100 per cent sure Bowen knows best on renewables target
Infrastructure NSW chairman Graham Bradley has warned that poor planning, lack of community consultation and rising costs meant Labor’s renewables energy target was unrealistic.
Infrastructure NSW chairman Graham Bradley has warned that poor planning, lack of community consultation and rising costs meant Labor’s renewables energy target was unrealistic.
Peter Dutton’s plan to revive taxpayer-funded business lunches would cost the budget $1.6bn a year and potentially far more, according to Treasury analysis commissioned and released Labor.
Jim Chalmers has dismissed concerns from the nation’s largest business body that Labor will have to revisit its renewables target of 82 per cent by 2030 amid crippling energy prices and looming supply shortfalls.
Employers supplying food to the major shopping centre retailers and thousands of cafes, restaurants and pubs are urging Anthony Albanese to drop his 82 per cent renewables target and focus on ramping up coal and gas production.
Jacinta Nampijinpa Price says she will follow the principles of Margaret Thatcher in helping the Coalition give ‘power back to the people by implementing small government’.
After the US Federal Reserve kept rates on hold for the first time since July, JudoBank chief economic adviser Warren Hogan said it was ‘very much a cautionary tale for the RBA’.
As the odds overwhelmingly firm for an interest-rate cut in February, Jim Chalmers declares the government had handled the cost-of-living crisis better than other countries.
Australia’s big banks will not immediately follow US lenders in quitting the UN-backed Net Zero Banking Alliance but believe climate targets must be more realistic, amid a trans-Tasman push by Coalition MPs and NZ ministers to abandon the pact.
After inflation fell to its lowest level in four years, Jim Chalmers hailed ‘remarkable progress’ and said a soft landing for the economy now looked likely but he would refrain from giving the RBA any advice.
The Reserve Bank may resist cutting rates because its outlook is complicated by a strong jobs market, high government spending and a falling dollar, a new Deloitte Access Economics report says, despite underlying inflation moving towards the 2-3 per cent target band.
Original URL: https://www.theaustralian.com.au/author/greg-brown