Embedding industrialisation and deindustrialisation in South Australia

In April 2024, Anthony Albanese announced 'Future Made in Australia' (FMA) - a strategy designed to create the conditions to place Australia on the path to an advanced industrial economy. In this announcement, the Prime Minister put industrial policy back on the agenda, declaring that FMA was a response to the US Biden Administration's 'Inflation Reduction Act' that commentators here have been calling for (or warning against) over the past two years (Dean and Jackson 2023). FMA links challenges of climate change and national economic capability to reindustrialisation, predominantly using Australia's world-significant clean energy and critical minerals to increase onshore secondary processing of these metals and the manufacture of products and components required for decarbonisation and greater sovereignty.