Good morning, it is Harry right here writing your every day wrap from lovely Queensland.
Today’s must-reads:
• Treasury to tighten guidelines on overseas funding into crucial minerals
• Housing market climbs once more
• Macquarie amongst builders given inexperienced mild for offshore wind tasks
Australia will tighten scrutiny of overseas funding into mining and refining of crucial minerals as a part of an overhaul of its nationwide regime, whereas dashing up approvals in low-risk areas to spice up financial development. Treasurer Jim Chalmers will announce the modifications 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.”