Snowy Hydro has conceded it may miss its 2028 deadline for finishing the Snowy 2.0 project and revealed its “disappointing” Italian contractor Webuild could suffer losses depending on the size of a major budget blowout.
Labor’s proposed gas reservation scheme amounts to “nationalisation by stealth”, the head of one of the country’s largest domestic producers has warned, in one of the sector’s strongest attacks yet on the Albanese government’s proposed gas reservation reforms.
Australia’s richest person, Gina Rinehart, has fired a warning shot at Labor’s tax changes, saying the policy will backfire by pushing business investment to competing overseas jurisdictions.
Gina Rinehart says the Albanese government’s capital gains tax changes will ultimately hurt the federal budget bottom line as mining and other business investment moves offshore.
The climate catastrophe balloon is losing altitude but COP co-president Chris Bowen obviously has yet to get the message. As energy price pressures continue at home, Mr Bowen has set up a modestly titled “office of the presidency” inside his Climate Change and Energy Department for his additional responsibilities in Turkey for this year’s COP31 UN climate conference.
Today is Baking Day, and it’s a nice reminder of where our products end up.
In kitchens, in recipes, and in the moments people choose to make something from scratch. 🍰👩🍳