News

While our political leaders no doubt are focused on the potential for interest rate relief before the federal election, they should instead be preoccupied with how to lift productivity and grow the economy.

Western Australia’s powerful resources industry has issued a massive rebuke of the Albanese government’s green agenda and industrial relations policies in the countdown to the federal election.

Australia is in desperate need of economic reform. Productivity is low, private investment is stagnating, and Australians are personally struggling after nearly two years of a per capita recession.

Anthony Albanese has backed in his government’s critical minerals tax incentive despite concerns from mining groups – now echoed by the West Australian Labor government – about duplication of green tape and Indigenous consultation under the Future Made in Australia agenda.

A doubling up of green tape and mandatory Indigenous consultations sparked by Anthony Albanese’s Future Made in Australia agenda will threaten the development of the critical minerals industry and hamper the nation’s chances of competing with China, miners and security experts warn.

Big four predict gloomier year ahead for all-important commodity.

There is something seriously wrong with the federal budget.

The lobby group representing WA’s biggest players in mining has lambasted “harmful” Federal Government policies as waning commodity prices and a slowing Chinese economy cruel the Federal Budget.

Western Australia will have enough gas to keep the economy running until 2027, but a big long-term shortage is still looming.

Lobby groups representing Australia’s biggest miners have hit out at Albanese government policy settings with forecasts for sharp falls in commodity prices factored into a $22bn budget blowout revealed by Treasurer Jim Chalmers.

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.

National Mining and Related Industries Day 2024 was hosted in November at Santos’s Moomba gas field in South Australia’s Cooper Basin. The event featured a range of speakers, including Gina Rinehart, founder of the day and patron of Hancock Prospecting, as well as opposition leader Peter Dutton.