The Victorian Budget 2022/23 was handed down today.
Funding announced includes $7.4 million to search for and develop rare earths and minerals critical to manufacturing renewable energy components and a range of other advanced manufacturing sectors.
A further $7.8 million will support strong regulation of Victoria's gas resources as the state reduces our reliance on natural gas and transition to more sustainable options.
The State Budget also sets aside $2 million to streamline minerals and extractives regulation, helping quarries provide affordable materials for infrastructure and housing projects.
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