Governments must break their addiction to spending or taxes as a share of GDP will soar, hurting living standards and growth. Victoria’s parlous situation exemplifies the risks.
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WA fails to deliver on promise of reliable and greener power supply to $800m Lynas processing plant
The world’s biggest supplier of non-China rare earths, Lynas, is evaluating diesel fuel and gas alternatives to a defective power supply contract that has intermittently stranded its $800m processing plant near Kalgoorlie.
Read moreBEHIND THE FOUR POWERFUL FORCES HOLDING BACK AUSTRALIA
BHP’s massive copper expansion in South Australia was once a certainty, but the megaproject is now shaping up as a test of Australia’s economic future
Read moreWherever you are, happy Mining and Related Industries Day!
Let’s recognise and celebrate the people, innovation, resilience and can-do spirit that make mining great!
Read moreNET ZERO HIT TO DIVIDENDS
Rinehart: Rio & BHP shareholders pay price of green policies
Read morePeter Costello slams ‘politically correct’ Productivity Commission
Former treasurer Peter Costello has accused the Productivity Commission of becoming ‘politically correct’ and failing to challenge the Albanese government on workplace reforms.
Read moreFor Thriving Small Businesses
Led by Executive Chairman Gina Rinehart AO, we’re for supporting agriculture and all related industries to thrive.
Read moreINSOLVENCIES RUNNING AT THEIR HIGHEST LEVEL SINCE PANDEMIC
Financial regulators are sharpening their focus on the consumer credit market, warning that more Australians are going bust due to bad car loans and ballooning personal debts.
Read moreInside Argentina’s economic revival that has torched economic orthodoxy
‘To be completely frank, if we have a net zero policy, I don’t know what it is. The bottom line is we need to create wealth.” This is what one of Argentina’s senior government ministers tells me halfway through an interview in Buenos Aires this week.
Read moreBoxed-in economy has no room for rate cuts
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.
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