The state government’s Metronet project will receive some federal funding with more than $1 billion allocated in the budget.

The Federal Government has unveiled a $22.7 billion price tag for its Future Made in Australia initiative, including a production tax incentive for critical minerals – starting in 2027.

The federal government has poured in billions of dollars to ease cost-of-living pressures, including $3.5 billion in energy bill rebates and tax cuts from July 1.

Shares in Fleetwood regressed on Tuesday, following news the company's anticipated earnings before interest and tax would likely dip below the present consensus of analysis.

Justin Fris speaks to Nadia Budihardjo about Matt Fulton, the chief executive of the WA Institute of Sport.