Australia politics live: renewables and batteries soar but ‘critical’ moment coming; WiseTech staff face AI redundancy
Summary
WiseTech, an Australian software company, plans to cut about 190 jobs due to advances in artificial intelligence (AI). Meanwhile, Australia’s renewable energy sector reached nearly half of the nation’s power supply in 2025, but investment in new wind and solar projects dropped sharply, raising concerns about future growth.Key Facts
- WiseTech is notifying around 190 employees about possible job cuts linked to AI advancements.
- These cuts are part of a larger plan to remove 2,000 roles across the company.
- WiseTech’s founder mentioned personal attacks and threats during the restructuring process; one threat is under police investigation.
- A two-week consultation will be held with affected employees to discuss the changes.
- Renewable energy provided 43% of Australia’s electricity in 2025, up from 39% in 2024.
- Australia is the third-largest country in the world for large-scale battery capacity, with 2 gigawatts connected to the grid—a 233% increase from the previous year.
- Investment in new wind and solar projects fell by 48% in 2025, with wind project funding especially declining.
- Industry leaders warn this reduction in investment could slow Australia’s energy transition away from coal power.
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