The private part of the partnership buys the rights to the system for 24 years for $1.5 Bn, and then allows Queensland Rail to use it for a payment over the same period of $2.4 Bn, plus another $2.4 Bn for maintenance.
The Australian Institute for Progress has unleashed a billboard campaign calling on the ALP to unveil its plan for economic recovery.
Trevor St Baker examined the role of government and entrepreneurs working together, drawing on his own experience of over 60 years in the electricity sector.
While electricity prices are a potentially potent electoral issue, voters are so confused about the causes, that it will be very difficult for any government to persuade them of the cure.
Labor populism under Bill Shorten and Sally McManus, if they deliver on their promises, will make the economy inflexible and weak.
This is a once-in-a-generation opportunity to grab more jobs for Queensland, get a better return for the state’s power generation assets, at the same time lowering prices by introducing generation competition, lowering emissions, and potentially creating new industries in a part of Queensland that needs as much help as it can get.
The professor made a number of claims that were just flat out wrong, surprising in an academic with some expertise in this area, having been at one time an electricity regulator.
The 60s were our turning point, but we still endured what was in fact a third world existence. Our cities were not sewered, our suburban streets were gravel and dust, our roads were two lanes and gravel.
Expanding the interconnector will make surplus Queensland power available for NSW when needed, and produce profits for the state of Queensland, over and above what they currently earn.
You either have a policy of increasing renewable energy to 50% or you don't. If you do, you must displace some of your coal-fired generation capacity. To suggest otherwise is to treat logic and electors with contempt.