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Australia Commits Funds to Tackle Southern Algal Crisis

Australia Commits Funds to Tackle Southern Algal Crisis

Bloomberg21-07-2025
Good morning, it's Carmeli in Sydney here to bring you all the latest headlines.
Today's must-reads:
• Australia's algal bloom crisis
• ABS will publish monthly inflation
• Goldman Sachs hires Apollo executive
Australia's government has unveiled an assistance package of at least A$14 million to help tackle a growing algal bloom crisis off the southern coast that's killing marine life and damaging regional fisheries. Environment Minister Murray Watt described the unfolding natural disaster as 'a very serious event' and said the federal funding was intended to help clear dead wildlife and provide assistance for tourism and fisheries.
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