A $35 billion mega-project by billionaire Mike Cannon-Brookes to export renewable energy to Asia has cleared a significant hurdle.
The R&D tax offset has served as a life raft for some of Australia’s most prominent technology start-ups,though in some cases it wasn’t enough.
The project to build Australia’s largest solar farm has been approved after collapsing last year due to a rift between billionaires Mike Cannon-Brookes and Andrew Forrest.
Australia’s largest power supplier is moving ahead with its plans to turn its old coal sites into low-carbon industrial energy hubs,despite Peter Dutton’s push for them to host nuclear.
Bec Wilson asserts the banks believe cash will disappear in seven years (“Cash is dead. Why are we still pretending it isn’t?“,May 11). She should have written that the banks want cash to disappear in seven years. This is so they can charge retailers more in transaction fees who can then pass it on to consumers.
Sun Cable’s cofounder wants Australia to think bigger about the green energy switch,saying the nation should strive to become a renewable energy superpower.
Australia can bid for solar cell factories,but if we lack the power to run them,the hope is forlorn.
AGL will partner with a start-up backed by its biggest shareholder,Mike Cannon-Brookes,to assess building a first-of-its-kind solar panel factory in the NSW Upper Hunter region.
John Singleton has sold his former head office in Sydney’s trendy Paddington to Annie Cannon-Brookes,the estranged wife of Mike Cannon-Brookes,the billionaire co-founder of tech giant Atlassian.
Despite his $117 million buying a solitary Senate seat,the sheer scale of Clive Palmer’s advertising blitz set a template for any rich-lister who wants to sway an election result.
Market optimism in global technology companies has see-sawed over the past 12 months,amid lay-offs and valuation drops.