Coalition supports coal plant upgrade
The upgrade will add an extra 30MW into the electricity market and reduce emissions by more than 1 million tonnes.
The upgrade will add an extra 30MW into the electricity market and reduce emissions by more than 1 million tonnes.
Iron ore and coal exports will carry the economy through to the end of June.
Josh Frydenberg throws a staggering $507bn in tax cuts, cash payments and wage subsidies to drive business investment.
Scott Morrison will keep the migration cap at 160,000 places next year and boost recruitment of highly skilled foreigners.
Average families will receive up to $5000 in income tax relief and young Australians will be targeted through a back-to-work wage subsidy.
Josh Frydenberg will announce tax concessions for an additional 20,000 businesses and exempt eligible companies from fringe benefits tax.
BHP chief executive Mike Henry has backed metallurgical coal for the long term and believes demand will be needed ‘for a long time yet’.
Mike Henry has called for big business to lead Australia’s post-pandemic economic recovery.
Scott Morrison will announce a $1.3bn Modern Manufacturing Initiative to leverage co-investment across six priority areas.
The $5bn Northern Australia Infrastructure Facility will have its scope broadened and funding fast-tracked to accelerate the rollout of projects.
Original URL: https://www.theaustralian.com.au/author/geoff-chambers/page/179