The timing of Philip Lowe’s private meeting with bankers has sharpened criticism of the central bank, amid a review and growing doubts that his term will be renewed.
A submission from the Productivity Commission, based on unproven modelling, recommends the government does nothing to encourage the uptake of electric vehicles before 2035.
With the Albanese government having moved so quickly and decisively on a number of major policy fronts since it was elected in May, next year is shaping up as one of consolidation, to demonstrate the substance of what has been achieved.
Philip Lowe’s future as Reserve Bank governor looks in doubt – he’s short of allies as a major review looms, just months from a decision about his reappointment.
Scores of emails released under freedom of information show how the grand plan to take the Latrobe Valley’s coal-based workforce into the rapidly expanding electric vehicle industry was lost to politics and ineptitude.
Independent senator David Pocock is the government’s best hope of passing its industrial relations package. He says it’s ‘fascinating’ how lobbying works in Canberra.
When Mike Cannon-Brookes’s takeover of AGL failed, he opted for a mutiny, and it’s dragging one of Australia’s oldest companies – and our largest polluter – into a renewable energy future.
The surge in energy costs is pressuring the Labor government to find a way to stop gas producers gouging households and businesses and to claw back some of the windfall profits flowing to mostly foreign-owned corporations.
