Submission to Senate Economics Legislation Committee inquiry into Future Made in Australia

Increase support for the development of new, pre-commercial technologies: The Centre for Policy Development (CPD) Future Made in Australia support should welcomes the opportunity to make a focus on both the development of new submission to the Senate Economics technologies and the scaling up of Legislation Committee Inquiry into the Future nascent markets through facilitation of Made in Australia. [...] Support should only be Government’s Future Made in Australia available for activities in the Green agenda, particularly the use of a National category, or classified as “decarbonise” Interest Framework to better align economic or “substitute/replace” in the Transition incentives with national interests and the category of the taxonomy. [...] Recommendation 1: Increase support for the development of new, pre-commercial 1) Bill 2024 technologies Amendments relating to the Future Made in Australia support should be Australian Renewable Energy Agency available across the innovation ecosystem, CPD strongly supports the decision to expand and this should be explicitly stated in the Bill. [...] We suggest stating this should be applied in identifying priority explicitly to ensure the identification of sectors to ensure government support is priority industries and projects takes into used in the most efficient and effective way, account market maturity and only directs and supports the long-term interests of the support to the areas where it is most needed. [...] The that LNG exporters make the equivalent of at National Interest Framework establishes least 15% of exports available to consumers clear guidelines for the identification of in WA; contrastingly, the lack of such a policy projects where the Government should has contributed to severe constraints on gas intervene to attract private investment; the supply on the east coast of Australia.11 communit.