Document ID: chunk:federal_register_of_legislation:F2023L00716:reg:5
Version: federal_register_of_legislation:F2023L00716
Segment Type: reg
Provision Reference: reg 5
Character Range: 5433–8122

5  Priority areas of the Australian economy

Value‑add in resources
 (1) The area of the Australian economy that is involved in:
 (a) manufacturing products for use in or in connection with the mining industry; or
 (b) manufacturing products for use in or in connection with processing minerals; or
 (c)  processing 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 for use in or in connection with a primary industry; or
 (b) manufacturing products for use in or in connection with processing produce of a primary industry; or
 (c)  processing 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 manufacturing any of the following products:
 (a) aircraft, road vehicles, rail vehicles or ships;
 (b) products for use in or in connection with aircraft, road vehicles, rail vehicles or ships;
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 manufacturing 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 manufacturing products for use in or in connection with:
 (a) renewable energy generation, transmission, distribution or storage; or
 (b) greenhouse gas emissions reduction; or
 (c) energy efficiency; or
 (d) recycling; or
 (e) waste reduction; or
 (f) resource recovery;
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 manufacturing products that are wholly or primarily for use in or 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 manufacturing any of the following products:
 (a) advanced manufacturing technologies or materials technologies;
 (b) artificial intelligence technologies;
 (c) advanced information or communication technologies;
 (d) quantum technologies;
 (e) autonomous systems;
 (f) robotics technologies;
 (g) positioning, timing and sensing technologies;
 (h) biotechnologies;
 (i) space objects or products for use in, or in connection with, space objects;
 (j) other advanced technologies;
is a priority area of the Australian economy for the purposes of the Act.