Australia’s economy is at risk of being “boxed in” by its own capacity constraints that could lead to higher inflation and “little room” for further interest rate cuts, the Reserve Bank has warned, while economists say government spending on unproductive investments will compound the risk.
Government lawyers have asked a court to keep troves of evidence from public view in a judicial review scrutinising Tanya Plibersek’s decision to block the development of the $1bn Blayney gold mine.
Across the past half-century, environmentalists have predicted countless calamities. Extreme predictions typically were wrong, draconian countermeasures turned out to be mostly misguided, and we should be grateful we didn’t follow their harmful advice.
Australia’s red meat industry is demanding the Albanese government intervene to head off “ideological” manipulation of official dietary guidelines to curtail meat consumption on climate grounds, as a top food scientist is “purged” from a key role for not being sufficiently activist.
At the 2025 Bush Summit in Ballarat, Anthony Albanese defended his government’s increasingly radical plans to decarbonise the Australian economy by invoking the science.
Malaysia pledges significant financing, streamlined approvals and skills development to drive investor confidence and advance regional integration
Government not pulling its weight in lifting the inflation burden.
The resources industry has come out swinging over a Productivity Commission proposal for a 5 per cent cashflow tax as the federal government seeks a way to plug a budget black hole.
German energy giant RWE has scrapped plans to develop a major offshore wind farm in Victoria, delivering a fresh setback to the state’s already fragile energy transition.
Fortescue will be a big customer for zero-emissions mining equipment from China, having learnt the lesson that developed nations cannot compete with China on manufacturing.
One of Labor’s most successful premiers, Mark McGowan, and business chiefs are warning Jim Chalmers to prioritise spending restraint over higher taxes, as trade unions demand new levies on property investors, gas companies and the wealthy to plug the budget black hole created by the overhaul of the super tax.
