Future Made in Australia is in limbo unless the Albanese government provides assurances the centrepiece policy will not be used to buy votes.
Federal spending worth $22.7 billion will be left in limbo unless Labor strikes a crossbench deal in parliament to toughen the safeguards on how the money is spent, amid fears the Future Made in Australia policy will be used to buy votes at future elections.
Super funds are backing the plan in the hope they will also get to invest in new projects, as this masthead revealed on the weekend, and the policy may help counter thePrime Minister Anthony Albanese joined Chalmers and several cabinet ministers in parliament last week to talk up the package as a way to generate new jobs, while blaming Opposition Leader Peter Dutton for standing in the way of the benefits.
“The government hasn’t come out on the front foot with a transparency and oversight framework,” she said. While the bill says the assessments should be revealed to parliament, it gives the treasurer broad scope to redact information he believes is commercially sensitive.Finance Minister Katy Gallagher said on Sunday the government wanted parliament to pass the Labor agenda as soon as possible, emphasising plans to save money at the National Disability Insurance Scheme, pay super to people receiving paid parental leave, and appoint an administrator to the CFMEU.
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