Good morning, Australia will never be able to compete internationally on price due to our high tax burden and elevated wages, the head of major manufacturing company Brickworks Lindsay Partridge said, responding to the federal government’s announcement of new umbrella legislation supporting Australian critical industries and the energy transition. Meanwhile, a major Woodside Energy institutional investor will vote against the re-election of chairman Richard Goyder, ratcheting up tensions ahead of the annual general meeting, as the energy giant shelves a $1bn deal to sell two major oil and gas projects. And mining billionaire Andrew Forrest has accused Facebook owner Meta of “knowingly advertising the content of criminals” as he prepares to confront the tech giant in Californian and Perth courts over the proliferation of scams on its social network. And for those in the legal field, The Australian is launching a new, free newsletter Ipso Facto with scoops, analysis and comment each week. Sign up here. | 