Industry, science & resourcesAgencyExists today
Net Zero Economy Authority
NZEA
11 December 2024 – present
Statutory agency that promotes an orderly and positive economic transformation to net zero emissions, coordinating support for affected workers, regions and industries and facilitating investment in new industries.
How it came into existence
Established on 11 December 2024 under the Net Zero Economy Authority Act 2024, replacing the Net Zero Economy Agency, an executive agency in the Prime Minister and Cabinet portfolio.
- Net zero economic transformation coordination
- Regional and worker transition support
Legislation: Net Zero Economy Authority Act 2024
Changes during its life
- 2025Moved from the Prime Minister and Cabinet portfolio to the Industry, Science and Resources portfolio.
Main functions
- Energy Industry Jobs Plan for workers at closing power stations
- Coordination of Commonwealth net zero transformation programs
- Facilitation of investment in net zero industries
- Support for regions and communities in transition
- Engagement with governments, industry, unions and communities
Where it sits
In the portfolio of Department of Industry, Science and Resources.
- Type of body
- Non-corporate Commonwealth entity
- Portfolio
- Industry, Science and Resources
- Accountable authority
- Board of the Authority – Net Zero Economy Authority Act 2024 section 14(2)(b)
- ABN
- 47 465 420 890
Lineage
Loading lineage…
Sources
Primary sources
- List of Commonwealth entities and companies under the PGPA Act, 1 July 2026 (Department of Finance)
- Australian Government Organisations Register (Department of Finance, data.gov.au) (listed from 31 December 2024 to the latest release (30 June 2026))
Government records and websites
Some dates or links for this organisation are not fully confirmed. Corrections are welcome.