Today
‘Back in the game’: Hydrogen sector celebrates from afar
Almost 50 Australian companies were in Rotterdam for the World Hydrogen Summit. When news of the budget bonanza came through, the reaction was ecstatic.
- 1 hr ago
- Hans van Leeuwen
Yesterday
Made in Australia unleashes a lobbyist nirvana
As the treasurer hands down his third budget, hasn’t he aroused a stupendous chorus of critics.
- Updated
- Myriam Robin and Mark Di Stefano
- Opinion
- Federal budget
The costs of the future still start adding up today
Jim Chalmers is betting he can get the balance right between curbing inflation in the short term while promoting growth in the longer term.
- Jennifer Hewett
Labor’s $24b green energy superpower bet
The Albanese government has made a $24 billion bet on turning Australia into a renewable energy superpower, powered by green hydrogen, critical minerals processing and green commodity exports over the coming decade.
- Ben Potter
Miners hope for budget tax credits
Lithium and nickel miners who lobbied for tax breaks are set to be among the big budget winners as the Albanese government tries to shore up its ‘made in Australia’ plans.
- Brad Thompson
This Month
Lendlease doubts $112m bill; Musk’s video win; Wall St legend’s truths
Read everything that’s happened in the news so far today.
Fortescue, Woodside find common ground on green hydrogen
Andrew Forrest has been one of the oil and gas giant’s biggest critics. The two are on the same page about US tax credits issues holding up renewable projects.
- Brad Thompson
After losing a deal, Stokes’ newspaper pursued Forrest
The West Australian published dozens of critical articles about Fortescue’s founder after he refused to buy trucks from a related company.
- Updated
- Aaron Patrick
Billionaire Kerry Stokes takes it all very personally
In the media business, he who controls distribution, controls all.
- Mark Di Stefano and Myriam Robin
- Opinion
- Gas
Why Albanese is going all in on gas
The Labor government has infuriated climate activists by insisting that gas will play a crucial role in the energy transition for many decades to come. Big producers like Woodside will wait to see what that means.
- Jennifer Hewett
Backers of takeover target Austal want Hanwha in the race
Austal shareholders say the opening shots in takeover battle for the defence ship builder have fallen well short of the mark, but granting due diligence would be a start.
- Brad Thompson
Forrest accuses US of sacrificing green dream to fossil fuel lobby
Fortescue founder Andrew Forrest unleashed on the US government over a threat to tax credits that underpin an $836 million green hydrogen project in Arizona.
- Brad Thompson
April
Japan Inc backing for nickel mine puts BHP bailout in doubt
Sumitomo and Mitsubishi have agreed to back Ardea Resources and its $3.1 billion nickel laterite and cobalt project, about 80 kilometres from Kalgoorlie and BHP’s ageing nickel smelter.
- Brad Thompson
What Forrest’s fight with Meta reveals about taking on big tech
After suffering a setback in Australian courts, the next bout of Andrew Forrest’s legal fight against Facebook owner Meta will take place in California next month.
- Tess Bennett
Fortescue playing catch up on iron ore shipments
The Andrew Forrest-led miner is adamant it can hit the lower end of guidance for shipments in 2023-24, despite its problems over the past three months.
- Brad Thompson
Forrest-backed Minderoo to become bigger philanthropic force
The financial endowment behind Andrew and Nicola Forrest’s philanthropic Minderoo Foundation is expected to grow towards $40 billion by the end of the decade.
- Brad Thompson
Philanthropy 50: Which Australians gave away the most in 2023?
Donations from Australia’s biggest private givers have jumped to a record $1.25 billion.
- Lisa Murray
Social media giants ‘no longer fear reputation risks’
Tech policy advocates say the era of tech companies complying with local regulations to protect their reputation is over.
- Tess Bennett
‘What Paula wants, Paula gets’: Lindsay Fox’s $152m birthday surprise
A high-profile birthday singalong broke out on billionaire Lindsay Fox’s birthday at the official opening of new $152 million Paula Fox Melanoma and Cancer Centre in Melbourne on Friday.
- Patrick Durkin
$650 for RM’s? ‘People want handcrafted,’ says Nicola Forrest
Nicola Forrest says people are tiring of throwaway fast fashion as the iconic company she co-owns lifts capacity to tap into a fast-growing market for women’s boots.
- Simon Evans
