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Business News Releases

Inquiry into Snowy 2.0 by the JCPAA

THE Joint Committee of Public Accounts and Audit has commenced an inquiry into Snowy Hydro Limited’s management of the Snowy 2.0 project following a major project reset in August 2023.

Snowy 2.0 is the largest committed renewable energy project in Australia. The project reset doubled the estimated project cost from $6 billion to $12 billion and extended the expected completion dates. A further cost reassessment was announced in October 2025 but is yet to be released.

Committee Chair Josh Burns MP said, "Snowy 2.0 is vital for Australia’s energy future but the project has seen delays, growing costs and performance issues. The committee wants to understand Snowy Hydro Limited’s management of these issues and the lessons for other major public infrastructure projects.

"The financial risks of massive public projects like Snowy 2.0 rest with Australian taxpayers. The Parliament needs to ensure there are strong governance, risk management, forecasting and oversight arrangements in place to see this project completed."

The inquiry’s terms of reference include examining Snowy Hydro Limited’s management of Snowy 2.0, particularly the project reset and cost forecasting, schedule and risk management, and contractor oversight. The inquiry will further consider the findings in Auditor-General Report No. 39 2025–26, Delivery of Snowy 2.0.

Submissions to the inquiry addressing the terms of reference have been invited by Friday, October 9.

Further details of this inquiry – including its terms of reference, submissions received and public hearing schedules – can be accessed on the inquiry website.

 

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Stop studying productivity, start delivering it says HIA

THE Business Council of Australia’s latest warning on declining productivity should be a catalyst for governments to move from analysis to action, Housing Industry Association (HIA) managing director Jocelyn Martin said today.

“The Productivity Commission has identified the challenges. The Business Council has reinforced them. The Senate Cost of Living Inquiry highlighted them. The Senate Housing Productivity Inquiry highlighted them," Ms Martin said.

“The evidence is now overwhelming. The challenge is no longer identifying the problem. The challenge is whether governments are prepared to act.”

Ms Martin said housing was one of the clearest examples of how declining productivity, excessive regulation and poor policy settings were undermining economic growth and living standards.

“HIA forecasts continue to show Australia will fall well short of the 1.2 million homes target," Ms Martin said.

“The barriers are not a mystery. They include planning delays, workforce shortages, infrastructure constraints, excessive regulation and declining project feasibility.

“You cannot regulate or tax your way to higher housing supply.”

Ms Martin said governments should respond with measurable productivity and red tape reduction targets.

“The Business Council’s proposal to reduce the cost of red tape by 25 per cent by 2030 deserves serious consideration," Ms Martin said.

“Governments set targets for housing delivery, emissions reduction and budget outcomes.

“They should also set targets for reducing regulatory burden and publicly report on their progress.”

HIA is calling for a practical productivity reform agenda that includes:

  • A national red tape reduction target.

  • A one-in, two-out approach for new regulation.

  • A mandatory small business test for all new regulatory proposals.

  • Greater accountability for regulators and rule-makers to consider productivity, investment, housing supply and economic growth impacts.

  • Greater use of Artificial Intelligence to simplify regulation, improve transparency and accelerate approvals.

“AI presents a significant opportunity to improve the way government operates," Ms Martin said.

“We should be using technology to reduce bureaucracy, improve transparency and streamline approvals, not simply digitise inefficient processes.

“Builders should spend more time building homes and less time navigating unnecessary administrative complexity.”

Ms Martin said productivity reform ultimately comes down to making it easier for businesses to invest, employ people and grow.

“If Australia wants more homes, stronger economic growth and higher living standards, governments need to move beyond acknowledging the productivity challenge and start delivering reform.

“We don’t need more evidence.

“We need targets, accountability and action,” Ms Martin said.

www.hia.com.au

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PJCIS launches inquiry into the nature and drivers of radicalisation in Australia

THE Parliamentary Joint Committee on Intelligence and Security (PJCIS) has commenced an inquiry into the nature and drivers of radicalisation in Australia, following a referral from the Minister for Home Affairs.

The inquiry will examine the nature and drivers of radicalisation as they relate to politically motivated violence, terrorism and violent extremism in Australia.

The inquiry will consider pathways to radicalisation, including key drivers and contributing factors, the role of technology and encrypted communications, the use of algorithms in amplifying extremist content, and the radicalisation and grooming of minors, including through gaming and gaming-adjacent platforms.

The committee will also examine the obligations of digital platforms, gaming and messaging providers in detecting, reporting and responding to extremist content, as well as relevant international responses and lessons for Australia.

Chair of the PJCIS, Senator Raff Ciccone, said the inquiry provides an important opportunity to better understand the evolving nature of radicalisation and its implications for Australia's security:

"Violent extremism and politically motivated violence continue to present complex challenges for governments, communities and law enforcement agencies.

"This inquiry will examine the factors that contribute to radicalisation, including the impact of emerging technologies and online environments, and consider whether existing responses remain fit for purpose," he said.

"The committee is seeking evidence from experts, industry, government agencies, community organisations and members of the public to help inform its work."

The committee has invited submissions to the inquiry by close of business Friday, October 30. Submissions should be prepared solely for this inquiry and should not be published prior to being accepted by the Committee.

Further information about making a submission can be found on the Parliament of Australia website.

Further details on the inquiry are available on the committee’s website.

 

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Electoral Matters Committee heads to Darwin and Perth for September hearings

THE Electoral Matters Committee will hold public hearings in Darwin and Perth as part of its inquiry into the 2025 Federal Election.

Committee Chair, Jerome Laxale MP said, ‘The committee is looking forward to hearing directly from people in the Northern Territory and Western Australia about their experiences of the 2025 Federal Election. Evidence from communities across Australia is essential to understanding what worked well and where our electoral system can be improved."

The committee will hold hearings in Darwin on Wednesday, September 23, and Perth on Thursday, September 24. Members of the public will have an opportunity to get on the record by making short verbal statements of up to five minutes during community sessions.

"We want to hear from people about their election experience, whether or not they have already made a written submission. Community statements help the Committee understand how elections affect people in different parts of the country and ensure those perspectives inform our recommendations," Mr Laxale said.

To register your interest in making a statement, contact the Committee Secretariat at This email address is being protected from spambots. You need JavaScript enabled to view it. and include:

  • your name and contact details
  • which hearing you would like to attend
  • the topics you would like to discuss
  • how you participated in the 2025 Federal Election, such as as a voter, candidate, volunteer or campaign worker.

The committee would like to hear from as many people as possible, however, depending on demand and the final hearing programs, not everyone who registers may be able to make a statement.

Further information on the 2025 election inquiry can be found at the inquiry webpage. Committee details can be found at the Committee’s webpage.

Public hearing details

Date: Wednesday, 23 September 2026
Time: 9am to 2pm ACST
Location: Vibe Hotel Darwin Waterfront, Darwin NT

Date: Thursday, 24 September 2026
Time: 9am to 3pm AWST
Location: DoubleTree by Hilton Perth Northbridge, Perth WA

Programs for the hearings will be advertised on the Committee’s public hearings webpage as they are finalised. The hearings will be broadcast live at aph.gov.au/live.

 

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My First Speech competition 2026 – winners to deliver speeches at Parliament House

ON MONDAY, September 14, the winners of the My First Speech competition for 2026 will travel to Canberra to deliver their speeches to the Speaker of the House of Representatives, Milton Dick MP, and Members of Parliament.

The My First Speech competition invites students to imagine themselves as a newly elected Member of the House of Representatives and write a 500-word speech on a topic they are passionate about.

This year, more than 500 entries from students across Australia were submitted. Entries were shortlisted by the Department of the House of Representatives and the three winners – one each from Years 10, 11 and 12 – were selected by a judging panel, convened by the Speaker, consisting of the Member for Barton, Ash Ambihaipahar MP and the Member for Mayo, Rebekha Sharkie MP.

The Speaker said, "The My First Speech Competition is a fantastic way for our future leaders to engage with democracy and speak about the issues that matter most to them.

"It is so important that we continue to create opportunities for young Australians to connect with their Parliament," he said. "Hearing their voices, ideas and perspectives is a sign of a vibrant and healthy democracy, and something I am deeply passionate about."

My First Speech Competition 2026 – Winners’ Presentation Event & Speeches

Monday 14 September 2026, 11am – 11.45am
Presiding Officers Exhibition Area, Level 1, public area (near the post office)
Parliament House, Canberra

To find out more, please visit My First Speech competition

 

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