The Australian Government recently revealed plans to boost hydrogen production in the country by leveraging renewable energy sources. The proposed measures, outlined in the Federal Budget for 2024–2025, aim to provide strong governmental support for the development of the hydrogen sector. One of the key initiatives is the introduction of a hydrogen production tax incentive, set to commence from 1 July 2027. This incentive offers AU$2 per kilogram of hydrogen produced using renewable energy, totaling an estimated AU$14.4 billion of support from 2027 to 2041. Additionally, the government plans to allocate funds for programs like the Hydrogen Headstart Program, which supports projects bidding for revenue assistance. Moreover, grants totaling AU$1.7 billion over 20 years will be provided to fuel innovation, commercialization, and pilot projects in priority sectors including renewable hydrogen production. The government also aims to enhance workforce development in the hydrogen industry by investing in a National Hydrogen Technology Skills Training Centre. The proposed measures, including the tax incentive and funding programs, are designed to strengthen Australia's position in the global competition for hydrogen production. While the proposals have faced opposition and require parliamentary approval, they signify a positive step towards fostering a sustainable hydrogen economy in Australia.