Legislation passed with Senate amendments
The Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024 passed the Senate with amendments, which were then approved by the House of Representatives, enabling the legislation to pass Parliament on February 11, 2025.
The legislation would:
The amendments, moved by the Australian Greens, would prevent uranium being added to the list of critical minerals as prescribed by regulations.
Earlier this month, the Senate Economics Legislation Committee recommended the Bill be passed. Read TaxNewsFlash