Category: News

Amid rising global protectionism and greater competition for capital, Australia must sharpen its competitive edge even further.

Chiefs in the infrastructure and energy sectors warn Labor’s 82 per cent green power target is unrealistic and coal-fired power stations must stay open, as the ­Albanese government slapped down business pleas to reconsider its renewables-only strategy and said they would be listening to “experts”.

The massive cost blowout of Australia’s largest energy transmission project will come at the expense of energy consumers.

Mineral Resources’ balance sheet has received a welcome boost of $780 million from Gina Rinehart’s Hancock Prospecting through the flash sale of its WA gas assets in October.

Amid the political fight over the Coalition’s nuclear plan, the flaws in the federal government’s own renewables-driven energy models – and the huge hidden costs to consumers – are being exposed.

Mineral Resources has completed selling its gas exploration permits EP 368 and 426 to Gina Rinehart's Hancock Prospecting for an initial consideration of $780 million.

Western Australia will have enough gas to keep the economy running until 2027, but a big long-term shortage is still looming.

Energy Minister Chris Bowen has backed new powers allowing states to mandate the extension of retiring coal-and-gas-fired power plants, sparking Coalition criticism that Labor is being “dishonest” about longer-term reliance on thermal generation under its energy transition plan.

Energy Minister Chris Bowen is keen on the notion of Australia being a renewable energy superpower.

Andrew and Nicola Forrest’s Squadron Energy and oil giant BP’s renewables arm Lightsource are among 11 companies to get federal government revenue guarantees in the first major auction of the Capacity Investment Scheme.