Sydney, March 28 (IANS) The Australian government will underwrite the purchase of essential products affected by the conflict in the Middle East under new fuel security measures announced by Prime Minister Anthony Albanese on Saturday.Albanese and Chris Bowen, the minister for energy, told reporters in Sydney that the government will on Monday introduce legislation to the federal parliament that will allow the existing export credit agency to underwrite the purchase of fuel, fertiliser and other…
Latest Australian Government News & Updates
Canberra, March 23 (IANS) The Australian government announced on Monday that it will fast-track approval for data centres that use water sustainably and support the national clean energy transition.Tim Ayres, minister for industry and innovation and minister for science, said on Monday that the new framework of expectations for data centres and artificial intelligence (AI) infrastructure developers will make it easier to invest in Australia by setting clear and consistent signals.He said in a jo…
Canberra, March 20 (IANS) The Australian government has struck a deal to continue subsidising the country’s two remaining oil refineries, Energy Minister Chris Bowen announced on Friday.Bowen said that the government and the operators of the two refineries have reached an agreement to amend the fuel security services payment, under which the government pays the refineries when oil prices do not cover operating costs.Viva Energy’s refinery southwest of Melbourne in the city of Geelong and Ampol’s…
Canberra, Feb 4 (IANS) The Australian government on Wednesday announced plans to sell up to 67 historic defence sites in order to cut maintenance costs and fund upgrades of essential bases. Australia’s Minister for Defence and Deputy Prime Minister Richard Marles said that the government has agreed or agreed in principle to all 20 recommendations of an audit of estates owned by the Department of Defence, Xinhua News Agency reported.The independent audit, which was commissioned in 2023, found tha…