Over the course of 2022, the war in Ukraine has resulted in significant volatility and record prices for gas on international markets. Due to the links between the domestic gas market and export markets, wartime prices for gas are driving high wholesale gas prices in Australia that affect domestic customers and the wider economy. As… Continue reading Energy Price Relief Plan
Category: Federal & ACT
Nature Positive Plan: better for the environment, better for business
In October 2020, Professor Graeme Samuel AC submitted his independent review into the Environment Protection and Biodiversity Conservation Act 1999 (EPBC Act). His review concluded that the EPBC Act, Australia’s central piece of national environmental law was outdated, ineffective, and requires fundamental reform. During her Press Club Address in July 2022, the Federal Minister for… Continue reading Nature Positive Plan: better for the environment, better for business
Albanese Government’s Secure Jobs, Better Pay Bill passes Parliament
5 December 2022 On Friday 2 December 2022, the Fair Work Legislation Amendment (Secure Jobs, Better Pay) Bill 2022 (the Bill) passed both houses of Parliament. The Secure Jobs, Better Pay Bill is a key pillar of the Albanese Labor Government’s agenda which aims to enact the Government’s election commitments as well as several proposals… Continue reading Albanese Government’s Secure Jobs, Better Pay Bill passes Parliament
National Reconstruction Fund Corporation Bill 2022
On Wednesday 30 November 2022, the Albanese Labor Government introduced the National Reconstruction Fund Corporation Bill 2022 to the Australian Parliament. The Bill establishes the $15 billion National Reconstruction Fund (NRF), a key election commitment of the Labor Party at the 2022 Federal Election. In the October Budget, the Government allocated $15.0 billion over 7… Continue reading National Reconstruction Fund Corporation Bill 2022
Australia at COP27
From 6 November to 20 November, Australian representatives including Minister for Climate Change and Energy, Chris Bowen, attended the 2022 United Nations Climate Change Conference (COP27) in Sharm El-Sheikh, Egypt. The Climate Change Performance Index, released midway through the conference, shows Australia moving from 59 to 55 out of 63 nations. The CCPI also has… Continue reading Australia at COP27