The Australian Federal Government has recently enacted the Future Made in Australia (Guarantee of Origin) Bill 2024 along with two supporting bills to certify low-emissions products and bolster renewable electricity. This legislation brings forth the voluntary Guarantee of Origin (GO) scheme, a government-backed certification initiative, to assist local producers in showcasing the low-emissions nature of their offerings accurately. The scheme aims to maintain competitiveness for Australian producers in both domestic and international markets while ensuring regulatory certainty and fostering investment through a high-integrity certificate system. Federal Energy Minister Chris Bowen expressed the government's commitment to launching the Guarantee of Origin scheme in 2025, emphasizing its role in providing certainty for Australian industries to capitalize on the nation's unique competitive advantages during the clean energy transition. Additionally, the introduction of the Future Made in Australia (Production Tax Credit and Other Measures) Bill 2024 offers financial incentives to hydrogen producers and critical minerals processors. Hydrogen producers stand to benefit from a $2 per kilogram incentive for renewable hydrogen production, while processors of critical minerals will receive a 10% tax reduction on processing and refining expenditures for a decade per project. The program, focusing on 31 essential minerals for manufacturing clean energy technologies, stipulates that companies will only access the tax benefits once their operations are active and generating. Eligibility requirements, including community benefits, are yet to be finalized pending consultation with the Treasury. By promoting Australia as a significant renewable energy supplier globally, these measures aim to create job opportunities and enhance the national economy. Commencing in the 2027-2028 fiscal year and extending until 2039-2040, these initiatives are geared towards accelerating the country's transition to clean energy, boosting local job markets, and strengthening economic prospects.