From www.pwc.com.au: Prime Minister Anthony Albanese proposed a five-point plan to respond to recent U.S. tariffs on Australian imports, which includes $1 billion in zero interest loans via the National Reconstruction Fund Corporation to support affected sectors.

Key elements of the plan involve funding for industry peak bodies, establishing a strategic critical minerals reserve, prioritizing Australian-made products for government contracts, and strengthening anti-dumping laws.

The Government aims to support diversification and transformation of the Australian economy in light of global market uncertainty.