Australia news live: NSW to unveil new emissions reduction target; tropical cyclone Ellie makes NT landfall

NSW treasurer Matt Kean says target will attract more than $39bn in private investment and put downward pressure on energy prices

The Coalition dropped its internal review of its 2022 federal election loss yesterday, three days out from Christmas.

The internal post-mortemfound that, “the Coalition had lost control of its brand”.

This review is about having an honest look at what went wrong and what went right for the Liberal Party in the May 2022 election.

It pointed at the challenge of Covid the fact that that was a huge distraction for the government, or should I say a huge area of focus for the Morison government and what that meant was that time which might otherwise have been spent on political management was spent on dealing with very pressing issues facing the nation.

NSW can attract international capital, industry and talent if we seize the opportunity to be at the forefront of the low carbon global economy.

Our state has the best renewable energy resources and as countries around the globe look to decarbonise, they will look to NSW.