Latest News
• Add My News • Search Old News
Foreign profits favor Australia's interests in current federal government energy transition policiesAffordable energy is essential for homes and businesses. Current policies favor foreign developers, prioritising profit over Australia's interests, leading to costly, unreliable energy and risking our natural resources and economic future. By news@gippsland - 13th June 2024 - Back to News Energy is vital to homes and businesses, the cheaper it is the better. It's an essential cost and the lower that we can keep it, the greater opportunities for households and businesses alike. It could mean an extra holiday for the family, or for a business, it can allow them to be far more competitive. Our government is at the mercy of foreign developers who put profits first, and Australia's best interests second. 
Our government is vulnerable to profit-driven foreign developers. Poor policy attracts them, offering subsidies and neglecting Australia's best interests and essential infrastructure Policy harms AustraliansLazy and indirect policy has attracted foreign developers because they know that this government can be taken advantage of. Developers love the free money, in the form of 'subsidies', and it allows that nearly anything they do here can be profitable, so why would they care about how meddling with essential infrastructure will affect the average Australian? Stakeholders of the energy industry, which is all of us, cannot afford this fairytale transition. Energy resource companies will jeopardise their future to meet the initial costs of going through a 'renewable transition', creating a struggle to meet future obligations of renewing or upgrading their infrastructure. Therefore, the costs will certainly be passed on to us as consumers, because that is all we are in the eyes of those who have to gain from this. Super funds are usually huge investors in these companies, and many of us are investors in Super funds. And we should be wary about the industry that is said to become obsolete because of this transition. Protect Australia's resourcesIf these companies go under, their assets such as mines and processing plants could be picked up for a discount for foreign investors, and then we will finally get no benefit from the amazing natural resources we have in this country. We have the resources, and we have the people. Australia used to be a country that was known for industry and productivity. Let's keep it that way by not ruling out a future that is truly in the interests of Australian people. The dream was for cheap, reliable, renewable energy. But what we've got is an expensive and unreliable future in energy. Pictures from Yes2Renewables Facebook page.
Source: http://gippsland.com/ Published by: news@gippsland.com
Related Articles- Darren Chester urges federal government to restore wild dog funding, backing farmers' calls for national management certainty
Shadow Minister Darren Chester is urging the federal government to restore national wild dog funding, warning of $302 million annual agricultural losses and significant impacts on farmers, wildlife and regional communities. - Councils begin planning for renewable energy growth across Wellington and South Gippsland communities
Wellington and South Gippsland councils have begun a major renewable energy planning project, backed by $4.7 million, to prepare communities for future growth through housing, infrastructure, employment, services and economic development. - International partners visit Gippsland to explore energy diversification and regional development opportunities firsthand together
One Gippsland hosted European partners for a five-day Gippsland visit, exploring energy diversification, regional development, workforce opportunities, infrastructure, agriculture and collaboration between Australian and European regions. - Labor government boosts Latrobe Valley businesses with funding to strengthen supply chains, expand markets and support future growth
The Carroll Labor government is funding six Latrobe Valley businesses to upgrade equipment, software and skills, strengthen supply chains and expand markets. - Gippsland Water reports progress on major projects, renewable energy and community engagement commitments
Gippsland Water’s 2026 Community Report highlights progress on major infrastructure projects, achieving 100 per cent renewable energy, emergency support initiatives and increased community engagement through its Sounding Board. - Labor government invests $750,000 to support young Gippslanders into education, training and employment opportunities
The Victorian Labor government is investing $750,000 in Ladder Step Up Latrobe Valley, supporting 120 young people facing barriers to education, training and employment through 2028. - Victorian government funding to help Drouin West Timber and Truss expand production, create jobs and boost housing supply
Victorian government funding will help Drouin West Timber and Truss expand production with robotics, create six jobs, boost housing construction capacity and strengthen Gippsland's local building supply chain. - Gippsland community groups share $60,000 in Federal Volunteer Grants to strengthen local organisations and support volunteers
Twenty-four Gippsland not-for-profit organisations will share more than $60,000 in federal grants to improve volunteering, reduce barriers to participation and strengthen local communities. - Labor government criticised over regional childcare shortages, workforce gaps and red tape following parliamentary inquiry findings
A Victorian parliamentary inquiry found regional childcare providers face severe workforce shortages, vacant places, growing waitlists and excessive red tape, with Melina Bath calling for stronger accountability and practical solutions. - Latrobe Mayor slams government's community safety funding decision, demands urgent support despite region's higher crime and social harm rates
Latrobe Mayor Sharon Gibson has criticised the Victorian government for again excluding Latrobe from Community Connectors funding, despite higher crime, family violence and drug-related harm rates than funded metropolitan municipalities. - Heyfield childcare faces closure after losing federal funding, putting local families, educators and essential community services at risk
Heyfield's only childcare service faces closure after losing $270,000 in federal funding, prompting Darren Chester to seek urgent assistance while a Senate inquiry examines rural and regional child care access. - Martin Cameron seeks government answers over delays threatening Latrobe Magnesium's commercial project and regional investment
Martin Cameron is pressing the Victorian government over delays affecting Latrobe Magnesium’s commercial project, warning investment and hundreds of Latrobe Valley jobs could be lost. - The Nationals blame Labor government after 84 more jobs cut at Maryvale paper mill in Latrobe Valley
Nationals MP Martin Cameron blamed the Victorian Labor government after Opal announced 84 job cuts at Maryvale, arguing forestry policy and timber supply failures caused ongoing workforce losses. - Bass Coast Shire Council urges state government to act on urgent on Western Port Woodlands protection controls before caretaker period
Bass Coast Shire Council has urged the Victorian Government to introduce interim protections for Western Port Woodlands, citing significant biodiversity values and seeking action before caretaker provisions begin on November 3. - Mobile Service Centres bringing government support across South Gippsland communities an August and September
Australian government Mobile Service Centres will visit 12 South Gippsland communities, offering Medicare, Centrelink, myGov and Veterans’ Affairs assistance, with accessible facilities and Wi-Fi. - Darren Chester discusses democracy, civics and federal parliament with St Paul's Year 9 students in Traralgon
Darren Chester visited St Paul's Anglican Grammar School in Traralgon, discussing civics, democracy, Parliament and community issues with engaged Year 9 students and encouraging young people to participate in Australia's democratic process. - Visa delays threaten regional harvest workforce as farmers and tourism employers demand urgent federal government action before summer
Farmers, tourism operators and regional employers warn visa delays could cause critical workforce shortages during summer harvest and tourism periods, urging the Federal government to restore timely visa processing. - East Gippsland Council calls for fairer forestry transition funding, greater transparency and investment in affected communities before state election
East Gippsland Council is seeking fairer forestry transition funding, greater transparency and stronger investment to support affected communities, local economies, jobs and bushfire preparedness. - Latrobe City recognised among Australia's most affordable regional centres for businesses, investors and skilled workers
Latrobe City welcomes research ranking Traralgon-Morwell third nationally for affordability, highlighting lower costs, skilled workers, infrastructure and investment opportunities across emerging industries. - Matthew Canavan welcomes Commonwealth Bank branch extension, calls for stronger government action to protect regional banking services
Nationals leader Matt Canavan welcomed Commonwealth Bank’s decision to keep 281 regional branches open until 2030, while urging the Government to protect banking access and rebuild services lost elsewhere. - Gippsland families face rising cost pressures as Nationals criticise Labor government over interest rates, spending and inflation
The Nationals say rising interest rates are increasing pressure on Gippsland families, criticising Labor’s spending and inflation while outlining plans for budget discipline, tax cuts and productivity. - Six Latrobe Valley businesses receive funding to diversify, boost productivity and strengthen supply chains during economic transition
Six Latrobe Valley businesses will receive funding through the Gippsland Supply Chain Resilience Program to improve productivity, purchase equipment, expand markets and strengthen supply chains amid regional economic transition. - Darren Chester slams Victorian Labor over five-year delay in critical Mallacoota-Genoa Road upgrade despite federal funding
Darren Chester has slammed Victoria's Labor Government over the stalled Mallacoota-Genoa Road upgrade, despite $10m federal funding committed in 2021, saying Gippsland communities have waited five years for promised safety improvements. - Bass Coast businesses celebrated at 2026 Business Awards, recognising excellence and community contribution
The 2026 Bass Coast Business Awards celebrated local business excellence, with Phillip Island Tenpin Bowling & Entertainment Centre named Business of the Year after winning four awards.
|
|
