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The National Mining Day event hosted by Santos and sponsored by many leading mining companies was at Moomba in South Australia last week. This event celebrates the mining sector and its enormous contribution to Australia and its high standard of living.

As Australia’s richest person, Gina Rinehart has few qualms about giving out advice to the country’s leaders – and the odd museum curator.
But Rinehart, who was in South Florida to soak up the vibes at Donald Trump’s victory party, has returned to Australia with a spring in her step, even more buoyed by the immense wisdom shown by about 74 million Americans earlier this month.

Senex Energy’s $1bn Atlas project, one Australia’s first large-scale gas developments to come online in years, will deliver its first supplies to the market within a week – as joint owner Gina Rinehart said the project’s delays were indicative of Labor’s attempt to kill Australia’s resource sector.

Mining billionaire Gina Rinehart’s rallying cry to Australians ahead of the federal election is “make our bank accounts great again” as she urges the Coalition to follow the lead of Donald Trump with an uncompromising policy agenda.

This past week confirms the Albanese government is worse than even Whitlam’s
– not just incompetent but shameful and dangerous.
It’s already made Australians poorer, with real disposable income per household falling over the past 18 months.

Australia is in a rut: becoming older, flabbier and less nimble to play to the conditions.
The nation is getting more expensive to run, invest in and house, revealed by a bulging and indebted state, an overly regulated private sector, threats of capital flight and the punitive cost of homes.

In a week when the Albanese government shifted the nation closer towards the planned economy favoured by the left, which seems incapable of understanding the process of wealth creation, the Business Council of Australia pressed ahead with its drive to encourage government to overhaul economic policy to encourage productivity improvements.

Australia is confronted by three big changes in our strategic circumstances that are making our steady-as-you-go approaches to security and economic development untenable.
We face a markedly increased risk of war in the Indo-Pacific; the global economy is restructuring rapidly in adverse ways; and the Australian economy has stalled with essentially zero productivity growth, declining international competitiveness and a flight of much-needed investment.

The last week has seen the creation of a new Australian cottage industry in making predictions about how Donald Trump would hurt the Australian economy. Tariffs, inflation, war, the death of democracy, you name it.

It’s been dubbed a “super-emitter” event – but COP29 is also a super-spender, with revelations taxpayers have been slugged more than $870,000 for a pavilion to allow federal government bureaucrats to “tell their diverse stories of Australia’s climate action”.

In all the post-US election commentary we’ve seen, one question has yet to be posed: what inspiration can Australian policymakers draw from Donald Trump’s second-term economic agenda? Let’s resist the temptation to either demonise or lionise Trump’s policies by association with the man himself and consider them dispassionately.

The Business Council is calling for a national de-regulation agenda to boost economic growth by cutting red tape, and the plan outlined today by the corporate regulator, ASIC, to reduce regulatory complexity is strongly welcomed.