Yesterday
‘Don’t panic’: Data centres claim their power needs are overstated
Phantom demand is making the pipeline of data centre electricity connections look scarier than it is, industry says as it faces new rules to make it pay.
This Month
You promise, you pay: NSW throws Tomago rescue back to feds
The NSW Government is digging in its heels and pleading poor over the GST distribution in the face of federal pressure to bail out the Tomago aluminium smelter.
Batteries, coal push out East Coast gas shortage to 2029
Delays in coal power station closures and a wave of battery storage projects have cut expected demand for gas, helping ease the imminent threat of a shortfall.
Stand up to whinging gas giants
Readers’ letters on a controversial drawing in The Australian Financial Review, gas tax, replacing Jacinta Allan, and self-managed superannuation funds.
Snowy suffers fresh pain over Kurri Kurri project delays and costs
S&P Ratings has warned that the cost blowouts at the project and at Snowy 2.0 mean the company will need more financial support from the federal government.
Victoria to force retailers to offer free power during the day
The Allan government says the scheme could save households with solar panels and batteries $1070 a year, but retailers warn there are hidden costs.
Labor GST row threatens Tomago smelter bailout
The Albanese government is pushing NSW Premier Chris Minns to make a bigger contribution to its multibillion-dollar rescue package for the Tomago aluminium smelter.
Labor set to announce massive subsidy package for Boyne smelter
Rio Tinto’s Boyne aluminium smelter is set to be the latest large manufacturing facility to receive taxpayer support.
Twiggy and BHP lock horns over diesel excise rebate
BHP has warned against pushing too quickly to decarbonise the mining industry, given the realities of the international oil shock.
Why Australia must weaponise its LNG abundance now
Forget the old playbooks; the new world order demands economic statecraft. Australia must leverage its LNG exports immediately to secure its energy needs.
Multibillion-dollar cost blowouts prompt calls for grid rethink
Consumers will be on the hook for higher power bills unless changes are made to the way big network projects are designed and approved.
The $300m power play: Inside the plan to save Tomago
The Albanese government says its plan to save a failing aluminium smelter will turbocharge Australia’s energy transition. But at what cost?
Tomago bailout could lock taxpayers into $300m annual subsidy
A complex deal to save Australia’s biggest aluminium smelter could cost at least $300 million a year in public funding for the next decade.
Woodside faces slower green ammonia start-up as customer demand lags
The delay to the start of low-carbon ammonia at a plant in Texas comes as the company confirmed its $7 billion target for clean energy investments by 2030 despite the Iran war.
Data centre tax worries to be ‘worked through’: Mulino
Assistant Treasurer Daniel Mulino says Australia is a top target for global data centre investment, despite big tech concerns about tax treatment.
Andrew Forrest puts his best foot forward in London
Iconic boot maker R.M. Williams is expanding in the UK market, but the brand faces a challenge to gain more than a toehold among the well-heeled set.
‘Too east-coast focused’: WA could overhaul AEMO’s role
Western Australia has quietly launched a review of the state’s power grid operator, which could result in some of its independent functions being reined in.
US private equity buys JERA stakes in Gorgon, Ichthys LNG
The sale of minority stakes in two of Australia’s biggest LNG projects to MidOcean comes as prices for the fuel have surged with the shutdown of export giant Qatar LNG due to the Iran war.
Fuel price fears set to light a rocket under EV sales
Fears of a sustained rise in the price of petrol has already led to a surge in new electric vehicle inquiries, according to car dealers.
Australian policy goes from banana republic to Bizarro World
Former Productivity Commission boss Gary Banks slams current policy debate for “gaslighting” the public while real wages and productivity continue to slide.
