It will forgo that to reap increased profits from electricity prices which are moving higher because of shortages of generating capacity. This is a self-generating vicious cycle for electricity consumers which enriches power generators to the detriment of consumers and business.
The CCC’s recommendation that property developer contributions at local and state level be banned is wrong in principle and will be dangerous in practice.
The Australian Institute for Progress welcomes TransGrid’s support for the idea we floated two weeks ago of adding capacity to the Queensland New South Wales Interconnector
Premier Annastacia Palaszczuk’s State of the State speech is misleading, and at times completely wrong, on electricity issues.
But renewables are in fact more expensive, and if you want to cure high prices, the last thing you would do is dose up on the problem.
New South Wales faces a power shortage. This could be fixed by increasing interconnection with Queensland. At the same time as it secured New South Wales’ supply it should decrease the cost of electricity in Queensland.
The uproar over the use of the word "discover" is the latest skirmish in a war over two equally mythical views of Australian history.
Queensland’s new beggar-my-neighbour state purchasing policy, apart from being a dog whistle to neo-protectionist One Nation voters, guarantees falling living standards for all of us.
We have just published the report on our June 2017 poll. Download by clicking here.
Seafood is recognised as an important healthy protein source, and critical to meet the nutritional needs of an ageing population in particular. Last year Australia exported less fish than it imported, indicating that we are not producing enough to feed ourselves. This hasn’t always been the case with export production regularly exceeding imports until 2006-07. Despite having a significant coastline, Australia is relying on exploiting the fishing stocks and aquaculture production of other nations, often developing nations with limited effective management regimes. This unused local resource is a renewable one with sensible management. This situation is unsustainable in a world with global population heading towards 9 billion people.
It would appear that too much of our fish stock has been locked-up, with absolutely no advantage to us but to the detriment of the environment in other regions of the world. Yet we have no clear idea what areas have been locked-up, and how much additional production would be possible and what additional wealth would be available to us if we utilized the resource.