AUSTRALIA – POLITICS AND GOVERNMENT

ACCC’s big tech watchdog low on funding

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Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: 3 : 6-Nov-25

The Australian Competition & Consumer Commission has confirmed that its digital platforms team’s funding is set to lapse at the end of 2025. Sources have indicated that the team now comprises about 10 researchers, experts and lawyers, compared with more than 30 at its peak. The team was established by the former Coalition government in 2020, in response to the recommendations of an ACCC inquiry into digital platforms. Some former members of the team are said to have taken up roles at the technology compaies that it had been set up to monitor. The future of the digital platforms team is part of broader concerns about a looming ‘funding clifff’ for the federal government ahead of its mid-year budget update.

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AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Profits easier offshore: O’Neill

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Original article by Colin Packham
The Australian – Page: 13 & 17 : 6-Nov-25

Woodside Energy has forecast that its net cash flow from operations will rise to around $US9bn by 2032, compared with about $US5bn in 2024. CEO Meg O’Neill says this growth will be driven by factors such as the start-up of projects such as Scarborough LNG in Western Australia and Trion oil in Mexico, as well as tighter capital management. O’Neill has also warned that the regulatory burden in Australia is making countries such as the US and Mexico more attractive as investment destinations, which is why Woodside is directing more capital to them.

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WOODSIDE ENERGY GROUP LIMITED – ASX WDS

Miners in appeal for a deal

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Original article by Greg Brown, Jack Quail
The Australian – Page: 1 & 4 : 6-Nov-25

Minerals Council of Australia CEO Tania Constable agrees with the federal government’s view that proposed changes to environmental laws need to be passed this year. She has urged Labor and the Coalition to reach consensus regarding an overhaul of the Environment Protection and Biodiversity Conservation Act to ensure that the changes go ahead as quickly as possible, but with appropriate amendments to allay the concerns of the business sector. There are also fears among business leaders that Labor will capitalise on the Coalition’s in-fighting over a net-zero emissions target to strike a deal with the Greens on changes to the EPBC Act.

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MINERALS COUNCIL OF AUSTRALIA, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN GREENS

Surprise additions to list of banned tech platforms

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Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: 8 : 5-Nov-25

The federal government’s final list of social media platforms that will be subject to age restrictions has been expanded to include Reddit and video livestreaming service Kick. It had previously announced that people under the age of 16 will be barred from using Facebook, Instagram, Snapchat, TikTok, X and YouTube from 10 December. Communications Minister Anika Wells says the list is ‘dynamic’ and will be updated over time. The eSafety Commissioner Julie Inman-Grant has concluded that the "sole or significant purpose" of the eight platforms that will be subject to the ban is to enable online social interaction; platforms that are primarily used for messaging and online gaming will be excluded from the ban.

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AUSTRALIA. DEPT OF INFRASTRUCTURE, TRANSPORT, REGIONAL DEVELOPMENT, COMMUNICATIONS AND THE ARTS, AUSTRALIA. OFFICE OF THE ESAFETY COMMISSIONER, REDDIT INCORPORATED, KICK, FACEBOOK, INSTAGRAM LLC, SNAPCHAT INCORPORATED, TIKTOK, X CORPORATION, YOUTUBE INCORPORATED

Free-power plan to raise prices

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Original article by Paul Garvey
The Australian – Page: 4 : 5-Nov-25

MST Marquee analyst Saul Kavonic has described the federal government’s Solar Sharer scheme as "another poorly thought through market intervention" by the Climate Change and Energy Minister, Chris Bowen. Kavonic warns that the proposed three-hour block of ‘free’ electricity during the day will inevitably be offset by higher electricity prices at other times. David Dixon from Rystad Energy in turn says households may become more reluctant to invest in rooftop solar if they can use electricity for free.

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AUSTRALIA. DEPT OF CLIMATE CHANGE, ENERGY, THE ENVIRONMENT AND WATER, MST MARQUEE, RYSTAD ENERGY AS

Canberra lays out terms for support of Rex Airlines rescue

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Original article by Chris Zappone
The Sydney Morning Herald – Page: Online : 5-Nov-25

The federal government will provide Rex Airlines with a new $60m commercial loan, lifting taxpayers’ total financial support for the carrier to more than $200m since it went into administration. US-based Air T will in turn contribute $50m to the recapitalisation of Rex as part of its deal to acquire the failed airline. The government will also restructure about $90m of Rex’s debt on terms that will allow repayments to be made over time via a profit-sharing arrangement. In addition, the government will retain its security over Rex’s fleet of Saab 340s aircraft and its flight simulator. Meanwhile, administrator EY has confirmed that Rex’s creditors will not recover any of their money.

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REX AIRLINES PTY LTD, REGIONAL EXPRESS HOLDINGS LIMITED, AIR T INCORPORATED, ERNST AND YOUNG

Netflix, Disney and other streamers to be forced to pay for more Australian-made content

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Original article by Karl Quinn
The Age – Page: Online : 5-Nov-25

The federal government will legislate an ‘Australian content obligation’ for streaming video-on-demand platforms. It will require streaming services that have more than one million subscribers in Australia to invest at least 10 per cent of their total expenditure in Australia or 7.5 per cent of their revenue in this country on producing local content. This will include local drama, children’s TV shows, documentaries, and educational or arts programs. Screen Producers Australia’s CEO Matthew Deaner has described the move as a "landmark day" for the nation’s screen industry.

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SCREEN PRODUCERS AUSTRALIA

Business wants states to handle environmental approvals

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Original article by Greg Brown
The Australian – Page: 2 : 29-Oct-25

The federal government’s proposed changes to the Environmental Protection and Biodiversity Conservation Act will be put before the lower house on Thursday. The government aims to have the Environmental Protection Reform Bill passed by parliament before it negotiates s separate deals with each state and territory regarding the streamlining of environmental approvals. The Business Council of Australia has called for the states and territories to be given responsibility for assessment and approval rights; CEO Bran Black says this is necessary to lock in faster approvals for housing, critical minerals and infrastructure projects.

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BUSINESS COUNCIL OF AUSTRALIA

ALP subsidy too late to save 1200 smelter jobs

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Original article by Perry Williams, Jack Quail, Lachlan Leeming
The Australian – Page: 1 & 2 : 29-Oct-25

Tomago Aluminium’s CEO Jerome Dozol says the fate of its NSW smelter is likely to be decided long before the federal government’s $2bn green production credit scheme becomes available. The smelter’s current electricity supply deal will expire in 2028, and it faces the prospect of negotiating a new coal-fired supply deal at much higher prices until it has access to sufficient renewable generation. Dozol says this is unlikely to occur until "well into the 2030s". The Energy Users Association of Australia says the shutdown of the Tomago smelter due to high electricity prices is an "unimaginable situation", given the nation’s abundant energy resources. Tomago’s closure would result in the loss of about 1,200 direct jobs.

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TOMAGO ALUMINIUM COMPANY PTY LTD, ENERGY USERS ASSOCIATION OF AUSTRALIA

Audit for PM’s flagship housing fund

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Original article by Matthew Cranston
The Australian – Page: 1 & 4 : 29-Oct-25

The Australian National Audit Office will undertake a review of the federal government’s $10bn Housing Australia Future Fund, amid growing criticism of the fund. Auditor-General Caralee McLiesh has advised that the ANAO wil also examine the effectiveness of the Treasury’s design and delivery of the HAFF. Liberal senator Andrew Bragg has described the HAFF as one of the nation’s biggest public policy disasters, likening it to the previous Labor government’s Pink Batts home-insulation scheme. The HAFF aims to build 40,000 social and affordable homes by 2028, and it is part of the government’s target of building 1.2 million new dwellings over five years.

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AUSTRALIA. HOUSING AUSTRALIA FUTURE FUND, AUSTRALIAN NATIONAL AUDIT OFFICE, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA