Hancock Prospecting named presenting partner of News Corp’s 2024 Bush Summit
Gina Rinehart said Australians are “truly fortunate to be able to enjoy the high quality of the agricultural products our farmers work so hard to produce.”
Economic storm clouds warrant a policy rethink
Too many aspects of economic policy, unfortunately, are heading in the wrong direction. The government should look at foundations set in the Hawke-Keating and Howard years and attend to basics, optimising conditions to encourage private sector investment, profit, employment, productivity gains and growth. Policies that limit the footprint of government by reducing regulation, holding down company tax and payroll tax at state levels, and giving employers and workers greater autonomy to negotiate work practices, pay and benefits to suit their industries would be a basis for reviving growth.
Call to reform Mabo’s $1bn native title dividend
Native title groups hosting Australia’s iron ore industry are holding more than $1 billion of net assets in trusts, but after 30 years of the native title regime, there is little to show for the vast majority of Indigenous Australians.
World Free Zones Organization Weekly News – 5 June 2024
Link here to read the latest Free Zones News
Reminding Australia of WA’s might
The nation’s largest group for miners will spend millions on reminding Australians of its contribution to the national economy, with a new advertising blitz to start from Monday.
Freshly armed with a new analysis of mining’s value to government revenue, the Minerals Council of Australia said $74 billion was contributed to all levels of government in the 2022-23 financial year.
Miners flex their $74bn revenue muscles
Miners have poured a record $74bn into the coffers of federal, state and territory governments, with the Albanese government pocketing $42.5bn in company tax revenue, and Queensland and NSW cashing in on booming coal royalties.
Gina Rinehart’s Controversial Solution to the Housing Crisis
Australian billionaire Gina Rinehart has offered some advice for Prime Minister Anthony Albanese as he struggles to secure a budget bounce.
Hidden Costs of ‘Cheap’ Solar and Wind Are Too High
Despite us constantly being told that solar and wind are now the cheapest forms of electricity, governments around the world needed to spend $US18 trillion on the green transition last year.
Pipeline Review Puts Gas on Hold
A major gas expansion seen as vital for Australia’s southern states to avoid shortages in the next two years has been put on hold due to a tough regulatory clampdown, with the fresh supply shock landing just days after the Albanese government warned of shortfall risks this decade.
Klaipeda FEZ selected among SDG Model Zones
The Global Alliance of Special Economic Zones (GASEZ) has selected Klaipeda Free Economic Zone (FEZ) in coastal Lithuania among the top 50 global Model Zone Partners that best reflect global sustainable development goals.
Iron ore climbs to multi-week high on lower shipments, hopes of China stimulus
Iron ore futures prices extended their rise to hit the highest level in multiple weeks on Monday, bolstered by an obvious reduction in shipments and hopes that top consumer China will roll out more stimulus to prop up its economy.
The insights of Nick Jorss
“The REAL horror of the mining/coal/oil/gas sector is the government support and rebates the industries get. Barely any of the profits from Australia’s resources even touch the Australian economy. Instead the money is quickly moved offshore to multinational conglomerates.” Let’s have a look at the facts: