Opposition figures like Senator Michaelia Cash call the spending tone-deaf, contrasting resort stays with domestic cost-of-living struggles, while the government defends it as key to climate finance and Pacific influence.
The planemaker is set to reduce its commercial airplanes workforce by around 5 per cent starting in December, with its plan to ramp up manufacturing of 737 MAX aircraft hampered by “slower than expected” wing production at its Renton factory.
Senior analyst David Dixon noted Australia is exiting coal at double the rate of new renewables, amid delays in projects under the government’s Capacity Investment Scheme.