Australia

Boost for Tasmanian hydro is a boost for clean energy nationwide: CEC – Eco Generation – 20/04/2017

A successful expansion of Tasmania’s huge hydro capacity has the potential to increase the country’s energy storage and support new renewables like wind and solar, the Clean Energy Council said following an announcement by the Prime Minister and Tasmanian Premier.

Source:  Eco Generation, 2017/04/20

By |April 20th, 2017|Categories: News|Tags: , , |

Asian Nations Swimming in Debt at Risk From Fed Rate Hikes – Bloomberg – 10/04/2017

Twenty years after the Asian financial crisis and a decade since the global credit crunch, the region is swimming in debt.

Source:  Bloomberg, 2017/04/10

By |April 13th, 2017|Categories: News|Tags: , , , , , , |

Australia’s Energy Luck Runs Out – Bloomberg – 09/04/2017

With its abundance of mineral wealth and sun-kissed shores, Australia takes pride in thinking of itself as the "lucky country."

Source:  Bloomberg, 2017/04/09

By |April 13th, 2017|Categories: News|Tags: , , |

Four top-rated countries exposed to housing correction – Moody’s – Reuters – 11/04/2017

The Moody's report titled 'Credit Profiles Resilient to Rising Household Debt and Stretched Housing Affordability' focused on Australia, Canada, New Zealand and Sweden - all AAA rated countries where home prices and household debt have soared in the last three years.

Source:  Reuters, 2017/04/11

By |April 13th, 2017|Categories: News|Tags: , , , , , |

Australia losing AAA rating would spark turn to bank debt, NAB says – BusinessTimes.com – 04/04/2017

Australia's biggest banks would find new demand for their debt if the country loses its top credit score.

Source:  BusinessTimes.com, 2017/04/04

By |April 6th, 2017|Categories: News|Tags: , , |

Australians sitting on mountains of cash as wealth outpaces debt – The Sydney Morning Herald – 30/03/2017

Households saw their wealth balloon to a record $11.7 trillion last quarter as cash holdings topped a trillion dollars for the first time ever, boding well for spending in the face of tepid wages growth.

Source:  The Sydney Morning Herald, 2017/03/30

By |March 30th, 2017|Categories: News|Tags: , , |

Power Price Spike Hits Australia as Coal Plant Shuts Down – Bloomberg – 28/03/2017

Electricity futures surged since Engie flagged Hazelwood exit Market struggling to absorb impact on prices of closure: UBS

Source:  Bloomberg, 2017/03/28

By |March 30th, 2017|Categories: News|Tags: , , |

Australia swelters in heatwave and argues about energy future – The Guardian – 10/02/2017

As records tumble on east coast, politicians debate the energy mix they need to combat climate change and ensure supply.

Source:  The Guardian, 10/02/2017

By |February 10th, 2017|Categories: News|Tags: , |

Australian Recession Fears Fade With Trade Surge – The wall street journal – 02/02/2017

Surprise record trade surplus seen as source of optimism for economy

Source:  The wall street journal, 02/02/2017

By |February 10th, 2017|Categories: News|Tags: , , |

Australian Recession Fears Fade With Trade Surge – The wall street journal – 02/02/2017

Surprise record trade surplus seen as source of optimism for economy

Source:  The wall street journal, 02/02/2017

By |February 10th, 2017|Categories: News|Tags: , , |