Industry to face ‘strict tests’ for public funding to incentivise green energy, Jim Chalmers says

Treasurer offers more detail on forthcoming Future Made in Australia plan after concerns raised by productivity commissioner

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Tax breaks and subsidies may be offered to industry as part of the government’s yet-to-be-detailed Future Made in Australia plan – but Jim Chalmers says there will be “strict tests” on public funding for the green energy strategy.

The treasurer says there must be “generational change” in Australia to match similar major green economy programs being undertaken by other nations including the US.

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