Australia politics live: Rio Tinto given $2.5bn bailout for Australia’s largest aluminium smelter; tech giants face law to pay for news content

Tim Ayres says bailout means the facility will remain operational until 2039. Follow today’s news live Get our breaking news email, free app or daily news podcast The shadow defence minister, James Paterson, says his party will take a “careful” approach to migration planning, and that Andrew Bragg was speaking in a p

SYDNEY, Aug 12 : Australia will raise the number of deals large tech firms must strike with local news outlets under a revamp of its media licensing laws to be introduced to parliament on Thursday, the government said, adding the measure would distribute advertising revenue to more domestic outlets.The changes also com

Under the deal, the Commonwealth and state of NSW will split the cost down the middle, with Rio Tinto contributing at least $1.1 billion to reduce its power usage and gear toward renewables.

Australia’s biggest aluminium smelter is set to receive a major bailout package following long-running crisis talks with the federal and NSW governments.

Australia’s biggest aluminium smelter is set to receive a major bailout package following long-running crisis talks with the federal and NSW governments.