“At a time when we need more investment to unlock the nation’s vast critical minerals potential, Australia’s investment environment is deteriorating at speed. You cannot keep throwing punches at Australian businesses and expect to maintain the same level of economic growth and job creation,” Ms Constable said in an opinion piece ahead of an appearance at Seven West Media’s Resources Technology Showcase.
This new mining boom is not our birthright. A steady stream of excessive interventions by governments have put Australia’s chances of reaping an incredible, long-lasting dividend from this new mining boom at genuine risk. These include heavy-handed industrial relations laws that impinge on productivity and threaten jobs. There is a genuine risk of Australia’s critical minerals remaining in the ground, as companies and investors prioritise foreign resources developments where costs are lower, policy settings more stable, and returns are higher. We need to seize the opportunity and not squander it. Because when Australian mining does well, Australians do well.
Commentary by WAN Editor-in-Chief Anthony De Ceglie courtesy of the West Australian.
The literature is replete with case studies that illuminate how special economic zones (SEZs) have been instrumental in catalysing industrial development. It also holds great appeal in a country’s quest to crowd-in private sector investment through both domestic and foreign direct investment flows. SEZs have become an important policy tool of choice for governments seeking to accelerate industrialisation, development and growth.
The special economic zones, the free zones and industrial zones are set to start a new stage of growth following the packages of incentives, facilities and tax and customs exemptions witnessed last year. Investors are interested in special economic zones, free zones and industrial zones as they accommodate various projects at the time. Last year saw completion of infrastructure facilities supportive to investments at the special economic zone Duqm, mainly Duqm Port.
Australia’s richest person has provided a rare insight into her initial struggles, motivations and ambitions after celebrating 30 years at the helm of what is now the country’s biggest private company.
Jim Chalmers’ plan to turbocharge public-private partnerships is being undermined by regulatory uncertainty, uncompetitive tax rates, low growth and cross-jurisdictional red tape that industry leaders say must be fixed to unleash investment across the country.
It’s the 100th YourLifeChoices podcast and today National Seniors chief advocate Ian Henschke joins John Deeks to talk about the issues currently facing retirees, the change to the Work Bonus and how it works. He also explains why he wants to “get rid of the fiddly bits, snakes, ladders and bonuses” and allow age pensioners to work and pay tax while keeping their Age Pension.
