As power bills surge, mining giant Santos and the NSW Government continue to blame each other for the delays in the long awaited $3.5 billion Narrabri gas project. Santos said exploratory drilling is expected to finally begin next month provided another six management plans are signed off by the NSW Department of Planning. But the Planning Department advised The Daily ...
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Prime Minister Anthony Albanese palms off question about interest rate rises to Treasurer Jim Chalmers
Prime Minister Anthony Albanese has palmed off an economic question directed at him to Treasurer Jim Chalmers. Opposition treasury spokesperson Angus Taylor posed the question to Mr Albanese about the number of interest rate rises that have occurred since the May Federal Election. “Before the election the Prime Minister promised Australians cheaper mortgages,” Mr Taylor said during Question Time on ...
Read More »Union claims nurses lost $80,000 in a decade under ‘cruel’ wage cap
Nurses and midwives would have pocketed an extra $80,000 in the past decade if NSW abolished its public sector wage caps, a new union report has revealed. The report by the Australian Institute for the NSW Nurses and Midwives Association (NSWNMA) found that, in the past financial year, an experienced nurse or midwife working full-time was earning $335 less per ...
Read More »Wollondilly mayor Matt Gould slams plan to fast-track Appin housing
A mayor has come out swinging against the NSW government after it announced it would fast-track supply to build thousands of new homes in southwest Sydney. Three large housing proposals – with 19,000 homes between them – will be lodged shortly as part of the government’s $2.8bn investment to tackle a shortage of homes exacerbated by slow council approvals and ...
Read More »New intersection upgrade proposed for Picton Rd, Hume Highway
Traffic lights and a new interchange system are part of a plan to address traffic congestion at one of the region’s busiest intersections. An estimated 22,000 drivers travel daily through the Picton Road and M31 Hume Motorway intersection which is set to be upgraded. A diverging diamond interchange has been proposed for the location and the Transport for NSW has ...
Read More »Migrant worker influx to swamp housing market
An incoming wave of post-pandemic migration is threatening to swamp the local housing market, with only seven out of 33 Sydney councils meeting targets for new homes set by the Greater Cities Commission. While last Tuesday’s federal budget predicted a net 235,000 new migrants this financial year landing on our shores, bringing with them an estimated $448m boost to the ...
Read More »Businesses warn of economic meltdown over Albanese 2030 emission pledge
Major emitters have cast serious doubt on a key element of the Albanese government’s strategy to slash carbon pollution, warning the plan is open to exploitation and will force operations to shut. Mining and manufacturing companies covered by the “safeguard mechanism” – which is a limit on greenhouse gas output that Labor wants to dramatically tighten – also say they ...
Read More »NSW weather: Regional towns remain on flood alert as heavy rain eases
Premier Dominic Perrottet today flew over the flooded farms surrounding Moree and vowed to do all he could to ease the pain of the community. “I know the pain of the community,” he said after his helicopter landed at Moree airport. “I felt that pain and I want to get every single person the support that we can.” Mr Perrottet ...
Read More »James O’Doherty: New Liberal team needs to be careful of old promises
There will be a changing of the guard in the Perrottet Government’s ministry, and they mustn’t succumb to bad habit if they are to win the next election, writes James O’Doherty. Would the last NSW minister jumping ship ahead of the March election please turn out the lights? They might need to if only to save on skyrocketing electricity bills. ...
Read More »Westpac passes on rate pain to customers after interest rate hike
Westpac customers will be feeling the pinch of newly increased rates after the bank moved to pass on the interest rate hikes to customers. Both new and existing customers will see their home loan variable interest rates rise by 0.25 per cent per annum. The increase matches the 0.25 per cent interest rate hike implemented by the Reserve Bank of ...
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