Australia has unveiled its ambitious 2024 National Hydrogen Strategy to establish itself as a key player in the global hydrogen market. This strategy, an update of the 2019 version, outlines a comprehensive framework for the production, use, and export of hydrogen. With around 20% of hydrogen projects worldwide, Australia aims to create a clean, innovative, safe, and competitive hydrogen industry that will not only benefit its communities and economy but also drive its transition to a net-zero future. A significant aspect of the strategy is the introduction of production incentives under the Australian Government's Future Made in Australia plan. This includes the Hydrogen Production Tax Incentive and an expanded Hydrogen Headstart Program, designed to stimulate investment, encourage economies of scale, and reduce the cost gap for renewable hydrogen. The Department of Climate Change, Energy, the Environment, and Water highlights that the updated strategy reflects recent technological advancements and aligns with international policy trends. By focusing on fostering industry growth and attracting investments, Australia aims to position itself as a leading global player in the hydrogen market. This strategic move not only paves the way for economic development but also underscores Australia's commitment to sustainable and innovative energy solutions.