Australia released its new National Hydrogen Strategy in 2024, reaffirming the importance of hydrogen in the country's transition towards net-zero emissions. Led by Federal Climate Change and Energy Minister Chris Bowen, the strategy aims to boost green hydrogen production at competitive costs and signal Australia's commitment to low-emissions technology. The updated strategy builds upon the 2019 version created by then Chief Scientist Alan Finkel, with a focus on addressing evolving circumstances and setting ambitious production targets. Despite the potential for a thriving green hydrogen industry powered by renewable energy, challenges lie in scaling up production to meet demand and achieve cost competitiveness. The strategy outlines key industries like iron, alumina, and ammonia as optimal for hydrogen integration to develop new export markets. It also identifies sectors such as aviation, shipping, and electricity storage as areas for emission reduction. While acknowledging hydrogen's limitations compared to electric vehicles, the strategy aims to navigate these challenges strategically. Notably, a new focus on European markets for green hydrogen exports is highlighted, with a major deal in progress between Australia and Germany. Community acceptance and safety remain integral aspects of the strategy, emphasizing job creation and economic benefits to garner support. However, uncertainties persist around funding allocation, infrastructure support, and the future of hydrogen projects. While the strategy lays out a comprehensive vision for Australia's hydrogen future, successful implementation will rely on effective policy decisions and clear guidance for investors and stakeholders.