Australians can expect their electricity bill to rise by another 56 percent over the next two years—according to budget estimates—with the Labor government banking on a wider rollout of renewable energy sources to help bring down prices. The soaring energy costs comes despite pledges from Prime Minister Anthony Albanese prior to winning the May election…
Record Spend on Renewables as Electricity Prices to Soar by 50 Percent in Australia
October 26, 2022
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2022 federal budgetAustraliaBusiness & Marketseconomic policiesGene TunnyinflationInternationalJim ChalmersRobert CarlingWorld
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PM Apology for Slow Vaccine Rollout a Childish ‘Gotcha’ Game: Expert
A senior economist has said the media should not have needled Australian Prime Minister Scott Morrison into saying sorry for the slow vaccination rollout. Robert Carling, an expert in Australian government affairs and senior fellow at the Centre for Independent Studies, said the media were playing a childish “gotcha” game with the prime minister. “Needling…
Scott Morrison Says No to the Return of JobKeeper
In the face of mounting pressure from state governments, Australian Prime Minister Scott Morrison has said JobKeeper would not return. Morrison said JobKeeper was a program that was targeted at solving “last year’s problem” and that the current challenges were different. “You’ll recall that when we put JobKeeper in place, it took four to six…
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