Reported at www.sbs.com.au: The Australian Senate passed major tax incentives aimed at promoting clean energy, particularly for renewable hydrogen production and critical minerals processing, following a deal with the Greens.

Finance Minister Katy Gallagher emphasized that these tax breaks are crucial for providing investment certainty and supporting businesses in the transition to a renewable energy future.

The bill, part of Labor’s “Future Made in Australia” policy, now awaits approval from the lower house.