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IRA ‘response’ delayed due to skills shortage, approval red tape

Source: afr.com afr.com
News Snapshot:

As a result, the government will have no further big-ticket Australian IRA-type announcements to make this year, after Prime Minister Anthony Albanese announced in Washington last week that Labor would provide $2 billion in extra funding for critical minerals development, The Australian Financial Review understands. The pause will disappoint union, big business and industry advocates calling for a rapid and large-scale response. Labor’s original timeline, led by Treasurer Jim Chalmers, Minister for Climate Change and Energy Chris Bowen, Industry Minister Ed Husic and Resources Minister Madeleine King, was for a “big-bang” package to be announced by the end of this…

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