This is a Carbon Tax subsidy not a co-investment

The joint Federal-State Government bailout of Holden announced today is quite clearly a $275 million admission of failure for the Federal Government’s toxic carbon tax. A PricewaterhouseCoopers report released in May last year revealed the following: “The cost to the domestic automotive industry is likely to be in the order of $30m-$84m per year depending on various factors including compensatio... ...Read more

Power prices through the roof...but wait, there's more!

It’s no surprise that South Australia is set to have the most expensive electricity in the world after 10 years of Labor mismanagement. A new report from the Energy Users Association of Australia, compares global household electricity costs and shows South Australian power prices are the third highest in the world after Denmark and Germany. “We know that Denmark has more wind power than any othe... ...Read more

More questions than answers on Tonsley

The Weatherill Labor Government has provided no details on how it plans to attract $1 billion in private investment to the Tonsley Park precinct. The announcement is also a major retreat from the original Tonsley Park precinct plan, with today’s announcement indicating a large-scale sell-off of commercial and residential land and a scaled-down sustainable industries precinct. With the release of... ...Read more