Posts tagged "Labor National Reconstruction Fund"

Australian climate tech startup Conry Tech is urging the federal government to act immediately after its research found one in four Australian manufacturing jobs has disappeared since 2006.

Taking the “first step” in Prime Minister Anthony Albanese’s election promise “to revive our ability to make world-class products”, Australia’s federal parliament has approved a $15 billion National Reconstruction Fund.

The $15 billion would be provided through a combination of loans, equity, co-investment and guarantees, with the fund aimed at helping build new industries and boosting existing ones.