6Priority areas of the Australian economy

6 Priority areas of the Australian economy

Value‑add in resources (1) The area of the Australian economy that is involved in: (a) manufacturing products in connection with: (i) the mining industry; or (ii) processing minerals; or (b) processing minerals; or (c) building or maintaining facilities to enable the manufacture of products mentioned in paragraph (a) or the processing of minerals; is a priority area of the Australian economy for the purposes of the Act. Value‑add in agriculture, forestry and fisheries (2) The area of the Australian economy that is involved in: (a) manufacturing products in connection with: (i) a primary industry; or (ii) processing produce of a primary industry; or (b) processing produce of a primary industry; or (c) building or maintaining facilities to enable the manufacture of products mentioned in paragraph (a) or the processing of produce of a primary industry; is a priority area of the Australian economy for the purposes of the Act. Transport (3) The area of the Australian economy that is involved in: (a) manufacturing any of the following products: (i) aircraft, road vehicles, rail vehicles or ships; (ii) products in connection with aircraft, road vehicles, rail vehicles or ships; or (b) building or maintaining facilities to enable the manufacture of products mentioned in paragraph (a); is a priority area of the Australian economy for the purposes of the Act. Medical science (4) The area of the Australian economy that is involved in: (a) manufacturing products for therapeutic use; or (b) building or maintaining facilities to enable the manufacture of products for therapeutic use; is a priority area of the Australian economy for the purposes of the Act. Renewables and low emission technologies (5) The area of the Australian economy that is involved in: (a) manufacturing products in connection with: (i) renewable energy generation, transmission, distribution or storage; or (ii) greenhouse gas emissions reduction; or (iii) energy efficiency; or (b) recycling; or (c) waste reduction; or (d) waste and resource recovery; or (e) building or maintaining facilities to enable the manufacture of products mentioned in paragraph (a) or the activities mentioned in paragraphs (b), (c) or (d); is a priority area of the Australian economy for the purposes of the Act. Defence capability (6) The area of the Australian economy that is involved in: (a) manufacturing products in connection with defence; or (b) building or maintaining facilities to enable the manufacture of products in connection with defence; is a priority area of the Australian economy for the purposes of the Act. Enabling capabilities (7) The area of the Australian economy that is involved in: (a) manufacturing any of the following products: (i) advanced manufacturing technologies or materials technologies; (ii) artificial intelligence technologies; (iii) advanced information or communication technologies; (iv) quantum technologies; (v) autonomous systems; (vi) robotics technologies; (vii) positioning, timing and sensing technologies; (viii) biotechnologies; (ix) space objects or products in connection with space objects; (x) other advanced technologies; or (b) building or maintaining facilities to enable the manufacture of products mentioned in paragraph (a); is a priority area of the Australian economy for the purposes of the Act. Industrial manufacturing and critical supply chains (8) The area of the Australian economy that is involved in: (a) manufacturing any of the following products: (i) alumina and aluminium; (ii) cement and concrete; (iii) chemicals and plastics; (iv) food and beverages; (v) iron and steel; (vi) glass; (vii) pulp, paper and paperboard; (viii) fertilisers and agricultural protection chemicals; or (b) processing products mentioned in paragraph (a); or (c) logistics; or (d) refining and smelting metals; or (e) waste and resource recovery; or (f) fuel production, fuel additives, fuel derivatives and fuel storage; or (g) building or maintaining facilities to enable the manufacture of products mentioned in paragraph (a) or (f) or the activities mentioned in paragraphs (b), (c), (d), (e) or (f); is a priority area of the Australian economy for the purposes of the Act.