Interesting speech from Jim Chalmers yesterday providing high...

Interesting speech from Jim Chalmers yesterday providing high level detail on the May budget for the Future Made in Australia policy. Mentioned that any prospective investments will need to be measured against five tests that include:
- whether an industry can be more competitive
- contribute to an orderly path towards net zero emissions
- build the capabilities of Australian workers
- improve the country’s national security and economic resilience to shocks
- deliver value for money to taxpayers

At face value, RNU would seem to score well on each of these.

I’m not sure however on the timing for RNU receiving further grants etc, as Budget may not name any specific investments beyond those already published. So it may be some time after the Budget before additional investments are announced. We will see!