Argentina’s economy emerged from a severe recession in the third quarter of 2024 in a milestone for libertarian president Javier Milei in his bid to end the country’s long-running crisis.
The Business Council is concerned an increase in government spending, shown in the Mid-Year Economic and Fiscal Outlook (MYEFO) will hamper a private sector-led recovery, which is critical to easing cost-of-living pressures and building a more competitive economy.
Another gold miner facing a heritage protection claim — this time near a producing mine — is adamant the challenge will not hurt its growth plans, despite there being no deadline on the Federal Government to deliver a verdict.
After a year in which a chorus of voices has constantly talked down the role of business, it was refreshing to hear Treasurer Jim Chalmers note that “the best kind of growth is private sector-led”.
As Australia grapples with a stagnant private sector, sticky inflation and declining living standards, it is obvious the economic model of the past 15 years is not working.
If ever an industry needed reform to cut costs for businesses and reduce living costs, it is shipping. Commerce is being crippled by rules Anthony Albanese devised as transport minister in 2012 to prop up the faltering domestic shipping sector.
On the 22nd November, people travelled from all over Australia, to come together in outback Australia to celebrate National Mining and Related Industries Day. The gala event was held at Santos’s Moomba gas field in South Australia.
Imagine a foreign organisation was secretly funding a sophisticated campaign to damage Australia’s economy, divert billions of dollars of investment away from our country, destroy tens of thousands of our blue-collar jobs and bring Australia’s leading position in economic exports to an end.
When Rio Tinto’s board recently met in Montreal, there were half a dozen top officials from the Quebec government as well as senior ministers from Ottawa. the Canadian capital, along for a session.
The Environmental Defenders Office and the consultants they used to prepare the heavily criticised evidence at the centre of their failed legal challenge against oil and gas producer Santos are set to be referred to the National Anti-Corruption Commission.
There was “no person” on Tanya Plibersek’s staff who could tell if the Blayney goldmine could recover from her heritage decision, department documents show, despite later assurances there was “no impediment” to it.
The country’s new free zones plan can foster its rich tech and services potential.