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The Latest Breaking News from Ian Macfarlane

Mining magnate Rinehart to expand Qld gas

Mining magnate Gina Rinehart is partnering with South Korean steel giant POSCO to expand gas projects in Queensland in a move welcomed by local industry.

Crikey

Mining sector faces major skills shortage as environmental concerns deter Gen Z workers

Australia's mining sector is facing its "worst skills crisis in generations", and leaders say the key challenge is convincing environmentally conscious young people to join its ranks.

ABC News

If Australia tumbles into a recession, Philip Lowe’s hands are dirty

Inflation and rising interest rates are pushing Australia towards a likely recession. And on the list of culprits, RBA governor Philip Lowe is very near the top.

Crikey

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Qld miners snub state govt over coal taxes

Qld miners will snub the launch of the state government's industry plan after a hike in coal taxes, while environmental groups attend in protest over emissions.

AAP

‘Pandora’s box’: experts say Queensland’s windfall from coal royalties could set a precedent

Industry and analysts predict budget measure could provide billions in additional revenue

The Guardian - AU

Coal royalty increase in Queensland state budget blasted by mining industry, resources council

The Queensland government's revamp of how resource royalties are collected draws heavy criticism from the mining industry, but an academic believes it capitalises on coal prices while they are spiking and will not lead to anyone going "out of business".

ABC News

Qld treasurer denies business tax promise

Queensland Treasurer Cameron Dick is adamant his 2020 election pledge for no new or increased taxes was made to voters, not businesses.

AAP

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Cashing in: how the resources sector hires former ministers for influence

There are no rules preventing former MPs from cashing in on their knowledge and connections, something a federal ICAC might look at.

Crikey

'Stupid' gas policies led to energy crisis in eastern states, say former premiers

With WA's policy of quarantining 15 per cent of gas for its local market bearing fruit, former rivals and premiers Alan Carpenter and Colin Barnett say the east coast gas crisis was avoidable.

ABC News

Australia's Reserve Bank has got a lot right, but there's still a case for an inquiry

Treasurer Jim Chalmers is about to commission an independent review of the Reserve Bank of Australia. Refreshingly, his election promise was bipartisan – both sides of politics want it.

The Conversation

Qld sets aside $200m for infrastructure

Queensland Deputy Premier Steven Miles has announced $200 million in budget funding for road, sewerage and other public facilities in the southeast.

AAP

Coal-fired power in Australia could be over within 10 years concedes lobbyist Ian Macfarlane

Just a few years ago he argued for more coal-fired power stations to be built on the east coast, but former Coalition cabinet minister Ian Macfarlane now says there could be none left within 10 years.

ABC News

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