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Treasurer offers more detail on forthcoming Future Made in Australia plan after concerns raised by productivity commissionerGet our morning and afternoon news emails, free app or daily news podcastTax breaks and subsidies may be offered to industry as part of the government’s yet-to-be-detailed Future Made in Australia plan – but Jim Chalmers says there will be “strict tests” on public funding for the green...

Dozens of flights cancelled at Sydney airport and drivers told to avoid non-essential travel as inland low and coastal trough combine. This blog is now closedBruce Lehrmann defamation trial live: watch and follow the latest newsBoM weather radar: track the path of the storms and latest updates and warnings for NSW and QueenslandGet our morning and afternoon news emails, free app or daily news...

China’s Longi looks to slash costs as renewable energy sector faces tough headwinds from inflationThe world’s largest solar manufacturer has slashed nearly a third of its workforce after a cost-cutting drive that included telling staff to only print in black and white fell short and as a chill ripples through the renewable energy sector.China’s Longi is to cut as much as 30% of its...

The company’s CEO says he’s ‘acutely aware of the cost of living pressures both our customers and the broader community is under’Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastElectricity and gas company AGL Energy has posted a return to profit but rejected accusations the sector is price gouging cash-strapped households.“We are...

Oil and gas company criticised by campaigners as it plans more share buybacks to return cash to investorsBusiness live – latest coverageProfits at the energy company BP halved last year to nearly $14bn (£11bn), but were better than expected after weaker oil and gas market prices caused revenues to slump across the industry.BP said it would return more cash to investors with $3.5bn of...

French energy company to invest a further £1.3bn in its British nuclear fleet up to 2026EDF Energy is planning to extend the life of four nuclear power stations in the UK and step up investment in its British nuclear fleet.The French energy company said it would make a decision on whether to extend the life of the four UK plants with advanced gas-cooled reactors...

David Hutchinson misapplied company funds ‘rather audaciously for his own benefit and for the benefit of his relatives’, court findsFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails,free app or daily news podcastMoney from a federal government grant – awarded in the dying days of the Morrison government – was transferred into a mortgage offset account controlled by...