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Australian emissions set to soar: new report shows carbontax was working | Climate Citizen

Australian emissions set to soar: new report shows carbontax was working | Climate Citizen. Just two days before Christmas Federal Environment Minister Greg Hunt released the National Greenhouse Gas Inventory June quarter update report which shows that Labor’s Carbon pricing, abolished in July 2014, was being highly effective at reducing emissions, especially from the electricity generating sector. […]

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Warnings Australia in rural financial crisis as farmers look to take on ANZ – ABC News (Australian Broadcasting Corporation)

Warnings Australia in rural financial crisis as farmers look to take on ANZ – ABC News (Australian Broadcasting Corporation). There is growing concern Australia is in the grip of a rural financial crisis as banks foreclose on hundreds of properties and force farmers off the land but some are vowing to fight back. Rural lender […]

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Broken Hill’s water to run out by August 2015 amid major drought – ABC News (Australian Broadcasting Corporation)

Broken Hill’s water to run out by August 2015 amid major drought – ABC News (Australian Broadcasting Corporation). Drilling work has started in Broken Hill in far west New South Wales to find an emergency water supply for the drought-stricken town. The iconic mining city is due to run out of good quality water by […]

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Abbot Point dredge spoil dump site ‘worst possible’ for environment, documents show – ABC News (Australian Broadcasting Corporation)

Abbot Point dredge spoil dump site ‘worst possible’ for environment, documents show – ABC News (Australian Broadcasting Corporation). The Queensland Government has known for more than two years that the site where it proposes to dump millions of tonnes of dredge spoil at Abbot Point was the worst of seven possible options for port expansion […]

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Climate, Environment Boards and Foreign Aid slashed by Joe Hockey in #MYEFO | Climate Citizen

Climate, Environment Boards and Foreign Aid slashed by Joe Hockey in #MYEFO | Climate Citizen. The Abbott Government slashing of climate change infrastructure continues in the latest Midyear Economic Forecast by the Treasurer Joe Hockey, where it was announced the Commonwealth deficit blows out to more than $40 billion and forecast not to return to […]

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Severe storms hit Brisbane and Ipswich, leaving thousands without power – ABC News (Australian Broadcasting Corporation)

Severe storms hit Brisbane and Ipswich, leaving thousands without power – ABC News (Australian Broadcasting Corporation). Severe storms have moved across Brisbane and Ipswich, leaving thousands without power and causing major delays to peak hour train services. The BoM had warned of “very dangerous” storm cells headed for Brisbane, Logan and the Gold Coast, but […]

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Victorian fires: Emergency warnings remain in place for Kyneton, Benalla, Longwood fires – ABC News (Australian Broadcasting Corporation)

Victorian fires: Emergency warnings remain in place for Kyneton, Benalla, Longwood fires – ABC News (Australian Broadcasting Corporation). Hot weather and a cool gusty change has sparked over 200 fires in Victoria with a number of emergency watches still in place. There are three main trouble spots in and around Kyneton, Benalla and Longwood East, south […]

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MYEFO: Budget deficit forecast for 2014-15 increases $10 billion to $40.4 billion – ABC News (Australian Broadcasting Corporation)

MYEFO: Budget deficit forecast for 2014-15 increases $10 billion to $40.4 billion – ABC News (Australian Broadcasting Corporation). The Federal Government says it is “on the right track” to put the budget back in the black in 2019-20. It means the budget would return to surplus in a third term of a Coalition government. The […]

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MYEFO: Australia set to emerge from once-in-a-century resources boom with little to show for it – ABC News (Australian Broadcasting Corporation)

MYEFO: Australia set to emerge from once-in-a-century resources boom with little to show for it – ABC News (Australian Broadcasting Corporation). “It’s the economy, stupid.” That famous phrase, uttered by advisor James Carville in 1992 to then presidential hopeful Bill Clinton, has resonated across the globe. It doesn’t matter how successful a leader is at […]

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Blockading Australia’s largest coal mine – Features – Al Jazeera English

Blockading Australia’s largest coal mine – Features – Al Jazeera English. Maules Creek, Australia –  On a balmy Sunday in late November, the renowned Rugby Union Wallabies player David Pocock chained himself to mining equipment where he spent the next 10 hours with a handful of others to protest against the bulldozing of a state forest […]

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Fairfax Ipsos poll shows climate change concerns heating up around Tony Abbott

Fairfax Ipsos poll shows climate change concerns heating up around Tony Abbott. Six out of 10 of Australians think Tony Abbott’s Direct Action policy has left the country with an inadequate policy response to the problem of global warming, according to the latest Fairfax Ipsos poll. The finding comes as Foreign Minister Julie Bishop attends […]

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Australia’s Dutch Disease More Severe Than Canada’s: Currencies – Bloomberg

Australia’s Dutch Disease More Severe Than Canada’s: Currencies – Bloomberg. The currency market is diagnosingAustralia with a worse case of “Dutch Disease” than Canada as the commodity-heavy economies suffer the fallout from slumping prices. After a decade-long boom in raw materials that pushed up their exchange rates, manufacturing in both countries is shrinking and some economists are drawing parallels to the Netherlands […]

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Climate response made in the USA – The Drum (Australian Broadcasting Corporation)

Climate response made in the USA – The Drum (Australian Broadcasting Corporation). The climate talks in Peru are leading to the possibility that the post-2020 response will be “made in the USA”. Meanwhile, Australia could be doing more to help, writes Erwin Jackson. Will the post-2020 climate change framework be “made in the USA”? This […]

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BBC News – Australia sweats over extreme hot weather

BBC News – Australia sweats over extreme hot weather. Australia has always suffered from bouts of extreme hot weather but the number and intensity of heatwaves is on the rise, prompting a rethink of how the country lives, works and plays in the sun. Some like it hot, but the 13-day stretch with temperatures exceeding […]

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Australian Banks Seen Needing $25 Billion in Capital – Bloomberg

Australian Banks Seen Needing $25 Billion in Capital – Bloomberg. Commonwealth Bank of Australia and its three main competitors may need as much as A$30 billion ($25 billion) after a government-commissioned inquiry called for “unquestionably strong” capital levels, analysts said. The shortfall is based on lenders needing to boost levels to within the top quartile of […]

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