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  • Business
    Australian Associated Press

    Call for more biofuels to keep trucks, utes on the road

    Aussies are lagging on decarbonisation and risk paying an ongoing "green premium" for alternative fuels without changes to government policy and carbon markets.

  • Business
    Reuters

    Uber to pay $178 million in Australia taxi class action settlement

    SYDNEY (Reuters) -Uber has agreed to pay A$271.8 million ($178 million) to settle a lawsuit brought by Australian taxi operators and drivers, who say they lost income when the ride-hailing company moved into the country, a law firm said on Monday. The settlement is Australia's fifth-largest, Maurice Blackburn Lawyers said in a statement. The class action suit was filed in 2019 in the Supreme Court of Victoria state on behalf more than 8,000 taxi and hire car owners and drivers, accusing Uber of breaking laws requiring taxis and hire cars to be licenced.

  • News
    Reuters

    Australia's MinRes to develop a lithium processing hub in Goldfields region

    MELBOURNE (Reuters) -Australia's Mineral Resources said on Monday it intends to develop a lithium processing hub in the Goldfields region of Western Australia after its buyout of Poseidon Nickel's Lake Johnston nickel concentrator plant and mining rights. Billionaire Chris Ellison who leads the diversified miner has been vocal about his plans to centrally process lithium ore mined in the region from third parties and from miners it has a stake in, in a "hub and spoke" model. Australia ships out around half of the world's supply of the battery raw material and the move is another step in the magnate's plan to dominate the lithium sector where it already owns three hard rock mines.