The Australian Federal Government has introduced the Future Made in Australia (Production Tax Credit and Other Measures) Bill 2024 to Parliament with the aim of seizing economic and industrial opportunities in the clean energy transition. The legislation will implement production tax incentives for renewable hydrogen and critical minerals and expand the role of Indigenous Business Australia. These incentives are seen as a crucial step towards making Australia a key player in the global net zero transformation and enhancing the country's economic resilience. The bill is expected to unlock private sector investment, create secure jobs, and establish a more diversified economy powered by renewable energy. It establishes tax incentives for hydrogen and critical minerals production, emphasizing their importance in the decarbonisation journey. Recipients of the incentives will be required to adhere to Community Benefit Principles outlined in the bill. The Clean Energy Council has shown support for the bill, highlighting its potential to attract billions in private investment for clean energy industries and foster economic expansion opportunities, especially in sectors like steel making and aviation that rely on competitively priced hydrogen.