The Australian government has introduced the Future Made in Australia Bill 2024 as part of its strategy to play a significant role in the global net-zero transformation. The bill includes two key incentives: the Hydrogen Production Tax Incentive (HPTI) and the Critical Minerals Production Tax Incentive. HPTI will offer financial support to renewable hydrogen producers, providing AUD 2 per kilogram produced over a specific period. The bill also supports the production of critical minerals by offering incentives for processing and refining costs. Projects receiving support are expected to deliver community benefits in line with specific principles outlined in the legislation. The government aims to drive innovation and sustainability through these incentives, with a focus on accelerating the development of a renewable hydrogen industry and enhancing the processing and refining capabilities for critical minerals. By setting production milestones for hydrogen and targeting key minerals, Australia seeks to strengthen its position as a mining powerhouse with a sustainable downstream supply chain. The bill is designed to set a pathway for Australia to become a key player in the clean technology landscape, promoting economic growth and environmental responsibility.