hydrogen, in green metals and in advanced manufacturing"
Meanwhile, President Joe Biden says he's considering a request from Australia to drop efforts to prosecute Wikileaks founder Julian Assange in a brief exchange with reporters.
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