The true cost of Snowy Hydro 2.0 has spiralled to $42bn and should be the subject of a Royal Commission into “one of the biggest disasters” in Australian infrastructure, economist Bruce Mountain and energy executive Ted Woodley said.
When it comes to the ancient art of wool pulling, our federal Labor government is up there with the world’s best, writes Mike O’Connor.
The spectacular fire at the Viva Energy refinery in Geelong is yet another reminder not only of our increasingly fragile fuel security but how pathetically we’ve been governed.
The Minerals Council of Australia (MCA) has backed a call by industry groups to slash red tape by 25 per cent, warning slow and complex approvals are undermining the nation’s competitiveness for mining investment.
This generation drove the movement that strongly advocated for carbon emissions to be slashed.
Australia faces a glut of old solar panels polluting the environment by leaching toxic chemicals into landfill with no viable reuse or recycling solutions available, the government’s own Department of Climate Change and Energy has warned.
Treasurer Jim Chalmers has shocked foreign investors in local mining, energy and infrastructure by imposing a retrospective capital gains tax dating back 20 years to raise billions of dollars for the federal budget, sparking warnings he is discouraging future investment in Australia.
Companies at the top of road transport supply chains such as Coles and Wesfarmers will be forced to cover the fuel cost rises of truckie owner-drivers under landmark orders proposed under Labor’s laws, as unions also seek to lift their minimum wage claim this year beyond 5 per cent.
While you are in Singapore perhaps you should ask your hosts why Australia, the most RESOURCE RICH country on earth and a NET EXPORTER of fossil fuels/energy, has to beg for essential liquid fuels from Singapore, a county with ZERO oil or gas of its own, Zero mineral resources, Zero raw materials for industry, and has to IMPORT EVERYTHING from food, fuel, minerals, metals, manufacturing inputs, building materials, and even has to import drinking water for its citizens?
Producers’ complaints about unwieldy and costly approvals processes have taken on an extra edge amid worries on domestic shortages and a global LNG squeeze.
