News

The unparalleled advantage of nuclear energy

There is no escaping this impenetrable fact. If Australia is to remain competitive in the global marketplace, its industries must be given every opportunity to reduce emissions in a cost-effective way, while maintaining access to reliable baseload power.

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Red tape, costs kill MinRes mine

Lengthening approvals processes and rapid cost escalation has forcedMineral Resources to shutter its iron ore operations, according to thecompany’s iron ore boss, rather than concerns about the outlook for thesteelmaking commodity.

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Economic storm clouds warrant a policy rethink

Too many aspects of economic policy, unfortunately, are heading in the wrong direction. The government should look at foundations set in the Hawke-Keating and Howard years and attend to basics, optimising conditions to encourage private sector investment, profit, employment, productivity gains and growth. Policies that limit the footprint of government by reducing regulation, holding down company tax and payroll tax at state levels, and giving employers and workers greater autonomy to negotiate work practices, pay and benefits to suit their industries would be a basis for reviving growth.

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