This bill became law on Feb 14th, 2025.
Budget, tax & economy
Australia now offers eligible hydrogen producers a refundable tax offsetA tax credit that can reduce a tax bill and, if the credit is bigger than the tax owed, pay the difference back in cash. of $2 for each whole kilogram made between 1 July 2027 and 30 June 2040, though later rules can cut the payment.
Australia lacked targeted tax incentives for domestic hydrogen and deeper critical minerals processing, and Indigenous Business AustraliaA government body that lends and invests to support First Nations people, communities and businesses.’s borrowing limits constrained investment. The bill creates refundable production tax offsets for eligible hydrogen and critical minerals projects and expands Indigenous Business AustraliaA government body that lends and invests to support First Nations people, communities and businesses.’s borrowing powers to raise more capital.
Australia had no targeted production tax incentives for renewable hydrogen or deeper onshore critical minerals processing, and Indigenous Business AustraliaA government body that lends and invests to support First Nations people, communities and businesses.’s existing borrowing limits restricted how much capital it could deploy. The Albanese government responded by packaging new refundable tax offsets and wider borrowing powers into its Future Made in Australia agendaThe government’s policy package for backing new industries such as hydrogen and critical minerals processing in Australia., then secured the bill through Parliament in February 2025 so those incentives and financing changes could be put into law.
The main case against the bill was that it sets up a long-running, taxpayer-funded subsidy scheme that picks winners, adds red tape and leaves too much to ministers and regulators instead of improving economy-wide conditions for investment. That criticism was raised mainly by Coalition speakers, with One Nation making a broader attack, while the Greens' concerns were mostly about wider climate policy rather than opposing the bill itself.
Jim Chalmers MP introduced this bill. It passed with support from Labor, Greens, Centre Alliance, some crossbench members; opposed by Liberal Party, Nationals, some crossbench members.
Did it become law?
Yes
Became law 14 Feb 2025
Final passage
Recorded final vote
1 counted final-passage vote was recorded.
Passage speed
81 days
From introduction to the latest recorded parliamentary step
Meaning
Australia now offers eligible hydrogen producers a refundable tax offsetA tax credit that can reduce a tax bill and, if the credit is bigger than the tax owed, pay the difference back in cash. of $2 for each whole kilogram made between 1 July 2027 and 30 June 2040, though later rules can cut the payment.
Hydrogen producers can only claim the tax offset if the hydrogen comes from an Australian facility with a Clean Energy RegulatorThe agency that certifies whether a hydrogen production profile meets the rules needed to claim the hydrogen credit.-certified production profileThe certified record that shows how a hydrogen facility produces fuel and whether it meets the scheme’s requirements. and a claim periodThe period over which a project can claim the tax offset, which is capped at 10 years here. that lasts no more than 10 years.
Australia now offers critical minerals processors a refundable tax offsetA tax credit that can reduce a tax bill and, if the credit is bigger than the tax owed, pay the difference back in cash. worth 10 per cent of eligible spending, usually for up to 10 years between 1 July 2027 and 30 June 2040.
The critical minerals tax offset is aimed at onshore refining and other deeper processing in Australia, not basic mining or simple ore cleaning.
Indigenous Business AustraliaA government body that lends and invests to support First Nations people, communities and businesses. gets wider borrowing powers so it can raise more capital and invest more in First Nations people, communities and businesses.
The amount of the tax offset is $2 per whole kilogram of hydrogen (though this may be reduced in certain circumstances).Future Made in Australia (Production Tax Credits and Other Measures) Act 2025 final Act text
Another requirement is that the facility at which the hydrogen is produced, and the production pathway for the hydrogen, must be specified in a production profile that is certified by the Clean Energy Regulator under this Division. The hydrogen must also have been produced during a particular period (which is called an offset period, and which cannot be longer than 10 years) that is associated with production at the facility in accordance with the production pathway.Future Made in Australia (Production Tax Credits and Other Measures) Act 2025 final Act text
However, the CMPTI tax offset is only available in relation to a particular processing activity for a period of up to 10 income years during the period starting on 1 July 2027 and ending on 30 June 2040.[Schedule 2, item 1, section 419-1, paragraph 419-5(1)(b) and section 419-10 of the ITAA 1997]Future Made in Australia (Production Tax Credits and Other Measures) explanatory memorandum
Certain activities, including mining activities and, beneficiation are excluded from being CMPTI processing activities. The regulations may prescribe further exclusions.Future Made in Australia (Production Tax Credits and Other Measures) explanatory memorandum
This reflects the government’s intention, as stated in the 2024-25 Budget Papers, to enhance IBA’s ability to leverage their capital to invest in First Nations communities and businesses. The amendments reform IBA’s borrowing powers to enable greater investment in First Nations individuals, communities and businesses, driving First Nations economic self-determination.Future Made in Australia (Production Tax Credits and Other Measures) explanatory memorandum
Context
Australia had no targeted production tax incentives for renewable hydrogen or deeper onshore critical minerals processing, and Indigenous Business AustraliaA government body that lends and invests to support First Nations people, communities and businesses.’s existing borrowing limits restricted how much capital it could deploy. The Albanese government responded by packaging new refundable tax offsets and wider borrowing powers into its Future Made in Australia agendaThe government’s policy package for backing new industries such as hydrogen and critical minerals processing in Australia., then secured the bill through Parliament in February 2025 so those incentives and financing changes could be put into law.
Government introduces Future Made in Australia tax credits bill
The government presented the bill as a major step in its Future Made in Australia agendaThe government’s policy package for backing new industries such as hydrogen and critical minerals processing in Australia. to back renewable hydrogen, critical minerals processing and expanded Indigenous Business AustraliaA government body that lends and invests to support First Nations people, communities and businesses. investment capacity.
Hansard ↗House passes the bill
The bill cleared the House, moving the proposed hydrogen and critical minerals tax incentives and Indigenous Business AustraliaA government body that lends and invests to support First Nations people, communities and businesses. borrowing changes to the Senate.
Parliamentary timeline ↗Senate debate sharpens the fight over industry subsidies
Senators argued over whether the bill would attract investment into hydrogen and minerals processing or leave taxpayers underwriting businesses for too long.
Hansard ↗Senate passes the bill with Greens amendments
The Senate agreed to the bill after committee changes, allowing the package to return to the House in an amended form.
Parliamentary timeline ↗Parliament passes the bill
The House agreed to the Senate amendments and both chambers settled the bill in the same form, completing its parliamentary passage.
Parliamentary timeline ↗Royal AssentThe final step that turns the bill into an Act after Parliament has passed it. makes the package law
Royal AssentThe final step that turns the bill into an Act after Parliament has passed it. turned the bill into an Act, locking in the legal basis for the new production tax offsets and Indigenous Business AustraliaA government body that lends and invests to support First Nations people, communities and businesses. borrowing expansion.
Parliamentary timeline ↗Legislative route
The bill was formally presented to the chamber and read a first time, which starts its parliamentary journey.
Introduced and read a first time
A minister or sponsoring member moved the second reading, opening the main debate on the bill's purpose and principles.
Second reading moved
The bill reached this recorded parliamentary step.
The bill reached this recorded parliamentary step.
Recorded vote: 86 to 50.
The chamber agreed to the bill at second reading, meaning it accepted the bill in principle and allowed it to continue.
Second reading agreed to
The chamber agreed to the bill at third reading, which completed passage through that chamber. Later message exchanges with the other chamber were still recorded afterwards.
Third reading agreed to
Referred to Committee (28/11/2024): Senate Economics Legislation Committee; Committee report (31/01/2025)
Referred to committee
APH bill page notesThe bill was formally presented to the chamber and read a first time, which starts its parliamentary journey.
Introduced and read a first time
A minister or sponsoring member moved the second reading, opening the main debate on the bill's purpose and principles.
Second reading moved
The bill reached this recorded parliamentary step.
Considered by scrutiny committee (05/02/2025): Senate Standing Committee for the Scrutiny of Bills; Scrutiny Digest 1 of 2025
Considered by scrutiny committee
APH bill page notesThe bill reached this recorded parliamentary step.
The bill reached this recorded parliamentary step.
Recorded vote: 33 to 27.
The chamber agreed to the bill at second reading, meaning it accepted the bill in principle and allowed it to continue.
Second reading agreed to
The chamber considered amendments before the bill moved to the next stage.
Committee of the Whole debate
Recorded vote: 34 to 28.
The chamber agreed to the bill at third reading, which completed passage through that chamber.
Third reading agreed to
The bill reached this recorded parliamentary step.
The House dealt with Senate amendments or requests so both chambers could settle the bill in the same form.
Consideration of Senate message
Both houses passed the bill in the same form, completing parliamentary passage.
Finally passed both Houses
The Governor-General gave Royal AssentThe final step that turns the bill into an Act after Parliament has passed it., turning the bill into an Act.
Key criticism
The main case against the bill was that it sets up a long-running, taxpayer-funded subsidy scheme that picks winners, adds red tape and leaves too much to ministers and regulators instead of improving economy-wide conditions for investment. That criticism was raised mainly by Coalition speakers, with One Nation making a broader attack, while the Greens' concerns were mostly about wider climate policy rather than opposing the bill itself.
Criticism was real but concentrated in conservative opposition arguments about cost, market distortion and compliance burdens.
Costly subsidy scheme that picks winners
Critics argued the bill locks in taxpayer support for selected hydrogen and critical minerals projects for years, backing businesses the market may not support and favouring one part of the economy over broader tax and productivity reforms.
Red tape and unclear compliance rules
Opponents said the tax credits come with community benefit principlesRules that say projects must show local and social benefits to qualify for the incentives. and other compliance conditions that are vague, bureaucratic and likely to raise costs, slow projects and deter investment.
Too much ministerial and regulatory discretion
Some critics argued the scheme gives ministers, the Treasurer and regulators too much power over which projects qualify and how rules are applied, creating political risk and uncertainty for business.
Further sources
Votes
The chamber-passage votes come first. Expand a vote to see the party breakdown.
House agreed to the bill's third reading on the voices, so there is no list of individual Aye and No votes for final passage in that chamber.
Passed on the voices
In a voice vote, members call out Aye or No and the presiding officer judges which side has it. Individual names are only recorded if a formal division is called.
Passed 34 to 28. Support came from Labor, Greens, Australia's Voice, and minor parties and independents. Opposition came from Liberal Party, Nationals, and One Nation. Minor-party and independent votes were split.
Earlier bill-stage votes
Passed 33 to 27. Support came from Labor, Greens, Australia's Voice, and minor parties and independents. Opposition came from Liberal Party, Nationals, and One Nation. Minor-party and independent votes were split.
Passed 86 to 50. Support came from Labor, Greens, Centre Alliance, and minor parties and independents. Opposition came from Liberal Party and Nationals. Minor-party and independent votes were split.
Amendments grouped by chamber. These cards include amendment outcomes recorded without a counted division.
House
Passed 73 to 61. Support came from Labor. Opposition came from Liberal Party, Nationals, and Centre Alliance. Minor-party and independent votes were split.
This was a routine procedural vote that paused debate rather than advancing the bill’s substance.
Passed 75 to 58. Support came from Labor and Greens. Opposition came from Liberal Party, Nationals, Centre Alliance, and minor parties and independents. Minor-party and independent votes were split.
This forced the House to move on to the decision point on second reading rather than continuing debate.
The House agreed to the amendments made by the Senate, so the bill could pass both chambers in the same form.
Carried on voices
The chamber decided this amendment without a counted division, so there is no list of individual Aye and No votes.
Senate
Defeated 14 to 26. Support came from Greens, Australia's Voice, and minor parties and independents. Opposition came from Labor, Liberal Party, One Nation, Nationals, and minor parties and independents.
It would not have changed the bill text directly, but it would have added the Senate’s view that the schemes should be tied to stronger community benefit and accountability settings.
Defeated 28 to 32. Support came from Liberal Party, Nationals, and One Nation. Opposition came from Labor, Greens, Australia's Voice, and minor parties and independents. Minor-party and independent votes were split.
If agreed, it would have narrowed the community benefit rules attached to the tax incentives and reduced the compliance conditions the bill could impose on recipients.
Passed 32 to 28. Support came from Labor, Greens, Australia's Voice, and minor parties and independents. Opposition came from Liberal Party, Nationals, and One Nation. Minor-party and independent votes were split.
If carried, it would have narrowed the list of minerals eligible for the incentive and kept uranium outside the scheme.
This list includes amendment votes, procedural votes and votes on the bill itself.
Parliamentary debate
Start here — lead voices
Chalmers strongly supports the bill and presents it as a key part of Labor’s Future Made in Australia agendaThe government’s policy package for backing new industries such as hydrogen and critical minerals processing in Australia. to drive investment in renewable hydrogen, critical minerals and First Nations economic development.
Read in Hansard ↗Dean Smith says the coalition will oppose the bill because it creates a costly, bureaucratic subsidy scheme that locks in taxpayer support for decades instead of delivering broad tax relief or lower costs for business.
Read in Hansard ↗Cox says the Greens support the bill, but they want it tightened so the tax credits deliver real community benefits, stronger First Nations consultation, and clearer reporting and review rules.
Read in Hansard ↗David Van supports the bill, but says it should be amended to include production tax credits for low-carbon liquid fuels as well as hydrogen.
Read in Hansard ↗All speeches by bloc
10 speakers · 10 support
“And that's exactly what this legislation does.”Read the full speech in Hansard ↗
“This bill today, for production tax credits for critical minerals, is a cornerstone of the Future Made in Australia plan. We know how important this industry and the resources industry as a whole has been to the nation's prosperity for many decades. It has powered us through a global pandemic. It has seen us through economic downturns. Of course, there are other countries that have vast resources and geologies, though none quite the same as us. We're not alone in relation to these critical minerals, yet we are in the best place to take advantage of our people, our skills, our existing resources industry, our traditional resources industry, and, of course, our unique and very special geology.”Read the full speech in Hansard ↗
“I fully support this bill. It's about time you got on board, too.”Read the full speech in Hansard ↗
“We're making it happen with very targeted and strategic investment. Firstly, there is a hydrogen production tax incentive. At $2 per kilogram, this is for renewable hydrogen projects that reach a final investment decision before 2030. There is a critical minerals production tax incentive, which is a 10 per cent credit on processing and refining costs for any of Australia's 31 critical minerals. This means we will be adding value to what we produce here, turning from a quarry into a jobs-producing, benefit-creating economy around clean energy.”Read the full speech in Hansard ↗
“The passage of this bill sets in place the final building block in the foundations of Future Made in Australia. It is the right thing for Australia. It is the right thing for Australia's national interest. I commend the bill to the Senate.”Read the full speech in Hansard ↗
“In contrast to the coalition's 'dig and ship' mentality, the Albanese government is committed to investing in climate action, to working with other nations to address current supply chain insecurity for critical minerals, and to investing in skilled jobs and in regional communities. It is also committed to getting a bigger and better economic return on what we mine. I'm proud to support this bill and to stand up for a future made in Australia.”Read the full speech in Hansard ↗
“And that's exactly what this legislation is all about.”Read the full speech in Hansard ↗
“This legislation complements existing marketplace operations, and it also establishes a hydrogen production tax incentive worth $2 per kilogram of renewable hydrogen produced and a critical minerals production tax incentive worth 10 per cent of relevant processing and refining costs for 31 critical minerals—a measure which also doubles as a national security initiative. We all remember COVID and all the problems we had then. We know the challenges we have in the modern world. This is a national security and national interest initiative. But really this bill is an investment in Australian jobs, Australian businesses and Australian communities. We aren't taking the Liberal approach of showering businesses with money and just hoping it trickles down to Aussie families and communities. We aren't spraying out cash to people like Gina Rinehart to have taxpayer funded long lunches.”Read the full speech in Hansard ↗
“The Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024 will directly support the government's work to accelerate investment in the net zero transition, and it will build economic resilience and security in our country.”Read the full speech in Hansard ↗
“This is a bill that is supported by industry. It brings real community benefits. The only people who seem to be opposed to it are those opposite. But that's probably to be expected. Short-sighted, negative, unreliable—that's the Liberals under Peter Dutton.”Read the full speech in Hansard ↗
9 speakers · 11 contributions · 9 oppose
“Let it be clear to all that the coalition will be opposing this bill, and with good and clear reason. Labor's Future Made in Australia policy is about building bureaucracies, not businesses. The coalition does not believe in permanently underwriting businesses with taxpayer funds. When faced with the COVID-19 emergency, a once-in-a-century crisis, the coalition rightly stepped in to ensure that Australian businesses could stay open, workers remained employed and families were supported. These measures were deliberately targeted, temporary and scalable, designed to address the unique economic and health challenges we faced. They allowed Australia to emerge from the pandemic in a world-leading position with record low unemployment, strong GDP growth and historically low interest rates. We made those decisions in the national interest, but we have been clear since the election that the time for these kinds of government interventions has passed.”Read the full speech in Hansard ↗
“I think that in the end they will regret this plan, because it is fraught with risk, and it fails to learn the lessons of Australia's recent history. Australia will grow if there is a fair dinkum approach to supporting businesses that can stand on their own two feet. Small business, medium business, big business—who cares?—will prosper with clearer taxes, lower taxes and fewer regulations. That is going to be the path to prosperity. The idea of subsidising bad ideas and bad businesses with taxpayer funds and simultaneously allowing them to be funnelled away to the unions, the CFMEU and all the other old mates, is the road to ruin. It is a road to turning Australia into Argentina. That is why we are voting against these bills. I say, for the record, that I think Argentinians are wonderful people.”Read the full speech in Hansard ↗
“But I have to say for anybody listening into this debate, the Australian Greens, in relation to a bill that affects the mining industry in this country, say this—and this is a direct quote from Senator Cox in this Senate: 'I stand here today to congratulate the Albanese government on this work.' What she means there is 'on this bill'. Then she says this: 'And I want to place on the record that in fact—' and this is the dangerous part for any Australians who think that a minority government may in some way benefit Australia. This is what the Australian Greens have said: 'We could go further and, with the Greens in minority government in the 48th parliament, this is actually possible and will make a difference to all Australians.' Senator Cox then went on to say, yet again, 'having the Greens in power'. I hope that is a wake-up call for all Australians, and I say this to the mining companies back in Western Australia: this bill does not do what you were told it would do and you were in fact, yet again, sold a pup. The good news is they've woken up to that fact.”Read the full speech in Hansard ↗
“While this bill might seem to some to be a step in the right direction, it fails to position our nation as a key frontrunner on the international stage, despite our abundance of natural resources. This so-called Future Made in Australia bill does little to create economic growth. Australia needs an economic plan and strong stewardship of the economy, not slogans. Simply slapping on top of a bill a title that misdirects as to the actual intention or effect of the bill is not the way to lead the economy. It needs to be more flexible. We need an economy that's more flexible and adaptable. We need an adaptable industrial relations framework, not one that benefits the trade union movement, as has occurred under this government's watch. Australia has experienced its slowest economic growth in 32 years under this government, which has presided over elevated interest rates and a cost-of-living crisis.”Read the full speech in Hansard ↗
“It's sad that we see this continual return and continual retreading of this same ground, over and over again.”Read the full speech in Hansard ↗
Hansard records 2 separate contributions by Linda Reynolds on this bill. They are grouped here so the speaker is listed once.
Second reading speech
Reynolds opposes the bill, arguing that Labor's catchy branding does not match what the legislation actually does and that the production tax credits will make things worse rather than fix problems in critical minerals and rare earths industries.
“Future Made In Australia does sound good on the face of it, but this particular bill is about the production tax credits, and that's what I want to spend my time in this place talking about. Sadly, as to this bill, despite all of the rhetoric from those opposite—'This is going to help our critical minerals industry and our rare earths industry; this is going to fix all of the ills that currently bedevil the industries and now make it impossible for an Australian company, even when they find a critical mineral, a rare earth or any other commodity'—those opposite have now made things far worse, including with the Future Made in Australia—”Read this contribution in Hansard ↗
Second reading speech
Linda Reynolds opposes the bill because she says it is mostly spin and a narrow quick fix that helps only a few projects while doing nothing to solve the bigger problems facing mining, oil and gas, and critical minerals. She argues the government has made regulation, energy costs and investment conditions worse, so the bill will not restore competitiveness.
“So we oppose this bill not because the individual tax credit will help a mere handful into production, although not into development, but because this is all spin and it doesn't do anything to benefit families, workers or Western Australian industry. Australia has a very proud and long manufacturing history, which this side of politics has always supported. But what does a strong manufacturing and mining sector need? It needs strong economic management to get our country back on track, to get the mining sector and the oil and gas sector back on track, by getting the basics right—everything that this government in just over 2½ years has made infinitely worse.”Read this contribution in Hansard ↗
“The coalition will not support this bill, which subsidises businesses for the costs of Labor's bad policies on workplace relations, on environmental approvals, on the safeguard mechanism and on company tax. The best cost-of-doing-business relief Australians could hope for is a change in government.”Read the full speech in Hansard ↗
Hansard records 2 separate contributions by Jacinta Nampijinpa Price on this bill. They are grouped here so the speaker is listed once.
Second reading speech
Nampijinpa Price says the coalition will oppose the bill because it adds more bureaucracy, duplication, and regulation, which she argues will hold back economic growth. She says Labor's approach will make the problem worse rather than support businesses and productivity.
“I rise to speak on the Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024. It is no surprise that the coalition will be opposing this bill. Australia finds itself in a position of absolute bloated bureaucracy. The Albanese government seem to have done everything they can to increase the size of this leviathan. There is excess duplication and regulation that is holding us back from our economic potential. We know that the Labor government's increase to bureaucracy has impacted the high inflation that we are seeing—an additional 20 per cent increase in public servants and then 11 per cent pay rises on top of that. The RBA has admitted that the growth of the public sector is a factor that the RBA will have to take into account when considering rate cuts. It's clear that the Albanese Labor government loves bureaucracy and waste. It's everywhere you look. Their Future Made in Australia legislation is only going to make the problem worse.”Read this contribution in Hansard ↗
Second reading speech
Price opposes the bill, saying the coalition will not back Labor's business subsidies and arguing the scheme is costly, delayed, and buried in red tape. She says it fails to deliver real tax relief or support for small business and will instead reward political favourites and union influence.
“The truth is the coalition will not stand for subsidising business because of the actions of a poorly run Labor government. While the coalition undoubtedly believes in lower taxation, this policy from Labor doesn't deliver widespread tax relief. The bill introduces various tax offsets for businesses, but it won't actually provide tax relief for businesses for years. Let's be clear; Labor's policies are strangling our manufacturing and resources industries. Australian miners need a change in government if there is any hope for their sector to grow and thrive as it should. Small businesses in Australia don't benefit a cent from this legislation, yet the policy is costing billions of dollars. Simply applying these tax credits would cost a business something in the realm of $100,000 in the first year, and that's according to Labor's own analysis. Then after the first year there are hundreds of thousands of dollars worth of costs which they would have to foot over the life of operations. It's not cheap for the taxpayer and it's not cheap for businesses. Under this legislation, no-one wins.”Read this contribution in Hansard ↗
“This bill seeks to implement the government's Future Made in Australia production tax credits for green hydrogen and critical minerals. The bill puts significant compliance obligations on businesses eligible for either a hydrogen or a critical minerals tax credit, including compliance with the community benefit principles and the National Interest Framework, which are defined through the Future Made in Australia Bill 2024, which the coalition is opposing.”Read the full speech in Hansard ↗
3 speakers · 3 support
“I rise to reiterate the Greens' support for the Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024. As the Greens spokesperson for resources, trade, First Nations and northern Australia, I can say that this is at the cross-section of four of my five portfolios and has my support to continue and build on this important work.”Read the full speech in Hansard ↗
“The Australian Greens are supportive of the intent of the Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024. We're currently working through some of the details associated with this legislation with the government. The intent of this bill is to encourage investment in renewable hydrogen and critical minerals and expand the remit of Indigenous Business Australia. Decisive action to tackle climate change and a rapid transition to renewables are critical. They're critical not just in the fight against climate breakdown but also in terms of the opportunities they provide for this country. We welcome in-principle government support for truly sustainable and green energy industries, and we acknowledge that such government support is an important part of achieving the rapid decarbonisation that we need to achieve in Australia and indeed around the world.”Read the full speech in Hansard ↗
“As I said, the Greens support the intent of this bill. It's an important measure to reduce barriers for green industries and set Australia up as a renewable energy superpower. But the Labor government needs to stop sending mixed signals. If the government really wants the critical minerals sector to succeed, it will stop backing new coal and gas projects, because they're going to be competing for the same workers and competing for investment as well as fast tracking climate collapse. Australians deserve better.”Read the full speech in Hansard ↗
1 speaker · 1 oppose
“There's nothing in the hydrogen schedule of this bill that will provide Australian taxpayers with value for money—nothing—and it's a bloody lot of money: $6.7 billion over 10 years. I can just see Chris Bowen and Mr Anthony Albanese tossing out another few billion, $6.7 billion, to add to their trillions that will be invested eventually in this net zero madness. One Nation opposes schedule 1 of the bill, and if the bill is passed it will be repealed when One Nation repeals all of the green climate-scam legislation.”Read the full speech in Hansard ↗
2 speakers · 2 support
“I rise in support of the Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024. However, my support is not without some qualification because, as I said in the debate last year, we need to focus on some key technologies that will assist us to lower emissions, support existing and new industries, and protect our national security. For that reason, I was surprised to see that low-carbon liquid fuels, LCLFs, were not included in this bill as a recipient of those tax credits, especially when many of our international competitors are incentivising their industries to be leaders.”Read the full speech in Hansard ↗
“This bill can renew industry and bring hundreds of jobs to Tasmania—jobs that bring much-needed cash into our families, communities and local businesses. I fully support this bill and what it will bring to Tasmania.”Read the full speech in Hansard ↗
Record
House · Introduced and read a first time
Introduced
The bill was formally presented to the chamber and read a first time, which starts its parliamentary journey.
House · Second reading moved
Second reading opened
A minister or sponsoring member moved the second reading, opening the main debate on the bill's purpose and principles.
House · Second reading debate
Second reading debate
The bill reached this recorded parliamentary step.
House · Second reading debate
Second reading debate
The bill reached this recorded parliamentary step.
House · Second reading agreed to
Recorded vote: 86 to 50.
Second reading agreed
The chamber agreed to the bill at second reading, meaning it accepted the bill in principle and allowed it to continue.
House · Third reading agreed to
Third reading agreed
The chamber agreed to the bill at third reading, which completed passage through that chamber.
Senate · Introduced and read a first time
Introduced
The bill was formally presented to the chamber and read a first time, which starts its parliamentary journey.
Senate · Second reading moved
Second reading opened
A minister or sponsoring member moved the second reading, opening the main debate on the bill's purpose and principles.
Senate · Second reading debate
Second reading debate
The bill reached this recorded parliamentary step.
Senate · Second reading debate
Second reading debate
The bill reached this recorded parliamentary step.
Senate · Second reading debate
Second reading debate
The bill reached this recorded parliamentary step.
Senate · Second reading agreed to
Recorded vote: 33 to 27.
Second reading agreed
The chamber agreed to the bill at second reading, meaning it accepted the bill in principle and allowed it to continue.
Senate · Committee of the whole: amendments considered
Amendment packages agreed
The chamber considered amendments before the bill moved to the next stage.
Senate · Third reading agreed to
Recorded vote: 34 to 28.
Third reading agreed
The chamber agreed to the bill at third reading, which completed passage through that chamber.
House · Message from Senate reported
Message from Senate reported
The bill reached this recorded parliamentary step.
House · Consideration of Senate message
House agreed to Senate amendments
The House dealt with Senate amendments or requests so both chambers could settle the bill in the same form.
Parliament · Finally passed both Houses
Passed both houses
Both houses passed the bill in the same form, completing parliamentary passage.
Assent · Assent
Assent
The Governor-General gave Royal AssentThe final step that turns the bill into an Act after Parliament has passed it., turning the bill into an Act.
Senate Economics Legislation Committee; Committee report (31/01/2025)
Referred to committee
Referred to Committee (28 Nov 2024): Senate Economics Legislation Committee; Committee report (31 Jan 2025)
APH bill page notesSenate Standing Committee for the Scrutiny of Bills
Considered by scrutiny committee
Considered by scrutiny committee (5 Feb 2025): Senate Standing Committee for the Scrutiny of Bills; Scrutiny Digest 1 of 2025
APH bill page notes
