Brandon How

Treasurer Jim Chalmers has rejected "rubbish" claims that the government's Future Made in Australia manufacturing package is inflationary. He emphasised the long-term nature of the investments and reiterated that the clean energy manufacturing package is not about “retreating from the world or protecting ourselves from the world, we’re talking about engaging with it, becoming an indispensable part of the global net zero economy”. Mr Chalmers addressed journalists on Monday having returned from Washington DC, where he attended the G20 Finance Finance Ministers’ and Central Bank Governors’ Meeting as well as the IMF – World Bank 2024 Spring Meetings last week.

Three Australian space companies will share in $18 million in federal government grants aimed at deepening the sector's relationship with India.The grants, which did not require co-contributions, have been awarded to Perth-based LatConnect60, Sydney-based Space Machines Company, and Canberra-based Skykraft.Industry and Science minister Ed Husic announced the funding from the International Space Investment (ISI) India Projects program on Tuesday.