#australian-economy

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Independent
1 year ago
Environment

Australian government policy aims to make big polluters reduce emissions

The Australian government has taken a major step towards implementing a key climate policy that would force chief greenhouse gas polluters to reduce emissions, with the minor Greens party pledging their support.he centre-left Labour Party administration said the so-called Safeguard Mechanism reforms are essential for Australia to reach its target of reducing its emissions by 43% below 2005 levels by the end of the decade.
the Guardian
1 year ago
World news

Anthony Albanese says live sheep exports won't be phased out before 2025

Anthony Albanese has ruled out phasing out live sheep exports within his first term of government.
the Guardian
1 year ago
World news

Australian homebuyers and banks face risky period as inflation and interest rates accelerate

Australia is in for a period of banking sector turbulence as households deal with rising inflation and mortgage payments, the industry regulator says.
the Guardian
1 year ago
World news

Reserve Bank interest rates: RBA lifts official cash rate to 0.35% in first rise since 2010

The Reserve Bank of Australia has lifted its official cash rate for the first time in more than 11 years in its first intervention in a federal election since John Howard lost office in late 2007.
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