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Australia news live: Albanese government announces ‘largest ever’ tender for renewable energy projects; international travel grows again



Tender for 6GW of new power generation includes a renewables deal for 2.2GW of power for NSW. Follow the day’s news liveGet our morning and afternoon news emails, free app or daily news podcastGlobal financial uncertainty has prompted the Treasury to downgrade its growth forecasts for major economies ahead of the federal budget, AAP reports.Geopolitical tensions in the Middle East as well as a slowdown in China has led to the rethink on global economies, with the treasurer, Jim Chalmers, warning of a “fraught and fragile” outlook internationally.Events in the Middle East are casting a shadow over the global economy, compounding the concerns about lingering inflation and weaker growth.The fraught and fragile global outlook was a big feature of discussions in Washington DC and will be a big factor as we put the finishing touches on the budget. Continue reading…



Source link : https://www.theguardian.com/world/live/2024/apr/22/australia-news-live-albanese-renewable-energy-international-travel-covid-mushroom-poisoning-erin-paterson-wakeley-riots-stabbing

Author : Emily Wind

Publish date : 2024-04-21 21:43:55

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Tags :The Guardian

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