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Politics

Grace Crivellaro

Industry bailouts defended as Iran war smashes markets

Tim Ayres Lukas Coch Rio Tinto Australia CSIRO

A huge bailout for Rio Tinto's smelter is a 'slam dunk' for productivity, a senior minister says. (Joel Carrett, Bianca De Marchi/AAP PHOTOS)

With fuel shortages biting amid global tensions, the federal government is betting Australia's future on a tighter link between industry, science and research.

Industry Minister Tim Ayres used his first National Press Club address to outline Labor's strategy for a more connected system.

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Israeli ambassador to Australia says he hopes for return to ‘traditional friendship’ on October 7 anniversary eve

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