Shadow treasurer Angus Taylor says a global trend among foreign governments to increase subsidies for domestic manufacturing did not make the case for Australia to do the same, as he criticised Labor’s Made in Australia plan for lacking detail.

Asked on ABC Insiders whether the US, Europe and Japan’s subsidies for companies related to the energy transition, critical minerals and quantum computing justified similar measures in Australia, Taylor said no.

He said at this stage “we don’t really know” what the Albanese government’s domestic manufacturing plan, Made in Australia, entailed.

He also said the government needed to “get the basics right” before rolling out further subsidies for the manufacturing sector.

“If you don’t get the basics right, no amount in government subsidy will make up for it,” he said.

Taylor next criticised the government for not releasing enough details about its subsidies for Australian solar panel manufacturer, SunDrive, and for investing in PsiQuantum, a quantum computing company based out of Silicon Valley.

Pressed whether the Coalition would support subsidising the operations of private nuclear power companies, Taylor said yes.

“We’ll have more to say about nuclear in time but, yes, I do, of course. Any energy source that’s going to be able to deliver affordable, reliable energy and bring down emissions at the same time has to be able to deliver a commercial return and I think it will be able to.”