The Albanese Labor Government has reaffirmed its commitment to attracting foreign investment as a driver of secure, well-paid jobs and stronger local industries.

Meeting with business leaders from Australia and the United States today, the Prime Minister highlighted Australia’s unique advantages as a world-leading destination for global investment, including critical resources, a highly skilled workforce, and cutting-edge technology.

“Foreign investment creates jobs, builds industries, and strengthens Australia’s position in the global economy,” the Prime Minister said. “We’re making sure Australia is the partner of choice for investors by investing in clean energy, advanced manufacturing, and resilient supply chains right here at home.”

The Government’s investment agenda is focused on:

• Expanding clean energy projects to accelerate the transition to net zero. 
• Developing advanced manufacturing to secure supply chains and boost exports. 
• Creating new opportunities for Australian businesses to grow and compete globally. 

By partnering with global investors, Labor is ensuring Australia remains at the forefront of innovation while strengthening local capacity and delivering benefits to communities across the country.

“Every new investment means more secure, well-paid jobs for Australians and more opportunities for local businesses to thrive,” the Prime Minister said.

Source: Prime Minister of Australia – Press