The A$30 billion Sun Cable crash is a setback but doesn’t spell the end of Australia’s renewable energy export dreams

By Bruce Mountain, Victoria University Sun Cable – considered to be the world’s biggest renewable energy export project – announced last week it had entered voluntary administration following “the absence of alignment” with shareholders. Sun Cable is expected to cost over A$30 billion. It proposes to build an enormous, 12,000 hectare solar farm in the…

Why review the Productivity Commission, just ditch this industrial dinosaur

By Peter Roberts The federal treasurer Jim Chalmers has announced an overhaul the economic advisory body, the Productivity Commission, by broadening and deepening its work on economic policy and keeping a central focus on boosting productivity. Well good luck with that. Labor attempted to reform this bastion of neo-liberal economics once before – by moving…

Boost for Townsville green hydrogen hopes

The federal government has announced a major boost to the development of a green hydrogen production sector, earmarking $70 million to support the development of a hydrogen hub in Townsville. The Government released guidelines for the competitive Townsville Region Hydrogen Hub programme, which will deliver $70 million towards projects that accelerate the development of a…

Holiday defence industry news briefs – stories you might have missed

Canberra reaffirms nuclear submarines will be built in Australia The federal government has reaffirmed that Australia will announce a decision to construct nuclear powered submarines locally in the first quarter of this year. Asked about concerns by US lawmakers that Australia’s needs could stress American supply chains, defence minister Richard Marles said Australian industry would…