Labor denies dead fish crisis a threat to hosting UN climate meeting

6 hours ago

Pressure on the Albanese government to help scientists deal with South Australia's devastating algal bloom has intensified, with the Liberals backing calls by the Greens to provide funding and for a parliamentary inquiry to probe the extent of the ecological catastrophe.
A day after The Australian Financial Review reported the federal government had twice rejected appeals by ocean scientists for funds so they could monitor the bloom, which has killed tens of thousands of marine animals in just three months, conservation groups voiced scepticism about Australia's suitability to host next year's United Nations annual climate summit.

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‘Incredibly tough': Calls for PM to address over-regulation and over-taxation in business

Sky News AU

2 hours ago

Sky News AU

‘Incredibly tough': Calls for PM to address over-regulation and over-taxation in business

Wilson Asset Management founder Geoff Wilson says one of Australia's largest business problems is over-taxation and over-regulation, calling upon the Albanese government for an end to the 'pleasantries'. This comes amid Prime Minister Anthony Albanese's address at Australia's Economic Outlook 2025. 'It's an incredibly tough environment,' Mr Wilson told Sky News host Danica De Giorgio. 'What we need the government to do is to not overtax and overregulate – and that's the problem that all Australian companies have got at the moment. 'We don't want any more pleasantries, our small, medium-sized, and even large companies in Australia need some action by this government. 'Something has to be done.'

Labor weighs critical aid package for Vic offshore wind

AU Financial Review

4 hours ago

AU Financial Review

Labor weighs critical aid package for Vic offshore wind

The Albanese government is considering a multibillion-dollar funding package to help the cash-strapped Victorian government underwrite the state's offshore wind plans amid industry fears that a lack of financial support could see key players walk away. The fresh negotiations between the state and federal governments come as widespread delays to critical renewables and poles-and-wire projects threaten to undermine the state's energy security by slowing down the closure of its ageing coal power plants.

AU Financial Review

5 hours ago

AU Financial Review

Inside Labor's defence spending fight

Senior ministers are frustrated the Defence Department has failed to meet milestones and stick to project budgets, fuelling reluctance within the Albanese government to lift military spending despite pressure from the Trump administration. Defence Minister Richard Marles is weighing a restructure of the sprawling defence bureaucracy, with expectations some senior officials will be moved on and a troublesome procurement process overhauled.