
Marles Dodges Fuel Rationing Questions, R&D Review Slams Current System
About this episode
Deputy Prime Minister Richard Marles sidesteps fuel rationing questions amid Middle East conflict, while a major review criticizes Australias R&D system for failing to boost economic growth. Universities urge full adoption of recommendations, including a national innovation council. Reserve Bank meets on interest rates, with potential hike due to wars impact.
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Adelaide News Today | 2 Min News | The Daily News Now! — Marles Dodges Fuel Rationing Questions, R&D Review Slams Current System. Machine-transcribed; use the interactive transcript above to jump the player to any line.
From Adelaide, this is your March 16th update. Deputy Prime Minister Richard Marles dodged questions on whether Australia might need to ration fuel if the Middle East conflict drags on. The government has already eased fuel quality rules to allow higher sulfur supplies into regional areas and east shortages right now. Marles said it's too early to predict outcomes since it depends on how long the fighting lasts, but they're acting with current steps. He also made clear Australia is not involved in any offensive moves against Iran. Shifting gears, a major review of Australia's research and development system just dropped its final report after two years of work. It slams the current setup for failing to turn innovation into growth, and Warren's gross domestic product could drop without fixes. Universities are pushing the government to fully adopt its 20 recommendations, like creating a National Innovation Council to direct funding and. Meanwhile, the Reserve Bank meets today on interest rates with expectations of a
high tide to the wars pressures. Support for this day in an episode comes from our sponsor, Headphones in a Pillow, Simple Idea, Surprisingly Addictive, S-O-L-I-SallyPillow.com.
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