When Donald Trump threatened tariffs on European allies during the Greenland dispute, the Australian dollar increased in value against its US counterpart. The movement was odd, given the Australian currency […]
Read MoreThe world dropped the ball on critical minerals and China pounced. Is it too late for Australia and the US to close the gap?
Almost eight years to the day after the last Holden rolled off an Adelaide factory assembly line, Anthony Albanese announced a $13bn deal with Donald Trump to help champion a […]
Read MoreMining giants must pay rent tax so Australians don’t miss out on critical minerals cash boom, MPs say
Crossbench MPs are reviving calls for a mining rent tax to guarantee taxpayers a “fair cut” of a potential critical minerals boom. Independents David Pocock, Allegra Spender and Kate Chaney […]
Read MoreIf government bailouts of miners and steelmakers are the new normal, Australia needs a better strategic vision | John Quiggin for The Conversation
The federal government’s announcement of a A$600m rescue package for Glencore’s copper smelting and refining operations in Mount Isa and Townsville marks a definitive shift in Australia’s industry policy. The […]
Read MoreAlbanese hopes China’s reported BHP iron ore ban ‘very much short-term’ as ASX dips
The treasurer, Jim Chalmers, will meet with the boss of BHP amid a shock report that the world’s largest mining company faces a Chinese blockade on its iron ore shipments. […]
Read MoreValue of Australia’s coal and gas exports will plunge 50% in five years, treasury modelling forecasts
The value of Australia’s coal and gas exports is predicted to plummet by 50% over the next five years as global demand for fossil fuel falls, according to Treasury modelling. […]
Read More