Email
Here's what's making news this afternoon
To view this email as a web page, go here.
The Australian
 

Good afternoon,

Australia’s natural advantages in coal and iron ore don’t apply to the minerals needed for the energy transition, so we need to slash red tape and spur innovation, BHP’s Australian head says.

With plans to make its powerhouse brand Anko into a truly global supplier, current boss of Kmart Group Ian Bailey will step down and into a newly created chairman role.

And while Tesla is showing off its polarising Cybertruck across Australia, including at a Bunnings store, there are a few key reasons why it won’t be sold here anytime soon.

Perry Williams
Business editor
The markets


Commentary
Why Beetaloo gas should be part of a low emissions energy policy
By ROBERT GOTTLIEBSEN
Business Columnist
Sydney’s near blackout and the likelihood of similar threats to Melbourne tells us the $660bn energy plan being embraced by Chris Bowen and the states is not going to work.
Latest news
Australia less attractive for resource investors, BHP says
Australia’s natural advantages in coal and iron ore don’t apply to the minerals needed for the energy transition, so we need to slash red tape and spur innovation, BHP’s Australian head says.
By CAMERON ENGLAND
Wesfarmers veteran to build up Anko’s global credentials
With plans to make its powerhouse brand Anko into a truly global supplier, current boss of Kmart Group Ian Bailey will step down and into a newly created chairman role.
By ELI GREENBLAT
Rio Tinto treading fine line on Australia-China relations
The mining giant’s boss Jakob Stausholm wants to avoid creating tension between Australia and China in finding a way forward to launch buybacks.
By BRAD THOMPSON
Big tease: Why Tesla’s Cybertruck won’t be sold in Australia soon
Tesla is showing off its polarising Cybertruck across Australia, including at a Bunnings store, but there are a few key reasons why it won’t be sold here anytime soon.
By JARED LYNCH
Buyers snap up new lux apartments in Bondi
Just under $45m worth of luxury apartments in the Mayfair Bondi Beach apartment complex have recently changed hands, including the penthouse which has sold off the plan for just under $23m.
By LISA ALLEN

image