WA nickel producers will be unable to apply for a royalty relief package announced in February if the price of the commodity remains at its current level.
Liberal Party of WA leader Libby Mettam says her position on nuclear has not changed, despite suggestions by federal opposition leader Peter Dutton that a site like Collie could one day host a nuclear power plant.
Opposition leader Peter Dutton has accused the government of betraying its words with actions on gas policy, while outlining a plan to “turbo charge” the nation’s energy and resources sectors.
The state government has today announced a second trade and investment office in China, becoming the first Australian state to have a presence in the Zhejiang Province.
Finance Minister Katy Gallagher has warned further regulations on banks could arise from the inquiry into financial abuse, during a visit to Perth today.
Liberal Senator Linda Reynolds and her former staffer Brittany Higgins have failed to reach a middle ground during mediation, with a six-week trial still on the cards.
WA Environment Minister Reece Whitby has challenged a room of gas industry delegates to avoid going the way of “the dinosaurs and Kodak” while warning against climate “lip service”.
Federal Resources Minister Madeleine King says Australian carbon capture progress to date is disappointing but has backed the technology’s role in the nation’s net-zero by 2050 ambition.
WA Liberal leader Libby Mettam has defended the state’s resources industry, after federal opposition treasury spokesperson Angus Taylor lashed critical minerals production tax subsidies.
The state government has moved to play down a dramatic decline in the level of funding allocated to state roads across the forward estimates in last night’s federal budget.
Andrew Forrest has led a chorus of industry support for new policies subsidising critical minerals and hydrogen projects, but the measures have failed to garner bipartisan backing.
The Federal Government has unveiled a $22.7 billion price tag for its Future Made in Australia initiative, including a production tax incentive for critical minerals – starting in 2027.
The federal government has poured in billions of dollars to ease cost-of-living pressures, including $3.5 billion in energy bill rebates and tax cuts from July 1.
Western Power customers will pay an extra 9.5 per cent on average for services in the coming financial year, after the utility’s proposed price structure got a conditional regulatory tick.
A second budget in the black will deliver a near $10 billion surplus as well as cost-of-living relief for struggling Australians dealing with increasing prices.
Treasurer Rita Saffioti has defended the state’s Metronet investment and gone into bat for business on Nature Positive law reform in her first post-budget breakfast address.
The Liberal Party WA has accused the state government of squandering the “largest fiscal boom in state history”, in response to Rita Saffioti’s first budget as treasurer released today.
Resources royalty reliance and a lack of action on payroll tax were among the key observations from business groups digesting today’s state budget – the first from Treasurer Rita Saffioti.
Ratings agency S&P Global Ratings has expressed surprise that the state budget will dip into a cash deficit this year but otherwise was effusive about the health of WA’s finances.
A record $12.1 billion will be spent through the state’s asset investment program in 2024-25, part of a $42.2 billion outlay forecast over the four years to the end of 2028.
Surging investment in resources projects has bolstered economic growth this year while in future years Treasury expects housing and government investment to be the key drivers.
The state government has made an upward revision to its long-term iron ore price forecast, as lower-than-forecast critical mineral royalties highlight the volatility challenges facing the economy.
The state government has allocated $2.7 billion in the 2024-25 budget to spend on Metronet while the estimated cost for the original commitments has blown out.
The state government has forecast continued budget surpluses but behind the headline numbers lie big “cash deficits” and a large increase in state debt.
The state government has set aside half a billion dollars to fast-track clean energy and major industrial projects around the state and set aside some $36 million to expedite approvals as part of today’s state budget.
The federal government has formalised its view of gas as an energy transition fuel, committing to new projects as a means of maintaining reliable and affordable supply beyond 2050.
ANALYSIS: The cumulative value of the WA government’s pre-budget spending announcements is nearing $3 billion – a day out from Treasurer Rita Saffioti’s first official budget release.
Prime Minister Anthony Albanese says delays to environmental policy reform show he is listening to WA businesses, but has brushed off questions on whether a draft will be ready before the next election.
