House debates

Monday, 9 September 2024

Bills

Future Made in Australia Bill 2024; Consideration in Detail

3:56 pm

Photo of Jim ChalmersJim Chalmers (Rankin, Australian Labor Party, Treasurer) Share this | Hansard source

Thank you to the honourable member for his engagement and for his question. The way that we have tried to come at this issue that he has raised in good faith is that the explanatory memorandum now makes it clear that the independent sector assessments in the National Interest Framework will take into consideration the role the sector will play in the net zero transformation, including its direct emissions impact and its role in net zero supply chains. I assure the member that the Future Made in Australia legislation, and the policy more broadly that I announced from this dispatch box at budget time, is focused very firmly on the net zero transformation, on making Australia a renewable energy superpower and on tens of billions of dollars being invested in renewables and industries which are central to that transformation. I believe and the government believes that we can make ourselves indispensable to that global net zero transformation, and the legislation reflects that.

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