Australian super funds express interest in the $22.7bn Future Made in Australia fund to support local industries, including green growth.
Australian super funds show interest in the $22.7bn Australian manufacturing scheme, known as Future Made in Australia fund, which aims to support local industries like lithium processing and develop green industries. Institutional investors support the plan, stating public financing can unlock private capital for green growth, jobs, and climate targets. However, the Greens party raises concerns over public funding for fossil fuels and threatens to derail the policy, with a parliamentary inquiry set to report next month.
August 17, 2024
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