Tag: Federal Budget

The Australian Government has launched the $523.2 million Battery Breakthrough Initiative as part of its 2024-2025 Federal Budget, aimed at advancing battery manufacturing capabilities in the country. 

The Australian Renewable Energy Agency (ARENA) has received record funding of $7.1 billion and unveiled new budget programs in the 2024-25 Federal Budget.

Immediate and sustained investment in Australian science and innovation is deemed essential by the Australian Academy of Technological Sciences and Engineering (ATSE), as highlighted in their response to the Federal Budget.

Engineers Australia CEO Romilly Madew has responded to the 2024 Federal Budget with cautious optimism, viewing it as a potential roadmap for a more intelligent and environmentally friendly Australia.

RSM Australia's National Leader for Manufacturing Services, Jessica Olivier, has provided commentary on the recent budget, noting a significant focus on critical minerals, clean energy, and green technologies over the broader manufacturing sector.

The Budget 2024-25 is placing a significant emphasis on revitalising and modernising Australia's manufacturing sector through the substantial investment in skills and training to support the Future Made in Australia industries.

Australia's oil and gas sector is urging the government to prioritise unlocking new gas supplies in the upcoming Federal Budget to avert projected shortages, ease cost-of-living pressures, and secure economic and emissions reduction benefits from abundant natural gas resources.

The Australian Academy of Technological Sciences and Engineering (ATSE) is calling on the Australian Government to substantially increase research and development (R&D) funding in...

The Australian Renewable Energy Agency (ARENA) has launched the first funding round of the $400 million Industrial Transformation Stream (ITS) to boost decarbonisation efforts at existing industrial facilities in regional Australia. 

The McGowan Government has allocated $2.3 billion towards new battery energy storage systems in the 2023-24 budget, including a second, larger system at the Kwinana site, after the government announced the first large-scale battery storage system is ready to charge and discharge energy into the grid.