Good morning,

Australia’s $150bn food and agriculture sector faces a crisis as it battles rising regulation, surging energy costs and tax imposts with executives across the sector, from supermarkets and horticulture to cattle graziers and seafood producers, demanding a national plan to fix industry problems.

And, writes Eric Johnston from The Australian's Global Food Forum in Brisbane, while the best minds and substantial resources are being used on plans to build up critical minerals or rare earths, or even supporting renewables, food manufacturing deserves its own national strategy. And fast.

Meanwhile, says Nick Evans, Fortescue for years argued that it could defy construction, electricity and transport costs and make hydrogen into a cheap energy source. The company has finally conceded it operates in the same world as the rest of us.