Albo: We’ll make solar panels instead of coal

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The dreams and delusions of the iMSM:

Growth industries will gain federal aid in a Labor plan to unveil budget help for key sectors like clean energy, batteries and critical minerals in a bid to define the economic agenda at the next election by pledging financial support for thousands of new jobs.

Prime Minister Anthony Albanese will put a new law to federal parliament to deliver the assistance in a package that promises a “future made in Australia” by offering big investors greater incentives for local manufacturing.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.