Future Made In Australia Act Passes Lower House

Treasurer Jim Chalmer said it was a major step forward ’making the Australian economy more prosperous and resilient.’

Solar panels are seen on a roof in Albany, Western Australia, on March 29, 2024. Susan Mortimer/The Epoch Times

Australia’s version of Biden’s Inflation Reduction Act has passed the House of Representatives two months after it was introduced.

On Sept. 9, Treasurer Jim Chalmers touted Labor’s $22.7 billion (US$15 billion) Future Made in Australia legislation as a major step forward in “making the Australian economy more prosperous and resilient” amid the net zero transition.