Good morning, Australia locked in financing for only a fraction of the large-scale renewable energy generation projects required to hit Labor’s 2030 green target in the first three months of 2025, sparking a warning that the pace of investment must quickly accelerate to hit the end of decade goal. Meanwhile, global commodities giant Trafigura has its sights on a critical minerals future in Australia through a taxpayer-backed refit of its local lead and zinc smelters, which employ 1500 workers. And contrary to what many advisers have been telling their clients, franked dividends - the backbone of Australia’s retail investment system - will be hit by the federal government’s super tax, a financial specialist has warned. |