Australia's PM Anthony Albanese has launched the 'Future Made in Australia Act', backed by domestic companies, to strengthen local manufacturing in clean energy and critical minerals.

The Act is poised to foster business expansion in the production of battery components and other clean technologies, offering Australian companies a competitive edge on the global stage.

This new direction sharply contrasts with the previous government's emphasis on a gas-led recovery, signaling a shift towards sustainable industry practices.

The initiative is in line with international trends, mirroring similar industrial strategies in the US and Europe aimed at harnessing the economic potential of clean technologies.

In related global affairs, Defence Minister Richard Marles is set to visit Ukraine, while Israel braces for possible conflict in response to escalating tensions with Iran.