National accounts figures released by the Australian Bureau of Statistics (ABS) on September 4 show economic growth was slower over the 2018–19 financial year than at any time in the past 10 years.
After its embarrassing failure to win either popular or Senate crossbench support for its proposed big business tax cuts, the Coalition government has instead opted to bring forward tax cuts for small and medium businesses by five years.
The Donald Trump regime in the United States is stepping up its attacks on clean energy, and emboldening the Australian federal government to do likewise.
Trump has recently appointed Scott Pruitt as Administrator of the US Environmental Protection Agency. In his first interview, Pruitt announced that he would eliminate the Clean Power Plan, introduced by President Barack Obama in 2015. The Clean Power Plan was aimed at reducing the US’s carbon emissions from power generation by 32% by 2030.