Peter Dutton’s nuclear power plan could lead to major electricity shortages, analysis says

Original article by Graham Readfearn
The Guardian Australia – Page: Online : 16-Apr-25

Modelling by Frontier Economics concluded that Australia’s remaining coal-fired power stations would need to keep operating until the Coalition’s proposed nuclear plants are built. However, the Institute for Energy Economics & Financial Analysis contends that Frontier Economics has not taken into account the growing unreliability of coal-fired power stations as they get older. The IEEFA argues that the modelling is based on the assumption that the coal-fired plants would be able to keep operating at 72-81 per cent of their generation capacity. The IEEFA notes that the 13 coal-fired plants that have closed down since 2000 operated at just 66 per cent of their capacity in the last 10 years of their operating life.

CORPORATES
FRONTIER ECONOMICS PTY LTD, INSTITUTE FOR ENERGY ECONOMICS AND FINANCIAL ANALYSIS

Coalition scores just 1/100 points for environment and climate policies from conservation organisation

Original article by Petra Stock
The Guardian Australia – Page: Online : 15-Apr-25

The Greens have performed best in the Australian Conservation Foundation’s pre-election scorecard, receiving a rating of 98 per cent for its environment and climate change policies. The federal government in turn has been given a rating of 54 per cent, with ACF CEO Kelly O’Shanassy praising policies such as its commitment to renewable energy and a continued ban on nuclear power; however, she says Labor was marked down over policies such as environmental protection laws and approvals for new coal and gas projects. Meanwhile, O’Shanassy says the Coalition has "failed every single test", resulting in a rating of just one per cent.

CORPORATES
AUSTRALIAN CONSERVATION FOUNDATION INCORPORATED, AUSTRALIAN GREENS, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA

Taylor vows costings will beat Labor’s

Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 15-Apr-25

Shadow treasurer Angus Taylor says the Coalition will not adopt Labor’s policy that would involve an optional $1,000 tax deduction for work-related expenses, which is slated to cost $2.4 billion over four years. Taylor says this is because the Coalition’s election spending promises that aim to ease cost-of-living measures are temporary ones, whereas he says Labor is focused on recurrent spending, and that the Coalition’s costings will result in a stronger bottom line than under Labor because of their temporary nature. His comments were echoed by Opposition Leader Peter Dutton on Monday, who likened the Coalition’s temporary measures to the government assistance that was issued during the pandemic.

CORPORATES
AUSTRALIAN LABOR PARTY

Australia does not have enough tradies to fulfill Labor’s housing promise, experts say

Original article by Luca Ittimani
The Guardian Australia – Page: Online : 15-Apr-25

About 170,000 new homes are currently built nationwide every year, but Labor aims to lift this to 250,000 annually for the next four years it wins the federal election on 3 May. However, the Housing Industry Association’s chief economist Tim Reardon contends that labour constraints within the construction industry means that the nation currently has the capacity to build 200,000 to 220,000 new homes each year. The HIA estimates that an additional 80,000 tradespeople are required nationwide. Reardon notes that many ‘tradies’ are opting to move to industries such as mining, while many school leavers are rejecting a career in the construction sector.

CORPORATES
HOUSING INDUSTRY ASSOCIATION LIMITED, AUSTRALIAN LABOR PARTY

Nuclear power ‘not cool’, declares Forrest, as iron ore threat looms

Original article by Brad Thompson
The Australian – Page: 15 : 11-Apr-25

Mining magnate and philanthropist Andrew Forrest has told a business breakfast in Perth that nuclear power is not the best energy option for Australia. Amongst other things, he questioned why taxpayers should fund nuclear power stations via the Coalition’s plans if the private sector is not willing to take on the "massive risk". The founder of Fortescue also warned that Australia’s iron ore industry is facing challenges such as the low grade and high impurities of Pilbara iron ore, as well as imminent competition from the higher-grade ore that will soon be produced in Africa.

CORPORATES
FORTESCUE LIMITED – ASX FMG

Marles stays mum on US role in port U-turn

Original article by Ronald Mizen
The Australian Financial Review – Page: 5 : 8-Apr-25

The federal government continues to attract scrutiny over its decision to terminate a Chinese company’s 99-year on the Port of Darwin if it wins the 3 May election. A review of the lease in 2023 had concluded that it was not necessary to vary or cancel Landbridge’s lease. Defence Minister Richard Marles addressed a press conference on Monday, but he declined to elaborate on why Labor’s position on the port lease has changed. Marles said the government has had discussions with US regarding the lease, and also decline to comment on whether this contributed to Labor’s new stance. Labor pre-empted Opposition leader Peter Dutton’s own announcement on cancelling Landbridge’s lease.

CORPORATES
AUSTRALIA. DEPT OF DEFENCE, AUSTRALIAN LABOR PARTY, LANDBRIDGE GROUP COMPANY LIMITED, PORT OF DARWIN, LIBERAL PARTY OF AUSTRALIA

Dutton playing Donald Trump anti-migration card in plan to slash international students, higher education peak body says

Original article by Caitlin Cassidy
The Guardian Australia – Page: Online : 8-Apr-25

International Education Association of Australia CEO, Phil Honeywood says the Coalition did not consult with the sector on its proposal to cap new international student numbers at 240,000 a year. This is skewed towards TAFE and private vocational education and training providers, rather than the nation’s public universities. Honeywood notes that the Coalition has traditionally been more inclined to support independent providers over their public counterparts. Former immigration bureaucrat Abul Rizvi in turn notes that the private VET sector has a history of "rorts and dodgy qualifications".

CORPORATES
INTERNATIONAL EDUCATION ASSOCIATION OF AUSTRALIA

Unions warn Coalition’s job cuts could exceed 41,000

Original article by Ewin Hannan
The Australian – Page: 6 : 8-Apr-25

Opposition leader Peter Dutton is under scrutiny over his backdown over plans to slash federal public service numbers. The Community & Public Sector Union’s national secretary Melissa Donnelly says the Coalition’s new policy of reducing the public service via natural attrition and hiring freezes over five years could result in the loss of much more than the 41,000 jobs that Dutton had initially flagged. ACTU secretary Sally McManus in turn has criticised Dutton’s backdown on a return-to-office mandate for public servants; she says legal advice suggests that Dutton could not enforce this without legislative changes that would also remove working-from-home rights for all workers.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, COMMUNITY AND PUBLIC SECTOR UNION, ACTU

Allan stands by signature rail loop

Original article by Lily McCaffrey, Amelia Swan
The Australian – Page: 5 : 2-Apr-25

Victoria’s Premier Jacinta Allan says she remains "determined" to go ahead with the Suburban Rail Loop in the wake of the Coalition’s decision to scrap all federal funding for the controversial project if it wins the 3 May election. However, Allan declined to comment on how the state will pay for the project if federal funding is withdrawn. Federal Opposition leader Peter Dutton has described the SRL as a "$200bn pipe dream"; he contends that Allan, Prime Minister Anthony Albanese and the CFMEU are the only ones that are in favour of it. Dutton intends to redirect SRL funding to other road and rail projects in Victoria.

CORPORATES
VICTORIA. DEPT OF PREMIER AND CABINET, LIBERAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Gas producers question whether Coalition’s energy plan will cut consumer prices

Original article by Kate Lyons, Adam Morton
The Guardian Australia – Page: Online : 2-Apr-25

Shell Australia chair Cecile Wake is amongst the energy industry executives who attended the Australian Domestic Gas Outlook conference on Tuesday. She noted the lack of detail in the proposed ‘east coast gas reservation policy’ which Opposition leader Peter Dutton announced in his recent budget reply speech. Dutton’s policy would require gas exporters to redirect an additiona1 10-20 per cent of their output to the domestic market. Wake says the policy could see gas supply in the domestic market exceed demand, which could in turn result in gas prices falling to a level where future investment decisions are not economic. She adds that an oversupply may not necessarily result in lower gas prices for households and businesses.

CORPORATES
SHELL COMPANY OF AUSTRALIA LIMITED, LIBERAL PARTY OF AUSTRALIA