Good morning, it is Harry right here writing your each day wrap from stunning Queensland.
Today’s must-reads:
• Treasury to tighten guidelines on overseas funding into vital minerals
• Housing market climbs once more
• Macquarie amongst builders given inexperienced mild for offshore wind initiatives
Australia will tighten scrutiny of overseas funding into mining and refining of vital minerals as a part of an overhaul of its nationwide regime, whereas rushing up approvals in low-risk areas to spice up financial development. Treasurer Jim Chalmers will announce the adjustments in a speech to the Lowy Institute suppose tank in Sydney on Wednesday, saying Australia welcomes worldwide funding “but only if it’s in our national interest.”