'Future Made in Australia' Policy to Be Unveiled

The Australian government is set to unveil its third budget later on Tuesday. One of the centerpieces will be spending around the "Future Made in Australia" policy, which has similar interventionist ambitions to the US Inflation Reduction Act. Bloomberg's Paul Allen has more.
--------
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: tinyurl.com/ysu5b8a9
Visit www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: / bloombergtv
Facebook: / bloombergtelevision
Instagram: / bloombergtv

Connect with Bloomberg Business on:
X: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
TikTok: www.tiktok.com/@bloombergbusi...
Reddit: / bloomberg
LinkedIn: / bloomberg-news

More from Bloomberg:
Bloomberg Radio: / bloombergradio
Bloomberg Surveillance: / bsurveillance
Bloomberg Politics: / bpolitics
Bloomberg Originals: / bbgoriginals

Watch more on KZbin:
Bloomberg Technology: / @bloombergtechnology
Bloomberg Originals: / @business
Bloomberg Quicktake: / @bloombergquicktake
Bloomberg Espanol: / @bloomberg_espanol
Bloomberg Podcasts: / @bloombergpodcasts

[@GardenDoctorKris]

Can't afford to manufacture anything in Australia because electricity is too expensive even though we're drowning in coal, gas and uranium, not allowed to use it here, yet happy to export it, meanwhile we'll try to make do with solar and wind.... madness 🤣🤣🤣

[@drunkntigr]

He's right lol. Worlds largest natural gas reserve and now they won't even let us use it in new homes.

[@Inspireworkshop]

Solar and wind are the cheapest forms of energy. That's the point.

[@GardenDoctorKris]

@@Inspireworkshop I see, forced wind and solar are so cheap that's why power prices are unaffordable