April 14, 2024 In Unkategorisiert
Albanese finds plan for interventionist inexperienced trade coverage very similar to Biden’s Inflation Aid Act
Prime minister says government needs to be ‘more strategic and more sophisticated’ to compete globally
- Follow our Australia news live blog for latest updates
- Get our morning and afternoon news emails, free app or daily news podcast
Anthony Albanese is signalling a dramatic shift to unapologetically and directly supporting Australian industry and innovation, saying the country needs “sharper elbows when it comes to marking out our national interest” and competing with the rest of the world.
In a speech to be delivered to the Queensland Press Club on Thursday, the prime minister will effectively launch his bid for re-election with a plan for a green interventionist industry policy, promising direct government support to speed up the energy transition, provide certainty for business and stem the flow of money and ideas to countries offering investment incentives.
No Comments