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International Business Times
International Business Times
Science
Laura CHUNG

Australia PM Unveils Plan To Overhaul Economy, Invest In Green Energy

Prime Minister Anthony Albanese will unveil the "Future Made in Australia Act" to help compete with global partners who are providing massive subsidies to new industries (Credit: AFP)

Mining superpower Australia will on Thursday announce a US-style scheme to pour public money into manufacturing and clean energy industries, joining the global race to build a cleaner and more resilient economy.

Prime Minister Anthony Albanese will unveil the "Future Made in Australia Act" to help compete with global partners who are providing massive subsidies to new industries, according to an advance copy of his speech.

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