Building a Future Made in Australia

The Australian Government is making and guiding investments that:

  • sustain and build long term industrial capability in Australia

  • support the energy system’s path to emissions reduction.

It is using government funding to attract private sector investment and aligning existing programs to the Future Made in Australia agenda. This means that government and the private sector are working together to drive investment in priority sectors.

Priority sectors include: 

  • renewable hydrogen
  • critical minerals processing
  • green metals
  • low carbon liquid fuels 
  • clean energy manufacturing, such as solar and batteries projects
  • forestry.

Policy goals include:

  • supporting secure, well-paid jobs
  • providing the enabling environment for businesses to grow and thrive
  • building and strengthening a more diversified and resilient economy powered by clean energy
  • ensuring investment delivers benefits to communities now and into the future.

Guiding legislation and principles

The Future Made in Australia Act 2024 establishes a robust, targeted and strategic approach to significant public investment that unlocks private investment at scale in the national interest. 

The Act covers:

  • Future Made in Australia support provided by government. The Minister for Industry and Innovation can make rules prescribing additional programs or initiatives as Future Made in Australia support.
  • Community Benefit Principles. These guide decisions on significant public investment in the national interest. Projects that apply for and receive Future Made in Australia support must show how they will apply the principles by submitting Future Made in Australia Plans.
  • The National Interest Framework and sector assessment process.

Delivering the agenda

Our department works with agencies, programs and investment arms to deliver the agenda. 

Our department:

  • coordinates the Future Made in Australia agenda across government
  • administers the Act (excluding Part 2 and section 13), Community Benefit Principles and Future Made in Australia Plans
  • leads delivery on green metals, critical minerals and some clean energy technologies.

The Department of the Treasury:

  • is responsible for Part 2 and section 13 of the Act, the National Interest Framework and sector assessment process.

Future Made in Australia support

Under the Act, Future Made in Australia support currently includes 2 programs.

Making and guiding investments

These government agencies, programs and investment arms are working together to unlock private capital at scale and deliver a Future Made in Australia.

  • Net Zero Economy Authority

    This authority is harnessing investment and creating jobs in Australia’s industrial regions as they diversify and transition. 
  • Investor Front Door

    Our Investor Front Door is the single point of entry for projects in the national interest seeking regulatory and public financing support.
  • National Reconstruction Fund

    This $15 billion fund is increasing flows of finance into the Australian economy through targeted investment in manufacturing businesses across 8 priority areas.

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