A bill named the Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024 has been introduced in the House of Representatives in Australia. The bill aims to establish production tax incentives for hydrogen and critical minerals. Specifically, it proposes a refundable tax offset of AU$2 per kilogram of eligible hydrogen for companies that meet certain eligibility criteria. Additionally, the bill introduces a critical minerals production tax incentive to support the processing of critical minerals within the country. One of the key aspects of the proposed legislation is to enable Indigenous Business Australia to access capital for investment in First Nations communities and businesses, potentially leading to economic growth and development in these areas. The bill reflects a positive outlook towards the development of the hydrogen and critical minerals sectors in Australia, emphasizing the importance of these industries for the country's future growth and sustainability.