Critical Minerals, Fuel Security and Faster Approvals Define Mining-Friendly Budget

Budget boosts fuel security, misses clean energy opportunities

With Treasury pledging a whopping $14.8 billion to boost fuel security amid the Middle East crisis, the 2026 Budget has been criticised or missing key opportunities to progress the clean energy transition. Treasurer Jim Chalmers' Strengthening Australia's Fuel Resilience package promises to deliver more fuel for drivers and related industries, along with more fertiliser for farmers and ultimately fuel security for the country. The package includ…

Energy sector delivers mixed response to Federal Budget

Image: Wirestock Creators/shutterstock.comAustralia’s energy sector has delivered a mixed response to the 2026-27 Federal Budget that was released on Tuesday, May 12.   Industry leaders welcomed commitments to streamline approvals and support the energy transition while warning that execution and regulatory certainty remain key challenges.  The Clean Energy Council embraced the Albanese Government’s funding commitments aimed at accelerating envi…

Critical minerals, fuel security and faster approvals define mining-friendly budget

Australian mining has seen a boon with the most recent Federal Budget, with major investments in crucial sectors. Image: adobe.stock/ParilovAustralia’s mining industry has welcomed the 2026–27 Federal Budget, with the sector pointing to major investments in critical minerals, fuel security and streamlined project approvals as measures that will support future growth across the sector while continuing to deliver benefits for Australians.   The bu…