Experiencing the 2024 total solar eclipse in New Brunswick | SaltWire #solareclipse #eastcoastSYDNEY - Australia will launch subsidies and incentives modelled on similar efforts in the United States and Europe to help the giant commodity exporter bolster domestic manufacturing and promote industries it sees as vital to national security.
"Our Government will be proactive when it comes to backing Australia’s comparative advantages and delivering on our national interests," Albanese will say. The biggest example is in the United States, with the Biden Administration's $430 billion Inflation Reduction Act. The European Union has followed suit along with Japan and Korea.
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