News Snapshot:
The Albanese government views the green transition as a chance to both strengthen a crucial bilateral relationship and help turn the dream of our country becoming a renewables superpower into a reality. Hence, the $2 billion promise to help tempt Australian investors into South-east Asia that was announced at the ASEAN Summit. The initiative will provide loans, guarantees, equity and insurance to help bolster what the government describes as the “underweight” and “stagnant” two-way trade and investment with ASEAN member countries. Renewable energy and the infrastructure development are the priority areas. The $2 billion could be “catalytic in Indonesia,” says...