Record renewables go into the grid in 2024, generating 45% of electricity in 2025
This year will set a record for the addition of renewables to the grid, according to figures to be released on Thursday by the Clean Energy Regulator. …
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National
View from The Hill: An ugly fracas in the Senate leads to suspension of Lidia Thorpe
Wednesday saw an ugly incident that brought shame on the Senate. It was shocking – full of provocation, accusations of
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Deloitte predicts December budget update will show bottom line has worsened since May, in fiscal ‘thud’
Next month’s update of the federal budget will forecast a bigger deficit for 2024-25 than was predicted in the May budget, according to the Deloitte Access Economics’ Budget Monitor. …
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View from The Hill: Albanese government crumples on misinformation bill and gambling advertising
“Big Tech” is celebrating one victory over the Albanese government, but is set to lose on another front. Ahead of
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Grattan on Friday: Marles plays a defensive bat on nuclear as the government rushes to get through late work
The treasurer was at his most hyperactive this week, with an economic statement to parliament, reforms to superannuation, and a new set of priorities for the Future Fund. …
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Payments System Board Update: November 2024 Meeting
At its meeting today, the Payments System Board discussed a number of issues, including: Assessment of the New Payments Platform.
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Australia’s $230 billion Future Fund encouraged to invest in housing, energy transition, infrastructure
The Albanese government has rewritten the mandate of the Future Fund – the nation’s sovereign wealth fund – to urge it to direct investment into the “national priorities” …
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Senate censures Lidia Thorpe for disupting King’s reception and Ralph Babet for posting hate speech
The Senate has censured two of its own, Lidia Thorpe and Ralph Babet, both of whom were absent when the votes were taken because of problems with their flights to Canberra. …
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NACC head Paul Brereton says resigning in the face of bad publicly would ‘undermine’ the commission
The head of the National Anti-Corruption Commission. Paul Brereton, has rejected calls he resign after a finding of “officer misconduct”, declaring to do so would harm the NACC. …
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Government to impose ‘duty of care’ on digital platforms: Communiations Minister Rowland
The Albanese government will develop and legislate a “Digital Duty of Care” to place the onus on platforms to keep people safe and better prevent online harms. …
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