The Future Made in Australia (Production Tax Credits and Other Measures) Bill 2024 was passed by both houses of the Australian parliament on 11 February 2025. The legislation provides for the introduction of the Critical Minerals Production Tax Incentive (CMPTI) and the Hydrogen Production Tax Incentive (HPTI), which were both announced as part of the 2024-25 Budget. The HPTI is in the form of a refundable tax offset (credit) of AUD 2 for each kilogram of eligible hydrogen produced. The CMPTI is in the form of a refundable tax offset (credit) equal to 10% eligible expenditure incurred for the production...