Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 16 MAY 2024

Market Intelligence Thought Leadership Award Winner

Federal Budget 24-25 "Future Made in Australia" features for cleantech

Spruson & Ferguson Lawyers
Explore more from Spruson & Ferguson Lawyers

Details and costings of the Future Made in Australia Act, with implications for the cleantech ecosystem.

AustraliaEnergy and Natural Resources
Gareth Dixon
Gareth Dixon
Author LinkedIn connections

Treasurer Jim Chalmers delivered his third Federal Budget on Tuesday, 14 May 2024, featuring the promised details and costings of the recently announced Future Made in Australia Act, and more specifically, what was in it for the Australian cleantech ecosystem.

I'd foreshadowed some of this in my previous article, which was necessarily light on specifics.

The "Future Made in Australia Act"

Hot on the heels of President Biden's Inflation Reduction Act ("IRA"), which among other initiatives earmarks unprecedented investment in cleantech, and the European Commission's more self-explanatory Green Deal Industrial Plan comes the Future Made in Australia Act ("FMAA"), which was announced recently by Prime Minister Anthony Albanese.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

NSW Raises The Bar For IPC Referral Of Major Energy Projects, And Effectively Removes It For BESS

The NSW Government has doubled the objection threshold for electricity generating works to be referred to the Independent Planning Commission (IPC) and removed objection-based IPC referral for battery energy storage systems altogether. These changes seek to materially reduce approval risk for proponents across the energy sector.
AustraliaEnergy and Natural Resources
Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
Article

When Mining Or Exploration Comes To Your Station

Pastoralists should identify the water and operational assets that matter to the station before activity begins, then ensure any access or commercial agreement clearly deals with monitoring, disruption, rehabilitation, liability and review. The legal position will depend on the mining or exploration licence (as the case may be), the pastoral lease, government policy, approvals and proposed activity, but early preparation gives a family stronger footing in discussions.
AustraliaEnergy and Natural Resources
HHG Legal Group
HHG Legal Group
Article

Rethinking Utility Hardship: From Reactive Support To System-wide Change

Utility organizations face mounting pressure to address customer hardship through comprehensive ecosystem changes. This analysis explores how utilities can implement interventions across individual, organizational, and systemic levels to create meaningful impact. The framework presented offers a multi-layered approach to transforming reactive support into proactive, system-wide solutions.
AustraliaEnergy and Natural Resources
KordaMentha
KordaMentha
Article

Updates To Malaysia’s Proposed Patent Linkage Framework

Malaysia is drafting its first patent linkage framework for pharmaceutical products, scheduled for implementation on 1 May 2027 following CPTPP ratification. The National Pharmaceutical Regulatory Agency has released draft guidelines establishing an administrative connection between drug registration and patent status, introducing notification requirements, suspension periods, and four application categories that will fundamentally reshape how innovators and generic manufacturers navigate market entry.
MalaysiaIntellectual Property
Spruson & Ferguson Lawyers
Spruson & Ferguson Lawyers
Article

Australia | Proposed Tranche 2 Privacy Act Reforms: Exposure Draft And Consultation Paper Released

The Australian Government has released an exposure draft of the Privacy Amendment (Personal Data Protection) Bill 2026, proposing the most substantial reforms to the Privacy Act 1988 in recent times. These changes introduce a fair and reasonable test for data handling, enhanced consent requirements, expanded breach notification obligations, and new rights including data erasure for large digital platforms.
AustraliaPrivacy
Spruson & Ferguson Lawyers
Spruson & Ferguson Lawyers
Article

Protecting The AI Systems Competitors Can Actually Copy

Businesses building AI products on third-party models face a critical intellectual property challenge: determining what parts of their AI systems can actually be protected when competitors have access to the same underlying models. This analysis explores where protectable value sits in AI workflows, from data retrieval and validation processes to system integration and deployment architecture, and why patent strategy must focus on the commercially defensible elements rather than just the AI model itself.
AustraliaIntellectual Property
Spruson & Ferguson Lawyers
Spruson & Ferguson Lawyers