Business Daily Media

Men's Weekly

.

Business welcomes Safeguard consultations


A comprehensive consultation process on the Safeguard Mechanism will be critical to achieving our targets and locking in a stronger economy, Business Council chief executive Jennifer Westacott said.

“It’s time to move beyond the debate about targets and get on with the ‘how’, so we welcome the government’s consultative approach.

“If we get this right, an enhanced Safeguard Mechanism will help send clear signals to the market, drive investment and deliver more opportunities and stronger regions, while still protecting jobs from carbon leakage. 

“This is significant reform which will impact Australia’s economy for decades to come, so we have to get the details right.

“By using the existing policy building blocks and adopting much of the Business Council’s proposed policy architecture, we can get to work on the details and get on with achieving an ambitious interim goal.

“Targets aren’t enough on their own, so it is great to see the government setting out a plan to get there by working with the biggest industrial producers with a focus on more jobs, more opportunities and stronger regions.

“Over the next month we will work with our members and the government to get the detail right; make sure our powerhouse trade exposed sectors aren’t left uncompetitive and that Australia is seizing the early mover advantage on new industries and new opportunities.

“It is crucial to keep in mind that Australia has a net zero target, and that means some facilities will need to continue producing emissions as technology evolves. That means we will need a carefully considered approach to international offsets and to continue working to make sure our domestic offsets market is credible and fit for purpose.”

AWS research shows strong AI adoption momentum in Australia, with startups outpacing large enterprises in innovation

Amazon Web Services (AWS), an Amazon.com company, released new research revealing that while artificial intelligence (AI) adoption continues to acce...

Changing the World One Bite At a Time: IKU Turns 40

One of Australia’s first plant-based, chef-led eateries and now ready meal provider IKU is celebrating its 40 year anniversary with the business e...

Three generations marking 45 years in hot-air balloons

Australia’s leading hot-air balloon company is celebrating 45 years in the sky and its 700,000th passenger, driven by the passion of father-son du...

Workplace DMs, Reinvented: Deputy Messaging, Purpose-Built For Shift-Based Teams

Deputy, the global people platform for shift-based businesses, has launched Deputy Messaging, a fully integrated, real-time communication tool designe...

Revolutionizing Fulfillment: How Virtual Warehousing is Changing the Game?

The e-commerce landscape is evolving more rapidly than ever, and the way businesses are managing their fulfillment is also revolutionizing. At the...

SME lender Dynamoney welcomes new CEO, Brett Thomas

Strengthens growth ambitions and signals expanded offering Dynamoney, a leading commercial finance provider for Australian SMEs,  has today appoint...

Sell by LayBy