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The Latest Breaking News from Rod Sims

Opera Australia grasps The Ring, but plunges to a loss

Opera Australia's groundbreaking production of Wagner's Ring Cycle contributed to another deficit for 2023.

AAP

Australia could cut global emissions with green metals

Australia could remove much more than its share of greenhouse gas emissions by using its natural advantages, a business leader argues.

AAP

Damage from methane adds to pressure for carbon levy

A leading economist has doubled down on calls for a $100 billion a year carbon tax to back new industries and stop pumping out "astounding" levels of methane.

AAP

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Too much local love 'will hurt' new industry chances

The former head of the ACCC has warned against an ad hoc approach that could mean Australia misses out on opportunities in the clean energy transition.

AAP

Morning Mail: Dutton’s visa call, $100bn fossil fuel tax proposed, Kremlin adds to most wanted list

Then home affairs minister intervened to extend criminal’s stay

The Guardian - AU

Fossil fuel carbon levy would fund climate 'solutions'

A levy on fossil fuel carbon would help greener products to compete and fund initiatives to mitigate the impacts of climate change, a think tank says.

AAP

Australian fossil fuel tax could raise $100bn in first year alone, Rod Sims and Ross Garnaut say

Revenue from carbon solution levy could subsidise green iron, aluminium and fuel production, veteran economists argue

The Guardian - AU

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$60m boost needed to stop greenhouse gas 'guessing'

Former ACCC chairman Rod Sims says Australia is not accurately tracking greenhouse gas emissions and needs new technology to meet international standards.

AAP

Australians ripped off by shipping companies teaming up to keep freight costs high, Rod Sims says

ACCC renews call for more power to encourage competition as its former chair says deals like that between ZIM and MSC lead to higher prices

The Guardian - AU

Head of Australia’s competition watchdog calls for new mandate to police airline industry

Exclusive: Gina Cass-Gottlieb says ACCC needs greater powers to help new entrants compete with Qantas and Virgin

The Guardian - AU

Grattan on Friday: the Albanese government has questions to answer on competition

The Albanese government this week announced a review of competition policy. At the same time, it is not able to convincingly explain its decision to refuse Qatar Airways’ bid to expand its flights to Australia.

The Conversation

Revealed: major Australian supermarkets almost never the cheapest place for your fresh produce

Exclusive: Guardian survey shows fruit and vegetables at independent and Asian grocers are routinely cheaper than Woolworths and Coles

The Guardian - AU

India will have huge leverage in bargaining dynamics with big tech: Australian MP Paul Fletcher

In a boost to the Digital India Act, Australian MP Paul Fletcher on July 18 said that India would have an edge over tech giants in “bargaining dynamics” if a legislation governing revenue-sharing between social media platforms and news publishers is brought in place, said Australian MP Paul Fletcher.

The Hindu

The fight over the future of digital news is in Canada

OTTAWA, Canada — A law that props up the news industry has turned Canada into the latest battleground for global tech giants that are pushing back against governments trying to curb their dominance.

Tribune News Service

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The New Daily

ACCC says it’s crucial that rules change to prevent Qantas, Virgin duopoly

The Albanese government is facing growing calls to crack down on major airlines like Qantas hoarding plane slots at Sydney Airport.

The Guardian - AU

Qantas and Virgin given little incentive to cheapen air fares, watchdog warns

ACCC warns airline industry is at ‘critical juncture’ with a developing duopoly stunting competition

The Guardian - AU

‘Paying too much’: calls for ongoing inquiry to monitor airlines over price-gouging fears

Exclusive: consumer and aviation figures call for continued scrutiny as Australian companies post multibillion-dollar profits and ticket prices remain high

ABC News

The gas industry is being hit with jacked-up taxes. What's changing?

Tuesday's federal budget will include changes to a key tax levied on gas exporters, aimed at bringing billions in additional revenue to the budget over the next few years. But some say it still falls too far short.

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Newcastle Herald

Port of Newcastle says competition watchdog's container case loss won't stop its plans

ACCC comments on its loss in major container terminal case

The Guardian - AU

Energy users and ex-ACCC boss praise government for staring down ‘bullies of the gas industry’

Industry argues capping gas at $12 a gigajoule risks future investment but experts say price is top end of range forecast before invasion of Ukraine

The Conversation

To start cutting gas and electricity prices, here's what the government looks likely to deliver by Christmas

Treasurer Jim Chalmers says he’ll have a system in place to deal with rising energy prices by Christmas.

The Conversation

Cheaper gas and electricity prices are within Australia's grasp – here's what to do

Virtually every country in the world is facing a crisis in energy costs, yet while other countries can’t do much about it, Australia can.

The Guardian - AU

Morning Mail: push for gas export limits, teen vaping addicts call Quit, UN doubts climate pledges

Thursday: Former competition watchdog boss Rod Sims says gas industry ‘just needs the threat’ of export caps to lower prices. Plus: 46 uses for leftover cheese

The Guardian - AU

Threaten Australian gas companies with export limits to rein in domestic prices, former ACCC boss says

Exclusive: Rod Sims argues federal government needs to be tougher, stating ‘it just needs the threat and I think they will act’

The Conversation

Politics with Michelle Grattan: Rod Sims on tax reform and the gas price crisis

The government has flirted with, and now ruled out, changing the Stage 3 tax cut in the October 25 budget, which appears set to be dominated by some deep spending cuts. In the longer term, however, debate will continue over the need to reform Australia’s tax system, as the calls…

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