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Browsing: Australia news
As Australia prepares for its next federal election, the process of selecting a prime minister will revolve around voter sentiment, party leadership contests, and key issues like climate change and the economy, shaping the nation’s political landscape for years to come.
Australia is ramping up its regulatory framework for cryptocurrencies, as exchanges expand amid rising interest. This move aims to enhance consumer protection and financial stability, testing the industry’s adaptability to stricter oversight.
Trafigura has abandoned its plans for a $471 million hydrogen plant in South Australia, citing regulatory challenges and market conditions. The decision underscores the complexities facing large-scale renewable energy projects in the region.
Ex-cyclone Alfred has severely eroded the beaches of Surfer’s Paradise on Australia’s Gold Coast, leaving significant damage in its wake. Local authorities are assessing the impact and working on recovery plans as residents face a challenging cleanup process.