What happened
The Productivity Commission's Trade and Assistance Review showed Australian Government budgetary assistance to industry reached $16.8 billion in 2024–25, rising 6.4% from the prior year. Growth was driven by targeted funding under the Future Made in Australia agenda, with $570 million directed toward clean energy, battery manufacturing, and decarbonisation.
Why it matters here
Tax concessions represent 51.6% of total industry support. As assistance becomes more selective, businesses aligned with federal policy priorities gain strategic advantages, while broader market efficiency depends on whether these government outlays deliver genuine long-term productivity improvements across the economy.
What to watch
Follow future government policy announcements and budget updates under the Future Made in Australia framework to identify targeted sector-specific investment opportunities.
Source
publicaccountants.org.au