Emeritus Professor Roy Green of UTS Sydney said the budget responded to a critical moment in Australia’s economic history. Green said: The world is shifting from fossil fuels to renewable sources of energy to meet net zero targets. “And it is recognising the importance of participating in the industries of the future by moving up…
Environmental technology company Calix has seen funding for its low-emissions tech evaporate after the government dropped a number of programs in its latest budget. In May this year, Calix received an $11m grant to develop technology with Adbri under the Carbon Capture, Use and Storage (CCUS) Hubs and Technologies Program, which would have been the…
The nation’s peak industry bodies have welcomed the Federal budget’s initiatives but said it does not go far enough in addressing Australia’s structural productivity problems. The Ai Group, Business Council of Australia, and the Australian Chamber of Commerce and Industry have warned that while the budget is a positive first step it did not act…