The Australian Senate has approved the Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024, a move endorsed by the Clean Energy Council for its positive impact on jobs, manufacturing, and economic growth. The bill introduces refundable tax credits to incentivize the onshore production of green hydrogen and critical minerals, positioning Australia as an attractive investment hub for clean fuels and low-emissions metals. Prime Minister Anthony Albanese emphasized the bill as part of a broader strategy to bolster Australia's industrial sector and retain jobs within the country. The Clean Energy Council welcomed the bill, anticipating it to unlock significant private investment, create numerous job opportunities, and drive industrial development. The tax credits are designed to benefit businesses investing in and producing renewable hydrogen domestically, ensuring direct economic advantages. Overall, the legislation aims to enhance Australia's competitiveness in clean industries, support decarbonization efforts, and foster economic growth through green hydrogen production.