Australia’s clean energy future being stalled by government opposition to nuclear

The Minerals Council of Australia (MCA) has declared that the nation’s net zero future is being held back by a government failure to see nuclear energy as a key solution to reducing emissions. “We need all energy options on the table, to ease the burden on heavy industry and manufacturers, and ensure they maintain their international competitiveness,” Ms Constable said in releasing the MCA’s “Nuclear: Decarbonising Australia’s Industrial Heat Sector” report.

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MEDIA RELEASE : MCA Releases New Report On Nuclear Energy For Industrial Heat

Tania Constable | November 2023 | Chief Executive Office

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Critical moment in the region’s history

Western Australia’s Kimberley is regional Australia at its most extreme, whether it is in scale, beauty, challenges or opportunity. And it is a region at a crucial moment in its history. When record-breaking floodwaters swept through much of the region earlier this year, following well-publicised social unrest and crime last year, the region’s immediate prospects looked difficult. Yet it is a region that has continued to capture imaginations, with the area now emerging as a prospective new renewable energy hotspot and drawing a new generation of investment that could take it closer to finally capitalising on its potential.

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News Australians are ready, willing, and able to work – let them!

Currently, only 3 per cent of pensioners work in Australia, compared to 25 per cent in New Zealand. This is not because pensioners in Australia do not want to work. Research has shown that around one in five want to work, but do not, because of unfair tax and red tape barriers.The solution is to follow New Zealand’s approach by removing all red tape on pensioners, students, and veterans. This would mean that these Australians could earn as much income as they would want, without losing their pension payments or welfare benefits. Of course, they would still pay income tax like every other Australian worker. Removing all red-tape and barriers for Australian pensioners, veterans, and students to get back into the workforce, without suffering significant financial penalties, is a simple and effective policy measure that is good for them and good for our nation. More Australians working means higher government revenue through income tax, GST, and payroll tax, which can be reinvested into infrastructure and used to pay down our debt.

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Media Release | The Hon Madeleine King MP | Support for WA rare earths project to boost jobs and commitment to net zero

17 January 2023.

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World Free Zones Organization News

Includes video referencing how the creation of special economic zones are strategic are in expanding the economy.

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World Free Zones Organization News

Link to current newsletter.

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An Insight Into SEZs

Special Economic Zones (SEZs) were established in many countries as testing grounds for the implementation of liberal market economy principles. While viewed as economic policy tools for enhancing the acceptability and credibility of industrial transformation policies, attracting domestic and foreign investment and also for the opening up of the economy, SEZs also seek to promote the value addition component in exports, generate employment, encourage import substitution as well as mobilise foreign exchange in the countries for Balance of Payments support.

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UAE Corporate Tax law will continue incentives for free zone based entities

The UAE Ministry of Finance (MoF) has released a public consultation document inviting comments from stakeholders on the proposed legislation. A progressive step by the Ministry, which provides an opportunity for businesses to play a key role in formulating the UAE Corporate Tax law.

While there is no tax on individual income, income from activities carried out by individuals through a commercial license would attract the tax. Further, federal and emirate governments, their departments, and companies carrying out sovereign activities, companies engaged in the extraction of natural resources, charities, pension funds, investment funds (subject to conditions) would be exempt.

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Infrastructure project delays risk derailing economic growth

“The drought, the bushfires, the extreme weather events have really highlighted the importance of taking those shocks and stresses into our decision making right at the planning phase,” Ms Madew said.

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