The proposal would provide funding for the National Rail Manufacturing Plan. The plan has 3 components.

• Component 1: Establish an Office of National Rail Industry Coordination within the Department of Industry.
• Component 2: Establish a Rail Industry Innovation Council.
• Component 3: Appoint a Rail Supplier Advocate, based on the previous Rail Supplier Advocate.

The proposal would start from 1 July 2022.

Component 1: Establish Green Metals Australia

Invest an initial $700 million in funding in 2022-23, followed by additional funding of $350 million per year from 2023-24 in Green Metals Australia, a new agency which would be responsible for developing a zero carbon Australian metal sector. This investment would be in the form of loans, equity, grants or direct investment.

Component 2: Establish Green Hydrogen Australia

Component 1: Establish Green Metals Australia

Invest an initial $700 million in funding in 2022-23, followed by additional funding of $350 million per year from 2023-24 in Green Metals Australia, a new agency which would be responsible for developing a zero carbon Australian metal sector. This investment would be in the form of loans, equity, grants or direct investment.

Component 2: Establish Green Hydrogen Australia

Component 1: Establish Green Metals Australia

Invest an initial $700 million in funding in 2022-23, followed by additional funding of $350 million per year from 2023-24 in Green Metals Australia, a new agency which would be responsible for developing a zero carbon Australian metal sector. This investment would be in the form of loans, equity, grants or direct investment.

Component 2: Establish Green Hydrogen Australia

Component 1: Establish Green Metals Australia

Invest an initial $700 million in funding in 2022-23, followed by additional funding of $350 million per year from 2023-24 in Green Metals Australia, a new agency which would be responsible for developing a zero carbon Australian metal sector. This investment would be in the form of loans, equity, grants or direct investment.

Component 2: Establish Green Hydrogen Australia

Component 1: Establish Green Metals Australia

Invest an initial $700 million in funding in 2022-23, followed by additional funding of $350 million per year from 2023-24 in Green Metals Australia, a new agency which would be responsible for developing a zero carbon Australian metal sector. This investment would be in the form of loans, equity, grants or direct investment.

Component 2: Establish Green Hydrogen Australia

Component 1: Establish Green Metals Australia

Invest an initial $700 million in funding in 2022-23, followed by additional funding of $350 million per year from 2023-24 in Green Metals Australia, a new agency which would be responsible for developing a zero carbon Australian metal sector. This investment would be in the form of loans, equity, grants or direct investment.

Component 2: Establish Green Hydrogen Australia

This proposal would establish a $15 billion green industry and manufacturing bank (the bank) to support manufacturing, innovation, industrial decarbonisation and re/localisation of supply chains.

It would have a similar structure to the existing Clean Energy Finance Corporation (CEFC) in terms of the Australian Government balance sheet and provide direct grants, equity investment, financing and concessional loan options depending on the corporate structure of applicants.

This proposal would establish a $15 billion green industry and manufacturing bank (the bank) to support manufacturing, innovation, industrial decarbonisation and re/localisation of supply chains.

It would have a similar structure to the existing Clean Energy Finance Corporation (CEFC) in terms of the Australian Government balance sheet and provide direct grants, equity investment, financing and concessional loan options depending on the corporate structure of applicants.

This proposal would establish a $15 billion green industry and manufacturing bank (the bank) to support manufacturing, innovation, industrial decarbonisation and re/localisation of supply chains.

It would have a similar structure to the existing Clean Energy Finance Corporation (CEFC) in terms of the Australian Government balance sheet and provide direct grants, equity investment, financing and concessional loan options depending on the corporate structure of applicants.