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Latest news: Future Economies

Dutton doubles down on gas, rejects support for mining

Dutton doubles down on gas, rejects support for mining

Domestic gas production will expand, approvals will be fast-tracked and nuclear reactors rolled out to keep the lights on under a coalition government.

Australia urged to work with China in clean energy push

Australia urged to work with China in clean energy push

Australia urged to work with China in clean energy push

Australia urged to work with China in clean energy push

Australia's $22.7 billion manufacturing push towards net-zero emissions must involve China and will eventually need to tax fossil fuels, an ex-ACCC chair says.

Auto industry prepares for a charge of electric fleets

Auto industry prepares for a charge of electric fleets

Auto industry prepares for a charge of electric fleets

Auto industry prepares for a charge of electric fleets

Fleet firms and charging networks are preparing for a surge in electric car investments after Australia's fuel-efficiency standard begins.

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Coalition commits to nuclear despite damning report

Coalition commits to nuclear despite damning report

A report has found nuclear energy would be significantly more expensive than renewables but the coalition has backed in plans for the power source

Electricity grid 'not fit for purpose' without new gas

Electricity grid 'not fit for purpose' without new gas

Consumers have been warned of higher taxes or power bills if gas remains banned under federal and state government building programs for new power generation.

One in three cars fails real-world fuel emission tests

One in three cars fails real-world fuel emission tests

Testing has shown eight popular vehicles, from petrol hatchbacks to diesel SUVs, produce more emissions than lab tests promised, and some break lab limits.

AI race being lost in climate of fear, inquiry told

AI race being lost in climate of fear, inquiry told

Investment in AI is lacking and Australia is missing out thanks to a climate of fear over risks posed by the technology, a Senate inquiry has been told.

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Clean energy transition delays threaten power stability

Clean energy transition delays threaten power stability

Clean energy transition delays threaten power stability

Clean energy transition delays threaten power stability

Power grid upgrade delays and the mothballing of generators will create energy gaps for Australia's eastern states unless there’s swift public investment.

Progress on 'vital' carbon capture underwhelms minister

Progress on 'vital' carbon capture underwhelms minister

Progress on 'vital' carbon capture underwhelms minister

Progress on 'vital' carbon capture underwhelms minister

Australia's resources minister say she's disappointed in progress with carbon capture, telling an energy conference there's no reason to abandon its potential.

Voters should be warned about AI-generated election ads

Voters should be warned about AI-generated election ads

Voters should be warned about AI-generated election ads

Voters should be warned about AI-generated election ads

All election material generated by an AI tools should be clearly labelled, Australia's Electoral Commissioner says, due to growing disinformation risks.

Green iron to go ahead under future industries push

Green iron to go ahead under future industries push

Green iron to go ahead under future industries push

Green iron to go ahead under future industries push

Production tax incentives unveiled in the federal budget are expected to benefit places like Gladstone and help them secure a spot in the net zero economy.

Vehicle or hazard: electric car charge rules under fire

Vehicle or hazard: electric car charge rules under fire

Vehicle or hazard: electric car charge rules under fire

Vehicle or hazard: electric car charge rules under fire

Property developers say installing electric car chargers in apartment buildings is becoming almost impossible due to inconsistent safety rules.

Divided nation not yet 'supercharged' for climate race

Divided nation not yet 'supercharged' for climate race

Divided nation not yet 'supercharged' for climate race

Divided nation not yet 'supercharged' for climate race

Generous tax incentives could help get critical minerals projects over the line but climate advocates want to see them partnered with strong emissions targets.

Nuclear option costs 'six times more' than renewables

Nuclear option costs 'six times more' than renewables

Nuclear option costs 'six times more' than renewables

Nuclear option costs 'six times more' than renewables

Establishing nuclear energy in Australia would require significant taxpayer support and private investment, meaning power bills would go up, modelling confirms.

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Car rules could help Aussies catch up in electric race

Australian motorists are likely to get more low-emission vehicle options in coming years, groups say, after changes to transport laws won approval.

Federal funds lay groundwork for net zero industries

Labor says it is laying the groundwork for emerging low-carbon industries by sinking millions into a feasibility study for a water project in South Australia.

IKEA to piece together electric truck charging network

The Swedish furniture giant will install chargers for electric vans and trucks at all of its local stores in a move designed to inspire low-emission deliveries.

Fuel efficiency standards secured in Labor-Greens deal

A political deal on offshore gas projects has paved the way for new vehicle standards, with cars and utes sold from 2025 to have stricter conditions attached.

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Car pollution cop to police automakers in Australia

A regulator will be established to track vehicle emissions and ensure automakers are meeting pollution targets, federal budget papers have revealed.

'Massive incentive' to replace diesel with hydrogen

Hydrogen-powered transport could give diesel-powered cars, utes and trucks a run for their money and reduce Australia's reliance on imported fossil fuels.

Incentives set to fuel green hydrogen growth

Lagging in the global future fuel race, the green hydrogen industry has longer-term certainty with a new tax credit that could attract more onshore production.

Value-added: back to a future made in Australia's mines

Mining and refining is central to the budget's plan for Australia to hold its own in a global economy beset by fierce competition for sovereign production.

Charge an electric car for $5? Energy trial goes public

Australia’s biggest energy retailer will open a popular electric car-charging program to the public but only those with a Tesla can apply.

Top brands in the slow lane with electric car policies

Some of the world's biggest vehicle manufacturers are slowing progress on electric cars, a report has found.

Industry rebuffs calls to slash fossil fuel subsidies

Fossil fuel subsides are increasing and undermining Australia's climate efforts, a think tank says, but energy producers insist they're paying plenty of tax.

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