Lining Twiggy s pockets : Nationals leader David Littleproud attacks Labor s renewable energy incentives skynews.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from skynews.com.au Daily Mail and Mail on Sunday newspapers.
Mining giant BHP would pay a bidder about $275 million to take the biggest coal mine in NSW off its hands even as prices of the fossil fuel soar to levels not seen since 2008.
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With Australian coal stacked up off Chinese ports and almost weekly news of a new Chinese embargo, Australia s new Trade Minister, Dan Tehan, is eager to sell to India. He wants to reopen negotiations on the Australia-India Comprehensive Economic Co-operation Agreement, begun in 2011 and stalled since 2015. And given the current state of the Australian economy, time is of the essence.
India has the world s sixth-largest economy, and despite being hard hit by the coronavirus pandemic, it is sure to rise to fifth place before long, trailing the United States, China, Japan, and Germany. It is also a perfect partner for Australia, importing coal, gas, copper, gold and aluminium. So what s the problem?