Category: Rewiring the Nation

August 29, 2023

Rewiring the Nation: $3b lined up for WA grid transformation

The federal government has committed $3 billion in funding to private sector electricity transmission projects in Western Australia to support the roll-out of renewable energy programs. The concessional loans and equity investments are being earmarked from the government’s $20 billion Rewiring the Nation fund, being administered by the Clean Energy Finance Corporation. It will be…

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June 22, 2023

$22bn clean energy and tech tax bill passes Parliament

A $1.5 billion tax incentive package for businesses to buy technology and train staff has cleared Parliament in the final sitting days of the financial year, but a delay means much less is likely to be claimed. The legislation will also establish a 30 per cent tax break for videogame developers and advance the government’s…

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February 2, 2023

IMF warning on off-budget industry billions

The Albanese government’s plan to pump billions into industry development, housing and transform the electricity grid need to be “phased appropriately”, while further off-budget vehicles should be avoided, the International Monetary Fund has warned. In its annual review of Australia released overnight, the IMF endorsed Australia’s pandemic recovery and Treasurer Jim Chalmers restrained first Budget…

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October 19, 2022

Rewiring the Nation: Vic, Tas first to benefit from $20bn plan

The federal government’s $20 billion Rewiring the Nation initiative, a longstanding Labor election commitment, has kicked off with around $7 billion in support for transmission infrastructure across Tasmania and Victoria. Together with the Tasmanian and Victorian governments, the Commonwealth will fund the $3.8 billion 1500MW Marinus Link, a two-way electricity and telecommunications connection between the…

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This post was originally published on InnovationAus.com.

Category: Rewiring the Nation

Rewiring the Nation: $3b lined up for WA grid transformation

$22bn clean energy and tech tax bill passes Parliament

IMF warning on off-budget industry billions

Rewiring the Nation: Vic, Tas first to benefit from $20bn plan