Prime Minister Anthony Albanese’s flagship industry policy to boost growth and productivity delivered no funding to business last year, while billions of dollars in support for struggling smelters bypassed the framework designed to assess if taxpayer investment was warranted.
Industry Minister Tim Ayres dismissed the lack of formal assessment under the Future Made in Australia laws, saying it was “pretty hard” to suggest the smelter bailouts in Queensland, NSW and Tasmania did not qualify for help.
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