politics
Liberal Party formally abandons net zero by 2050 climate target
The decision brings the party closer to the Nationals, which ditched its support for the target earlier this month amid internal turmoil over the Coalition’s policy. Source link
Players in First Guardian, Shield sued after Australians lose more than $1b
Corporate watchdog ASIC is suing several players involved in the collapses of Shield and/or First Guardian, which led to Australians losing more than $1 billion of their retirement savings. Source link
Live: Liberals to reveal fate of net zero policy after shadow cabinet meeting
The Liberals are set to reveal the fate of their net zero policy following a partyroom meeting yesterday paving the way for the target to be scraped. Follow live. Source link
What will Indonesia gain from its 'good neighbours' treaty with Australia?
Details of an upgraded security treaty between Indonesia and Australia are yet to be made public, and the practical impact it will have on relations between the two countries depends on who you ask. Source link
Liberals want to pause net zero but the IEA says it wins on cost
The most authoritative snapshot of where the global energy transition is going has just been released at a most opportune moment for any politician weighing which direction Australia should pursue. Source link
Liberals pave way to ditch net zero and settle infighting
Months of bitter infighting between Liberals over the party’s climate policy could be drawing to a close, with MPs paving the way for net zero to be formally abandoned at a shadow ministry meeting on Thursday. Source link
Australia and Indonesia strike landmark security treaty
Prime Minister Anthony Albanese declares a “new era” in the relationship between the neighbours in a joint appearance with Indonesian President Prabowo Subianto in Sydney. Source link
Half a million Australians with psychosocial illness without support
A scathing Productivity Commission review concludes that Australia’s mental health system is failing and needs a rewrite, while warning that 500,000 Australians are unable to access the care that they need. Source link
Japanese ambassador calls for security 'triangle' with Australia, US
Japan’s ambassador to Australia calls for the two countries to form an “equilateral” security triangle with the United States, while championing the role of gas in the clean energy transition. Source link
Spy chief warns of China espionage threat to business, critical infrastructure
ASIO director-general Mike Burgess urges businesses to protect their data to prepare for possible attacks from hostile states. Source link