CEDA’s Economic and Policy Outlook 2023 looks at the key issues likely to shape economic and policy outcomes in the year ahead. It provides valuable analysis to help policy-makers and business respond to critical issues.

This study demonstrates how the proposed design of the Australian government’s Safeguard Mechanism (SGM) includes loopholes that will enable and effectively subsidise highly polluting new fossil fuel projects, placing Australia’s emission reduction targets at risk, while transferring billions of dollars of additional costs to other Australian businesses, consumers, and taxpayers.

This report was commissioned by ARENA, and prepared by Deloitte, in consultation with Alcoa, Rio Tinto and South32. It considers the technical, commercial and market implications for emerging low emissions alumina refining and identifies key pathways to emissions reduction for one of Australia’s hard to abate industries.

This consultation paper has been released as part of the development of the National Energy Performance Strategy.

Australia’s public and private sectors are making much-needed investments, as the nation shifts from an energy system powered by coal, oil and gas to one powered by renewables and storage. This report calls on the Albanese Government to support solutions that benefit regional farming communities, while at the same time reducing carbon emissions.