DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Australia Passes Landmark Environmental Law
Australia Passes Landmark Environmental Law

Australia Passes Landmark Environmental Law

Update: 2025-11-28
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Australias new environmental protection law, approved by Prime Minister Anthony Albaneses government, aims to modernize the nations environmental regulations. The legislation, which amends the Environment Protection and Biodiversity Conservation Act of 1999, strengthens environmental safeguards and streamlines the approval process for major developments. The new law establishes a nationwide Environmental Protection Authority and sets national standards for decision-making, potentially injecting up to seven billion Australian dollars into the economy.

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Australia Passes Landmark Environmental Law

Australia Passes Landmark Environmental Law