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WA Budget 2025: Powering Battery Manufacturing Through Grants and Loans

Western Australia is charging ahead with its clean energy transition, and the 2025–26 WA State Budget puts battery manufacturing front and centre with grants and other incentives. With $50 million allocated specifically to support local battery manufacturing, and billions more across the broader renewable energy ecosystem, the Cook Government is giving WA businesses a unique opportunity to lead the global energy shift. If you’re a business owner looking to scale production, access new markets, or innovate in energy storage, now is the time to act.

Local Battery Manufacturing Support: What’s Available?

The WA Government’s Local Battery Manufacturing Program has earmarked $50 million to supercharge the development of a robust battery manufacturing industry in WA.

• $30 million in direct grants: Eligible WA manufacturers can apply for grants of up to $10 million, which must be matched dollar-for-dollar by the business, to expand production and tap into local and international markets.
• $20 million in low-interest loans or access to state government land: This funding is designed to lower the barriers to investing in technology, infrastructure, and production capabilities.

This package complements other Budget initiatives, including the $337 million WA Residential Battery Scheme and the Federal Government’s Cheaper Home Batteries Program, which together aim to bring battery storage to around 100,000 households across the state. These incentives are part of a broader strategic push to secure WA’s position as a clean energy powerhouse and to bolster manufacturing jobs across the state, in line with Federal Labor’s “Future Made in Australia” program.

How to Qualify – and Why You Should Act Now

While the WA Government has not yet released the full eligibility criteria for the Local Battery Manufacturing Program, businesses can begin preparing based on what’s typically required in similar State-run initiatives.

Based on previous programs, prospective applicants will likely need to:

• Operate within WA’s battery manufacturing or renewable energy supply chain.
• Demonstrate co-investment capacity (for example, matching funding for grants).
• Outline plans for growth, innovation, and job creation.
• Present a clear alignment with WA’s clean energy and industrial development goals.

These inferred requirements give business owners a valuable head start. Grant programs like this tend to attract high interest and have tight deadlines — so preparing early can significantly boost your chances of success. Engaging advisers and grant specialists now can help ensure you’re ready when the official guidelines and application process are released.

Crucially, these programs offer more than just capital support. They’re a launchpad for establishing a competitive edge in a growing market and becoming part of the solution to WA’s energy transformation. The outlook for the future has coal no longer part of WA’s energy mix, making space for local solar, wind, and storage technologies to shine.

The Importance of Specialist Advice

Accessing government grants and incentives can be complex, as applications are rigorous, and the stakes are high — one mistake could mean a missed opportunity. That’s why obtaining specialist support from experts in this field is important to ensure the best outcome for your grant application process. Our colleagues at Matthews Steer’s Innovation & Grants division provide a fantastic service that gets real results.

Led by Dr Richard Wraith, a PhD-qualified R&D specialist with over $250 million in secured funding for clients, the Matthews Steer team brings unmatched expertise across engineering, science, and technology to help you:

• Identify the right grants for your business.
• Prepare compelling and accurate submissions.
• Ensure record-keeping and reporting requirements are met.
• Liaise with government departments on your behalf.

Their understanding of government grants and experience in this field helps clients get applications across the line, backed by 30+ years of business, tax, and financial expertise to support your growth beyond the funding stage. If you’re developing new technologies, scaling operations, or expanding into new markets, our team here at McKinley Plowman (with the support of specialist advisers like the Matthews Steer Innovation and Grants team) is ready to help you unlock these significant opportunities — so your innovation doesn’t go underfunded or overlooked.

Don’t Miss the Battery Boom

The 2025–26 WA State Budget is more than numbers — it’s a roadmap for WA’s industrial and clean energy future, including battery manufacturing grants. With a strong focus on local manufacturing, renewable energy, and workforce development, now is the time for business owners to think big and act fast. Whether you’re already in the battery manufacturing space or looking to enter, these grants and loans offer a rare window to secure support, scale your capabilities, and make your mark on a cleaner future for WA and beyond.

Need help navigating the process? You can reach out to us via our website or on 08 9301 2200 for an introduction to Matthews Steer’s Innovation & Grants team. For more info on their service, please follow this link: matthewssteer.com.au/services/innovation-grants

written by:

Dominic Rollerson

Dominic has over 25 years of experience in working alongside business owners in both Australia and the United Kingdom including a number of years working in commerce. With a high level of expertise in business structuring, business acquisitions/disposals and business planning, coupled with a broad range of experience in dealing with businesses from start-ups through to listed companies, on both an Australian and international basis, Dominic has amassed a wealth of experience in understanding what makes a great business and focusses on partnering with businesses in an action focussed, yet light hearted manner.
Dominic is a member of the Chartered Institute of Accountants of Australia, a Chartered Tax Advisor, a Fellow of the Association of Chartered Certified Accountants, a Fellow of the Chartered Institute of Secretaries and a Fellow of the Governance Institute of Australia.