News in brief…31 July 2026

Legislation outlining HPTI grid matching requirements registered; Strait of Hormuz closure causes biggest rise in import prices in nearly half a decade: ABS

Legislation outlining HPTI grid matching requirements registered The Federal Government has registered a legislative instrument that prescribe the grid matching requirements for the Hydrogen Production Tax Incentive (HPTI). The Income Tax Assessment (Hydrogen Production Tax Incentive—Grid Matching Requirements) Instrument 2026 outlines the requirements which are intended to ensure that where renewable hydrogen is produced using renewable electricity, that electricity is connected to t...

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Published Date: 31 July 2026