The below is an edited transcript of the full webinar, published on 2 February 2026. Refer to the full webinar for supporting slides and additional detail.
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Hi everyone, welcome to today’s webinar, The Macro Review, Expectations for the 2026–27 Safeguard Mechanism policy review.
I’m Hugh Grossman, I’m the CEO and Managing Director of RepuTex Energy.
The goal of today’s session is to take a closer look at the upcoming Safeguard Mechanism review, helping to set some realistic expectations for the review’s focus, and where the outcomes could land.
We’ll start with a brief background on how we got here. Historical context is always important in understanding future policy design. From there, we’ll step through the expected timeline, the scope of what’s on the table, and then focus on some of the key elements in more detail. I’ll wrap up with some final thoughts.
Why this review matters
So the government has already announced that it will review the Safeguard Mechanism to ensure it is calibrated to meet Australia’s Nationally Determined Contributions (NDCs) and broader emissions targets. But while the review formally commences in the second half of this year, in practice it has already begun.
We are
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