Senate debates
Wednesday, 5 February 2025
Bills
Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024; Second Reading
7:28 pm
Linda Reynolds (WA, Liberal Party) Share this | Hansard source
I too rise to speak on the Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024. Here we go again, with Labor spending lots of money on Redbridge and other research agencies to come up with these really trendy research driven titles that really bear no relationship to what is actually in the bill. Not only does that apply to Future Made in Australia, but one of the things those opposite have assiduously not spoken about is actually what the bill is about—that is, the production tax credits. We heard from Senator Pratt all about Peter Dutton and the nuclear energy issue, supposedly, in Collie, and about everything else except what this bill does and does not do.
Future Made In Australia does sound good on the face of it, but this particular bill is about the production tax credits, and that's what I want to spend my time in this place talking about. Sadly, as to this bill, despite all of the rhetoric from those opposite—'This is going to help our critical minerals industry and our rare earths industry; this is going to fix all of the ills that currently bedevil the industries and now make it impossible for an Australian company, even when they find a critical mineral, a rare earth or any other commodity'—those opposite have now made things far worse, including with the Future Made in Australia—
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