General Discussions, page-10489

Last nights Election result was one of the most fascinating in recent memory IMO. My overwhelming takeaway message was that a large number of people in very affluent, well educated, wealthy historically blue ribbon seats in WA, NSW & VIC have chosen greater action on Climate Change, not only by voting for a New PM, but a significant number of climate focused independents and the Greens taking seats off the incumbents.

One of the 1st Macro lessons you can pick up in the investing game is to always FOLLOW THE MONEY and FOLLOW GOVERNMENT POLICY

Rewiring Australia.pdf

The Above PDF touches on the numerous Labor Policies that will now be implemented that will give a boost to the EV / Renewable Energy revolution that is underway in Australia (Highly recommend anyone to have a read). Last nights result will no doubt signal a stronger shift towards renewables and battery minerals in our Country.

A few key points from Labor's Plans that will slowly be rolled out when Government is sworn in:

- A greater 2030 Emissions Reduction Target and a Legislated 2050 Net Zero Target
- A Greater EV Charging and Refueling Infrastructure Network
- A Rewiring Australian Plan that will see Renewables account for 82% of Australia's energy mix by 2030
- Community Battery Storage because we know the sun doesn't always shine and the wind isn't always blowing
- A National Electric Vehicle Strategy and Subsidy Program
- A$3 Billion in investment for the Regions Fund (Any Projects that can reduce emissions or for battery / hydrogen minerals projects)

Regardless of who you voted for or the reasons, the result sends a very clear message that commodity projects in the Battery Minerals / EV / Renewable Energy sectors are going to be well supported over the coming term of Government.