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Australia won't fund mega Adani mine rail link

Embattled Indian miner Adani's plans for a massive coal project in Australia has been dealt another blow after the government confirmed Sunday it would not fund a rail link to the facility.

The development of the controversial US$16 billion Carmichael mine near the Great Barrier Reef is set to be one of the world's largest. But it has been delayed by several years amid regulatory and legal hurdles.


While a lease was granted in 2016, Adani is still seeking to secure funding for the first stage of a Aus$1 billion (US$790 million) government loan for a vital 189-kilometre (117-mile) rail line linking the mine to a port.

But government frontbencher Karen Andrews said such a loan would not be forthcoming from Canberra amid opposition from the state government.

"For there to be money available through NAIF (Northern Australia Infrastructure Fund), that will require the support of the Queensland (state) Labor government," Liberal MP Andrews told Sky News Australia.

"They are not going to provide that, so the advice that I've been given from the resources minister is that the financing will not proceed."

The Queensland Labor government campaigned against the rail loan last year in state elections.

Andrews said she was hopeful the project would still go ahead, adding that the mine "is actually very, very important for employment and jobs in the northern part of Australia".

Several global banks have already said they would avoid the project amid a growing shift away from investing in fossil fuels.

There was no immediate comment from Adani Australia.

Adani last year cancelled a conditional Aus$2 billion contract with mining services giant Downer to develop and run the mine, saying it would manage the mine on its own to keep costs down.

The mega mine is opposed by environmentalists, who claim it will harm the World Heritage-list Barrier Reef -- already threatened by climate change -- off Australia's northeastern coast.

The Indian conglomerate forecasts it will produce 60 million tonnes of thermal coal a year for export and estimates it will generate 10,000 direct and indirect jobs.

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  • 299,100 households experienced acute homelessness in 2024, up 21 per cent since 2022.
  • Rough sleeping and unsuitable temporary accommodation cases increased by 150 per cent since 2020.
  • Councils spent £732 m on unsuitable emergency accommodation in 2023/24.


Almost 300,000 families and individuals across England are now experiencing the worst forms of homelessness, including rough sleeping, unsuitable temporary accommodation and living in tents, according to new research from Crisis.

The landmark study, led by Heriot-Watt University, shows that 299,100 households in England experienced acute homelessness in 2024. This represents a 21 per cent increase since 2022, when there were 246,900 households, and a 45 per cent increase since 2012.

More than 15,000 people slept rough last year, while the number of households in unsuitable temporary accommodation rose from 19,200 in 2020 to 46,700 in 2024. An additional 18,600 households are living in unconventional accommodation such as cars, sheds and tents.

A national survey found 70 per cent of councils have seen increased numbers approaching them for homelessness assistance in the last year. Local authorities in London and Northern England reported the biggest increase.

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