A major manufacturing initiative won’t replace private investment with taxpayer funds, the treasurer says. On Thursday the prime minister unveiled the Future Made in Australia Act, aimed at promoting local manufacturing and safeguarding the nation’s control over resources and critical minerals. It soon drew criticism from business...
Western Australia can become a leading global source of responsibly sourced battery minerals but government support will be “critical”, a mining conference has heard. “Government support at both the state and commonwealth level is critical if we are to effectively overcome pressing issues and maximise the...
NSW has broken the record for the most annual rooftop solar installations of any Australia state, but Queensland is the first to surpass the one million mark. One in three households and businesses are installing the technology, according to a Clean Energy Council report released on...
Whether or not strength in the labour market has staying power will be the key economic question under review this week. The release of the Australian Bureau of Statistics’ March labour force data on Thursday will be watched carefully after a robust reading in the month...
The heads of Coles and Woolworths have been subjected to a parliamentary grilling at a Senate inquiry on Tuesday examining supermarket prices. “It’s very hard to say that we have price gouging.” – Woolworths CEO Brad Banducci “We acknowledge that we don’t always get it right, but all...
Sales of hybrid cars have more than doubled in Australia during the past year in a trend that is eating away at the popularity of petrol and diesel vehicles. Hybrid vehicle sales have jumped by as much as 60 per cent in some states and territories...