
Big call in face of Trump tariff threat
The PBS is a list of federally subsidised medicines and compels foreign drugmakers to negotiate prices with the government – a deeply unpopular requirement among American companies.
Pharma lobbyists in the US have urged the Trump administration to consider using tariffs on Australia to weaken the scheme, but the Albanese government has been adamant the PBS was not on the table.
Senior Coalition senator Bridget McKenzie said on Thursday it was a position the opposition shared. Senior Coalition senator Bridget McKenzie says the PBS has 'bipartisan' backing in Canberra. Martin Ollman / NewsWire Credit: News Corp Australia
'We've got a bipartisan approach to our PBS,' Senator McKenzie told Nine's Today.
'It underpins our universal healthcare system and makes sure no matter who you are in Australia, you can access great, world-class leading drugs for your family's health.'
She said the challenge was 'about getting the right deal, not undermining our PBS, but also recognising we're one of the world leaders in medical research'.
However she also criticised the Albanese government's handling of the relationship with Washington, saying 'the number of things we don't get a heads up on with the US is appalling'.
'As we've been saying … for so long, over 240 days since the election in the US, our prime minister is yet to meet the President,' Senator McKenzie said.
'And that is having flow-on impacts right throughout our economy, not just the PBS with our biosecurity, the beef trade, the tariff issue, and now AUKUS.'
More to come.
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Perth Now
an hour ago
- Perth Now
Five ways Trump's tariffs will impact you
Australia may have avoided the worst of the US tariffs, but it is still likely to impact every household in a few key ways. Starting August 1, US trading partners faced a wave of fresh levies. US President Donald Trump signed in higher rates for many countries under a new executive order, but so far has left the original baseline tariffs at 10 per cent. Australia does not have an additional 'reciprocal tariff' and only faces the base rate. Australia's tariff rate will remain at the baseline of 10% as US President Donald Trump announced an increase for dozens of economies around the world. AMP chief economist Shane Oliver said while Australia would not be directly impacted, there would be second order impacts. 'It is good news for Australian companies but the threat to global growth remains significant,' Dr Oliver said. 'The average tariff rate is 20 per cent …. well up from the two to three per cent tariff going to the US at the start of the year. 'There is going to be a hit to the US economic growth and global growth as there is a big increase compared to last year.' This slowdown is the biggest threat to the Australian economy. Interest rate In a win for mortgage holders and a loss for savers, the fallout from Trump's tariffs could see interest rates cut further than previously anticipated. Dr Oliver said on the back of slowing economic growth households with a mortgage could benefit from lower rates. 'It won't push prices up in Australia …. if anything, the weaker economic growth environment that might unfold could mean less inflation,' he told NewsWire. 'But there is this perverse thing because of the uncertainty imposed on global growth. 'It could mean lower than otherwise interest rates and households with mortgages will benefit from that.' The cash rate could fall due to the tariffs impact. NewsWire / Nicholas Eagar Credit: NewsWire The RBA minutes from July showed while interest rates were kept on hold, the board was already debating the impact of Trump's tariffs. The minority in favour of a cut argued that US tariff policy would be a drag on future global economic growth, Australia's economy is subdued, household spending was weak and the economy lost momentum. 'Uncertainty in the world economy remained pronounced and the material increase in US tariffs – even if not as extreme as had been announced in early April – would be a drag on future growth abroad, and thereby domestic economic activity and inflation,' the minutes of the RBA's monetary policy meeting said. Jobs market While interest rate falls could help mortgage holders, the same economic fallout could smash the Australian jobs market. In its latest release of jobs data, the ABS revealed Australia's unemployment rate jumped to 4.3 per cent — its highest level since the post pandemic recovery. Still, it remains lower than the long term average. The second order impacts could see Australians lose jobs. NewsWire / David Crosling Credit: News Corp Australia Dr Oliver also said Australians might find the overall economic market tougher in the foreseeable future, which would impact jobs. 'If global growth is weaker that means less demand for our exports, less national income which could adversely affect economic growth in Australia, which could mean the jobs market may not be as strong as it has been,' he said. 'It might be a tougher economic environment generally for Australians meaning it's a little bit harder to get a job.' Superannuation Investments in shares and superannuation are tipped to be more volatile, although it is unlikely to see the same dramatic drop as the post 'Liberation day falls'. When the tariffs were first announced on April 7, the ASX 200 wiped almost $110bn off as it fell by 4.2 per cent. The market eventually fell to a low point of 7169 points before rallying 22 per cent to the end of July. IG market analyst Tony Sycamore said currently the market reaction was 'subdued' to the tariffs, with investors learning tariffs could be negotiated. 'The combination of these factors has kept market volatility low at this point of time,' Mr Sycamore said. 'What could change this situation, is retaliatory tariffs from impacted countries, which in turn could lead to higher tariffs from the US than the ones announced this morning.' Australia's meat has so far been the surprising winner from the tariff fallout. NewsWire / Nikki Short Credit: News Corp Australia Meat and livestock Australian beef producers are so far the surprising winner out of Mr Trump's crackdown on imports, as limited stock and a lack of supply sees Australia emerge as the last man standing. Commonwealth Bank sustainable and agricultural economist Dennis Voznesenski previously told NewsWire strong demand out of the US would continue to support new all-time highs. 'The US has largely four sources to import beef from abroad, being Mexico, Canada, Brazil and Australia,' Mr Voznesenski said. 'Mexico has a flesh eating bacteria called new age screw worm with the US closing the border to Mexico … Canada exports to the US are down 25 per cent from last year as they rebuild stock and as of August 1 President Trump plans to put a 50 per cent tariff on Brazil.' The economist said US farmers currently had a multiple-decade low supply of beef, meaning they will need to continue to export from other countries. 'Typically with tariffs the objective is to the onshore industry. With some products you can restart quickly, but with cattle it's just not how it works, ' Mr Voznesenski said. Buying medicines Australians as a whole could be paying more for medicines as the US President took aim at 'foreign freeloading nations.' In a group, which alluded to Australia's pharmaceutical benefit schemes, Mr Trump issued a letter to the bosses of 17 drug firms on Thursday demanding they extend 'most favoured nation' pricing to the US. The price of drugs could increase. NewsWire / Martin Ollman Credit: NCA NewsWire 'Domestic MFN pricing will require you, and all manufacturers, to negotiate harder with foreign freeloading nations,' Mr Trump wrote in the letters. 'US trade policy will endeavour to support this. However, increased revenues abroad must be repatriated to lower drug prices for American patients and taxpayers through an explicit agreement with the United States.' While pointing out the full impact was currently unknown, Dr Oliver said it was conceivable individual Australians or the government would have to pay more for medicines.


Perth Now
an hour ago
- Perth Now
Weekend protest chaos hits second state
Melbourne police are gearing up for heightened pro-Palestinian protests this weekend as conflict over a major protest in Sydney has the NSW police scrambling for a court-ordered stop to another demonstration. Protesters in Sydney are planning - without a permit - to block the Harbour Bridge on Sunday. In Victoria, no such permitting system exists, but the prominent pro-Palestine organisation plans to block the major King Street bridge across Melbourne's Yarra River in solidarity on the same day. Speaking to media on Friday, Superintendent Troy Papworth appealed to the broader Melbourne protest group to protest 'lawfully'. Lawful, large-scale protests have been taking place in Melbourne regularly since 2023. NewsWire / Valeriu Campan Credit: News Corp Australia Police had identified a small number of the protest group who were likely to cause 'confrontation', he said. The King Street bridge was too vital for emergency services to be blocked by protesters, Superintendent Papworth said. He would not elaborate on what protest behaviours would be deemed illegal, nor how many additional officers would be dispatched on Sunday. 'We police to the risk, and if people there at the protest on the weekend are engaged in criminal behaviour, they can expect to be arrested.' Protesters in Melbourne marched to the National Gallery of Victoria on July 27. NewsWire / Valeriu Campan Credit: News Corp Australia Free Palestine Coalition has organised rallies in the CBD every Sunday for the past 92 weeks. The usual rally route stays in the CBD, and does not block any of the bridges across the Yarra River. 'Begin: State Library. End: King St Bridge to block the city for Gaza,'a social media post from an affiliated group said. 'In solidarity with Sydney communities who are marching on the Sydney Harbour Bridge. 'Free the people, free the land, no peace on stolen land.' The group has encouraged demonstrators to bring kitchenware. 'Bring pots and pans to highlight the manufactured starvation that is causing mass casualties in Gaza. 'These shut downs are in preparation for international mass strikes, sanctions and blockades to end Israeli impunity.' Superintendent Papworth spoke to the media at midday AEST Friday, shortly before a Supreme Court hearing in Sydney began. That court hearing was brought by the NSW Police, which is asking the courts to categorise the planned Harbour Bridge protest as unlawful and unauthorised.


The Advertiser
an hour ago
- The Advertiser
We spoke to Barnaby Joyce, and this is what he had to say about net zero
When Barnaby Joyce caught up with this masthead in Parliament House last week, the former deputy prime minister was in fine form. After being relegated to the backbench by Opposition Leader Sussan Ley, Mr Joyce was clearly enjoying the attention while talking up his private member's bill to abolish Australia's climate target. The member for New England, who says Ms Ley's predecessor Peter Dutton wanted to sack him for refusing to say nuclear energy would bring down electricity prices and opposing net zero, has gone rogue with his bill - which will be top of the agenda when politicians return to Canberra in three weeks' time. It's putting a spotlight on the Coalition's longstanding divisions over climate and energy, just as Ms Ley seeks to unite the opposition after its electoral wipe-out. Mr Joyce calls the pursuit of net zero a "lunatic crusade" and wants Australia to go with the cheapest possible energy - even if that is coal - and rails against renewables like solar and "swindle factories" (wind farms). And he's not the only one, with Coalition frontbencher Andrew Hastie taking aim at new Western Australian Liberal leader Basil Zempilas for supporting net zero this week, ahead of Ms Ley's upcoming visit. The Albanese government is seeking to extract as much political capital as possible from the issue, even as it comes under pressure over its own climate policy ahead of the United Nations General Assembly meeting in September. Labor passed a procedural motion on Thursday scheduling Mr Joyce's private member's bill for debate in the House of Representatives on the first sitting day back, August 25. It was a tactical play, aimed at dialling up the pressure on Ms Ley as she grapples with the longstanding conflict among her MPs over climate. The motion was opposed by all Coalition members except for Mr Joyce. His bill seeks to dismantle the 2050 net zero target - which the Coalition supported before the election but is now reviewing - by overturning or amending climate legislation. Ms Ley sought to downplay the divisions this week while vowing to allow all views to be considered as the Coalition reviews net zero through a working group led by energy and emissions spokesperson Dan Tehan. "It's going to flesh out the different perspectives," she said. "Everything is on the table." While conservatives want to ditch the target, some moderate Liberals say that without it, the Coalition, which has been reduced to just 43 lower house seats and 27 in the Senate, cannot form a credible alternative government or win back inner-city seats lost to teal independents. Climate Council chief executive Amanda McKenzie says the "centre of gravity in Australia now is for strong targets", with the majority of civil society and business groups supporting the clean energy transition, describing Mr Joyce as a "lone voice in the community". "[His] policy position is let it rip, like let the climate crisis get as bad as it can, because we're not going to do anything about it," Ms McKenzie told this masthead. "The science shows that we can if we let climate change go unchecked, that's a $4 trillion hit to the economy. That's the death of the Great Barrier Reef and the Queensland tourism industry ... Nearly 10 per cent of properties ... would be uninsurable." On Monday, One Nation Leader Pauline Hanson took up Mr Joyce's cause with an urgency motion in the Senate calling for Australia to abandon its net zero target. While it failed, Liberal senator Alex Antic and Nationals senator Matt Canavan joined One Nation's four senators and United Australia Party senator Ralph Babet in voting for it. When asked if she or her office directed Liberal senators to abstain from the vote, Ms Ley said only: "We're regularly in touch with senators, and we're regularly in touch with members via the whip, via the managers of both opposition business in the House and the Senate." Senator Canavan, one of the Coalition's most vocal critics of net zero, said there was no hurry to reach an agreed position this far out from the next election, telling reporters: "We're irrelevant right now, who cares what it looks [like] right now ... It doesn't have to be neat or tidy or pretty". When asked about the comment, Mr Tehan said it was "incredibly important that we have an alternative to put to the Australian people" and that work would continue "over the next nine to 12 months". As the Coalition pursued Labor in parliamentary question time over power bill costs on Thursday, Climate Change and Energy Minister Chris Bowen hit back with: "They are triggered every time we mention renewable energy." While Ms Ley seeks to mend the Coalition's climate rift, the government is pushing ahead with efforts to reduce Australia's carbon emissions through a transition to renewable energy. UN climate chief Simon Steele - who met with Mr Bowen in Canberra this week - has urged the government to "go big", saying the new target will be a "defining moment" for Australia, while Independent ACT senator David Pocock called it "the biggest test of the moral courage of the Albanese government". The Climate Council wants a commitment to slash emissions by 75 per cent by 2030 and reach net zero by 2035, saying this is the level required to "do our fair share to hold global warming well below 2 degrees Celsius" - the level scientists warn will tip global warming into catastrophic and irreversible territory - while the Greens say anything less would breach the Paris Agreement. Ms McKenzie said Australia had for years been a pariah on the international stage when it came to climate, but that things were turning around. "It was embarrassing to go to these international negotiations and say you're Australian ... But that has changed substantially," she said. READ MORE: "If there's a trade negotiation, we should be in the room. And the only way to get in the room is to have skin in the game ... You only have skin in the game in climate if you are acting, then you have credibility." Mr Bowen told the ABC: "We'll be setting our target in terms of our national interest, what's good for Australia, what comes out of the modelling as the right balance [and] as the Climate Change Act demands, [with] consideration of the science and all the evidence before us." The CSIRO, which this week released its annual GenCost report for 2024-25, says firm renewables backed by transmission are the lowest-cost new form of electricity generation technology, while small modular nuclear reactors are the most expensive. The Coalition is yet to decide if it wants to retain the policy Mr Dutton took to the election to build nuclear power plants to meet Australia's energy needs, but wants to lift the moratorium on nuclear as a starting point. When asked by Mr Tehan if the government would meet its target of achieving 82 per cent renewables by 2030 target, Mr Bowen said it took "some temerity from those opposite to ask this side of the house about meeting our targets, when they can't agree on whether they have a target". When Barnaby Joyce caught up with this masthead in Parliament House last week, the former deputy prime minister was in fine form. After being relegated to the backbench by Opposition Leader Sussan Ley, Mr Joyce was clearly enjoying the attention while talking up his private member's bill to abolish Australia's climate target. The member for New England, who says Ms Ley's predecessor Peter Dutton wanted to sack him for refusing to say nuclear energy would bring down electricity prices and opposing net zero, has gone rogue with his bill - which will be top of the agenda when politicians return to Canberra in three weeks' time. It's putting a spotlight on the Coalition's longstanding divisions over climate and energy, just as Ms Ley seeks to unite the opposition after its electoral wipe-out. Mr Joyce calls the pursuit of net zero a "lunatic crusade" and wants Australia to go with the cheapest possible energy - even if that is coal - and rails against renewables like solar and "swindle factories" (wind farms). And he's not the only one, with Coalition frontbencher Andrew Hastie taking aim at new Western Australian Liberal leader Basil Zempilas for supporting net zero this week, ahead of Ms Ley's upcoming visit. The Albanese government is seeking to extract as much political capital as possible from the issue, even as it comes under pressure over its own climate policy ahead of the United Nations General Assembly meeting in September. Labor passed a procedural motion on Thursday scheduling Mr Joyce's private member's bill for debate in the House of Representatives on the first sitting day back, August 25. It was a tactical play, aimed at dialling up the pressure on Ms Ley as she grapples with the longstanding conflict among her MPs over climate. The motion was opposed by all Coalition members except for Mr Joyce. His bill seeks to dismantle the 2050 net zero target - which the Coalition supported before the election but is now reviewing - by overturning or amending climate legislation. Ms Ley sought to downplay the divisions this week while vowing to allow all views to be considered as the Coalition reviews net zero through a working group led by energy and emissions spokesperson Dan Tehan. "It's going to flesh out the different perspectives," she said. "Everything is on the table." While conservatives want to ditch the target, some moderate Liberals say that without it, the Coalition, which has been reduced to just 43 lower house seats and 27 in the Senate, cannot form a credible alternative government or win back inner-city seats lost to teal independents. Climate Council chief executive Amanda McKenzie says the "centre of gravity in Australia now is for strong targets", with the majority of civil society and business groups supporting the clean energy transition, describing Mr Joyce as a "lone voice in the community". "[His] policy position is let it rip, like let the climate crisis get as bad as it can, because we're not going to do anything about it," Ms McKenzie told this masthead. "The science shows that we can if we let climate change go unchecked, that's a $4 trillion hit to the economy. That's the death of the Great Barrier Reef and the Queensland tourism industry ... Nearly 10 per cent of properties ... would be uninsurable." On Monday, One Nation Leader Pauline Hanson took up Mr Joyce's cause with an urgency motion in the Senate calling for Australia to abandon its net zero target. While it failed, Liberal senator Alex Antic and Nationals senator Matt Canavan joined One Nation's four senators and United Australia Party senator Ralph Babet in voting for it. When asked if she or her office directed Liberal senators to abstain from the vote, Ms Ley said only: "We're regularly in touch with senators, and we're regularly in touch with members via the whip, via the managers of both opposition business in the House and the Senate." Senator Canavan, one of the Coalition's most vocal critics of net zero, said there was no hurry to reach an agreed position this far out from the next election, telling reporters: "We're irrelevant right now, who cares what it looks [like] right now ... It doesn't have to be neat or tidy or pretty". When asked about the comment, Mr Tehan said it was "incredibly important that we have an alternative to put to the Australian people" and that work would continue "over the next nine to 12 months". As the Coalition pursued Labor in parliamentary question time over power bill costs on Thursday, Climate Change and Energy Minister Chris Bowen hit back with: "They are triggered every time we mention renewable energy." While Ms Ley seeks to mend the Coalition's climate rift, the government is pushing ahead with efforts to reduce Australia's carbon emissions through a transition to renewable energy. UN climate chief Simon Steele - who met with Mr Bowen in Canberra this week - has urged the government to "go big", saying the new target will be a "defining moment" for Australia, while Independent ACT senator David Pocock called it "the biggest test of the moral courage of the Albanese government". The Climate Council wants a commitment to slash emissions by 75 per cent by 2030 and reach net zero by 2035, saying this is the level required to "do our fair share to hold global warming well below 2 degrees Celsius" - the level scientists warn will tip global warming into catastrophic and irreversible territory - while the Greens say anything less would breach the Paris Agreement. Ms McKenzie said Australia had for years been a pariah on the international stage when it came to climate, but that things were turning around. "It was embarrassing to go to these international negotiations and say you're Australian ... But that has changed substantially," she said. READ MORE: "If there's a trade negotiation, we should be in the room. And the only way to get in the room is to have skin in the game ... You only have skin in the game in climate if you are acting, then you have credibility." Mr Bowen told the ABC: "We'll be setting our target in terms of our national interest, what's good for Australia, what comes out of the modelling as the right balance [and] as the Climate Change Act demands, [with] consideration of the science and all the evidence before us." The CSIRO, which this week released its annual GenCost report for 2024-25, says firm renewables backed by transmission are the lowest-cost new form of electricity generation technology, while small modular nuclear reactors are the most expensive. The Coalition is yet to decide if it wants to retain the policy Mr Dutton took to the election to build nuclear power plants to meet Australia's energy needs, but wants to lift the moratorium on nuclear as a starting point. When asked by Mr Tehan if the government would meet its target of achieving 82 per cent renewables by 2030 target, Mr Bowen said it took "some temerity from those opposite to ask this side of the house about meeting our targets, when they can't agree on whether they have a target". When Barnaby Joyce caught up with this masthead in Parliament House last week, the former deputy prime minister was in fine form. After being relegated to the backbench by Opposition Leader Sussan Ley, Mr Joyce was clearly enjoying the attention while talking up his private member's bill to abolish Australia's climate target. The member for New England, who says Ms Ley's predecessor Peter Dutton wanted to sack him for refusing to say nuclear energy would bring down electricity prices and opposing net zero, has gone rogue with his bill - which will be top of the agenda when politicians return to Canberra in three weeks' time. It's putting a spotlight on the Coalition's longstanding divisions over climate and energy, just as Ms Ley seeks to unite the opposition after its electoral wipe-out. Mr Joyce calls the pursuit of net zero a "lunatic crusade" and wants Australia to go with the cheapest possible energy - even if that is coal - and rails against renewables like solar and "swindle factories" (wind farms). And he's not the only one, with Coalition frontbencher Andrew Hastie taking aim at new Western Australian Liberal leader Basil Zempilas for supporting net zero this week, ahead of Ms Ley's upcoming visit. The Albanese government is seeking to extract as much political capital as possible from the issue, even as it comes under pressure over its own climate policy ahead of the United Nations General Assembly meeting in September. Labor passed a procedural motion on Thursday scheduling Mr Joyce's private member's bill for debate in the House of Representatives on the first sitting day back, August 25. It was a tactical play, aimed at dialling up the pressure on Ms Ley as she grapples with the longstanding conflict among her MPs over climate. The motion was opposed by all Coalition members except for Mr Joyce. His bill seeks to dismantle the 2050 net zero target - which the Coalition supported before the election but is now reviewing - by overturning or amending climate legislation. Ms Ley sought to downplay the divisions this week while vowing to allow all views to be considered as the Coalition reviews net zero through a working group led by energy and emissions spokesperson Dan Tehan. "It's going to flesh out the different perspectives," she said. "Everything is on the table." While conservatives want to ditch the target, some moderate Liberals say that without it, the Coalition, which has been reduced to just 43 lower house seats and 27 in the Senate, cannot form a credible alternative government or win back inner-city seats lost to teal independents. Climate Council chief executive Amanda McKenzie says the "centre of gravity in Australia now is for strong targets", with the majority of civil society and business groups supporting the clean energy transition, describing Mr Joyce as a "lone voice in the community". "[His] policy position is let it rip, like let the climate crisis get as bad as it can, because we're not going to do anything about it," Ms McKenzie told this masthead. "The science shows that we can if we let climate change go unchecked, that's a $4 trillion hit to the economy. That's the death of the Great Barrier Reef and the Queensland tourism industry ... Nearly 10 per cent of properties ... would be uninsurable." On Monday, One Nation Leader Pauline Hanson took up Mr Joyce's cause with an urgency motion in the Senate calling for Australia to abandon its net zero target. While it failed, Liberal senator Alex Antic and Nationals senator Matt Canavan joined One Nation's four senators and United Australia Party senator Ralph Babet in voting for it. When asked if she or her office directed Liberal senators to abstain from the vote, Ms Ley said only: "We're regularly in touch with senators, and we're regularly in touch with members via the whip, via the managers of both opposition business in the House and the Senate." Senator Canavan, one of the Coalition's most vocal critics of net zero, said there was no hurry to reach an agreed position this far out from the next election, telling reporters: "We're irrelevant right now, who cares what it looks [like] right now ... It doesn't have to be neat or tidy or pretty". When asked about the comment, Mr Tehan said it was "incredibly important that we have an alternative to put to the Australian people" and that work would continue "over the next nine to 12 months". As the Coalition pursued Labor in parliamentary question time over power bill costs on Thursday, Climate Change and Energy Minister Chris Bowen hit back with: "They are triggered every time we mention renewable energy." While Ms Ley seeks to mend the Coalition's climate rift, the government is pushing ahead with efforts to reduce Australia's carbon emissions through a transition to renewable energy. UN climate chief Simon Steele - who met with Mr Bowen in Canberra this week - has urged the government to "go big", saying the new target will be a "defining moment" for Australia, while Independent ACT senator David Pocock called it "the biggest test of the moral courage of the Albanese government". The Climate Council wants a commitment to slash emissions by 75 per cent by 2030 and reach net zero by 2035, saying this is the level required to "do our fair share to hold global warming well below 2 degrees Celsius" - the level scientists warn will tip global warming into catastrophic and irreversible territory - while the Greens say anything less would breach the Paris Agreement. Ms McKenzie said Australia had for years been a pariah on the international stage when it came to climate, but that things were turning around. "It was embarrassing to go to these international negotiations and say you're Australian ... But that has changed substantially," she said. READ MORE: "If there's a trade negotiation, we should be in the room. And the only way to get in the room is to have skin in the game ... You only have skin in the game in climate if you are acting, then you have credibility." Mr Bowen told the ABC: "We'll be setting our target in terms of our national interest, what's good for Australia, what comes out of the modelling as the right balance [and] as the Climate Change Act demands, [with] consideration of the science and all the evidence before us." The CSIRO, which this week released its annual GenCost report for 2024-25, says firm renewables backed by transmission are the lowest-cost new form of electricity generation technology, while small modular nuclear reactors are the most expensive. The Coalition is yet to decide if it wants to retain the policy Mr Dutton took to the election to build nuclear power plants to meet Australia's energy needs, but wants to lift the moratorium on nuclear as a starting point. When asked by Mr Tehan if the government would meet its target of achieving 82 per cent renewables by 2030 target, Mr Bowen said it took "some temerity from those opposite to ask this side of the house about meeting our targets, when they can't agree on whether they have a target". When Barnaby Joyce caught up with this masthead in Parliament House last week, the former deputy prime minister was in fine form. After being relegated to the backbench by Opposition Leader Sussan Ley, Mr Joyce was clearly enjoying the attention while talking up his private member's bill to abolish Australia's climate target. The member for New England, who says Ms Ley's predecessor Peter Dutton wanted to sack him for refusing to say nuclear energy would bring down electricity prices and opposing net zero, has gone rogue with his bill - which will be top of the agenda when politicians return to Canberra in three weeks' time. It's putting a spotlight on the Coalition's longstanding divisions over climate and energy, just as Ms Ley seeks to unite the opposition after its electoral wipe-out. Mr Joyce calls the pursuit of net zero a "lunatic crusade" and wants Australia to go with the cheapest possible energy - even if that is coal - and rails against renewables like solar and "swindle factories" (wind farms). And he's not the only one, with Coalition frontbencher Andrew Hastie taking aim at new Western Australian Liberal leader Basil Zempilas for supporting net zero this week, ahead of Ms Ley's upcoming visit. The Albanese government is seeking to extract as much political capital as possible from the issue, even as it comes under pressure over its own climate policy ahead of the United Nations General Assembly meeting in September. Labor passed a procedural motion on Thursday scheduling Mr Joyce's private member's bill for debate in the House of Representatives on the first sitting day back, August 25. It was a tactical play, aimed at dialling up the pressure on Ms Ley as she grapples with the longstanding conflict among her MPs over climate. The motion was opposed by all Coalition members except for Mr Joyce. His bill seeks to dismantle the 2050 net zero target - which the Coalition supported before the election but is now reviewing - by overturning or amending climate legislation. Ms Ley sought to downplay the divisions this week while vowing to allow all views to be considered as the Coalition reviews net zero through a working group led by energy and emissions spokesperson Dan Tehan. "It's going to flesh out the different perspectives," she said. "Everything is on the table." While conservatives want to ditch the target, some moderate Liberals say that without it, the Coalition, which has been reduced to just 43 lower house seats and 27 in the Senate, cannot form a credible alternative government or win back inner-city seats lost to teal independents. Climate Council chief executive Amanda McKenzie says the "centre of gravity in Australia now is for strong targets", with the majority of civil society and business groups supporting the clean energy transition, describing Mr Joyce as a "lone voice in the community". "[His] policy position is let it rip, like let the climate crisis get as bad as it can, because we're not going to do anything about it," Ms McKenzie told this masthead. "The science shows that we can if we let climate change go unchecked, that's a $4 trillion hit to the economy. That's the death of the Great Barrier Reef and the Queensland tourism industry ... Nearly 10 per cent of properties ... would be uninsurable." On Monday, One Nation Leader Pauline Hanson took up Mr Joyce's cause with an urgency motion in the Senate calling for Australia to abandon its net zero target. While it failed, Liberal senator Alex Antic and Nationals senator Matt Canavan joined One Nation's four senators and United Australia Party senator Ralph Babet in voting for it. When asked if she or her office directed Liberal senators to abstain from the vote, Ms Ley said only: "We're regularly in touch with senators, and we're regularly in touch with members via the whip, via the managers of both opposition business in the House and the Senate." Senator Canavan, one of the Coalition's most vocal critics of net zero, said there was no hurry to reach an agreed position this far out from the next election, telling reporters: "We're irrelevant right now, who cares what it looks [like] right now ... It doesn't have to be neat or tidy or pretty". When asked about the comment, Mr Tehan said it was "incredibly important that we have an alternative to put to the Australian people" and that work would continue "over the next nine to 12 months". As the Coalition pursued Labor in parliamentary question time over power bill costs on Thursday, Climate Change and Energy Minister Chris Bowen hit back with: "They are triggered every time we mention renewable energy." While Ms Ley seeks to mend the Coalition's climate rift, the government is pushing ahead with efforts to reduce Australia's carbon emissions through a transition to renewable energy. UN climate chief Simon Steele - who met with Mr Bowen in Canberra this week - has urged the government to "go big", saying the new target will be a "defining moment" for Australia, while Independent ACT senator David Pocock called it "the biggest test of the moral courage of the Albanese government". The Climate Council wants a commitment to slash emissions by 75 per cent by 2030 and reach net zero by 2035, saying this is the level required to "do our fair share to hold global warming well below 2 degrees Celsius" - the level scientists warn will tip global warming into catastrophic and irreversible territory - while the Greens say anything less would breach the Paris Agreement. Ms McKenzie said Australia had for years been a pariah on the international stage when it came to climate, but that things were turning around. "It was embarrassing to go to these international negotiations and say you're Australian ... But that has changed substantially," she said. READ MORE: "If there's a trade negotiation, we should be in the room. And the only way to get in the room is to have skin in the game ... You only have skin in the game in climate if you are acting, then you have credibility." Mr Bowen told the ABC: "We'll be setting our target in terms of our national interest, what's good for Australia, what comes out of the modelling as the right balance [and] as the Climate Change Act demands, [with] consideration of the science and all the evidence before us." The CSIRO, which this week released its annual GenCost report for 2024-25, says firm renewables backed by transmission are the lowest-cost new form of electricity generation technology, while small modular nuclear reactors are the most expensive. The Coalition is yet to decide if it wants to retain the policy Mr Dutton took to the election to build nuclear power plants to meet Australia's energy needs, but wants to lift the moratorium on nuclear as a starting point. When asked by Mr Tehan if the government would meet its target of achieving 82 per cent renewables by 2030 target, Mr Bowen said it took "some temerity from those opposite to ask this side of the house about meeting our targets, when they can't agree on whether they have a target".