Australia's Future Made in Australia plan is set to boost the country's green hydrogen and critical minerals sectors through significant tax breaks. The recently passed Future Made in Australia (Production Tax Credit and Other Measures) Bill 2024 has paved the way for $13.7 billion in tax breaks over the next decade. These tax incentives aim to support the production of renewable hydrogen and the processing of critical minerals like lithium and nickel. The Bill promotes local investments by offering $2 per kilogram of renewable hydrogen produced and a 10% production tax credit for critical minerals processing. By focusing on green industries, Australia aims to reduce its dependence on critical minerals supply chains, particularly from China. Industry stakeholders, including Zero Carbon Hydrogen Australia and the Australian Workers’ Union, have lauded the legislation for driving investment, lowering costs, and accelerating industry growth. The government emphasizes that these tax incentives will help Australia capitalize on global energy transition opportunities and strengthen its position as a leading player in hydrogen and critical minerals production. The passage of this Bill signals a strategic move towards a more sustainable and self-reliant industrial landscape for Australia's future.