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Asian stock markets are creeping ever higher, lifting by the megabullish sentiment on Wall Street from Friday night with more record highs and new yearly highs the order of the day. Chinese stocks have diverted in fortune again with the goosed Shanghai Composite lifting nearly 0.5% to almost start the week back above the 3100

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Record customer participation in demand response cuts risk of blackouts and delivers more than half a million dollars to savvy households, new data shows.

By RosemaryJ36   It is just over 45 years since Cyclone Tracy virtually destroyed Darwin. It was the event which put Darwin on the map for many Australians and the place looked like it had been hit by an atomic bomb! I am writing from memory and others who experienced the event may have very different…

The post Cyclone Tracy: a disaster in another time appeared first on The AIM Network.

A bunch of forecasts have been released predicting strong house price growth, driven by Sydney and Melbourne. First, global realtor Savills expects Sydney’s high-end market to lead the world in house price growth in 2020: Savills predicted Sydney’s prime market will grow between 6 and 7.9 per cent, putting it in the top band of

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Renewable microgrid specialist begins early works on two new 5MW solar farms in South Australia, in continued focus on smaller grid-connected PV projects.

George Savvides, former head of Medibank, warns that the mass exodus of younger Australians from private health insurance will drive-up premiums and place much more pressure on the public health system in the future: George Savvides, Medibank’s chief executive for 14 years until 2016, has warned an exodus of young people from the private system

The post Private health insurers panic as young Aussies exit appeared first on MacroBusiness.

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Following last year’s federal election, the Morrison Government commissioned a review of the National Disability Insurance Service (NDIS) and the way it is managed by the National Disability Insurance Agency (NDIA). This report has now been released publicly and includes 29 recommendations on how to improve the program — including extending the life of funding

The post NDIS “bogged down in red tape and bureaucracy” appeared first on MacroBusiness.

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Research by Australian National University (ANU) associate professor, Geoff Warren, has warned that lifting Australia’s superannuation guarantee from the current 9.5% to 12% will hurt lower-income earners – a claim rejected by industry rent-seekers: MP Jason Falinski… said the ANU findings added to evidence that the scheduled rise was not in the best interests of

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German government, utilities and key mining states agree on coal phase out, although environmental groups say the plan is too slow.

The post German government, mining states, and utilities fix path for coal exit appeared first on RenewEconomy.

Data from the Housing Industry Association shows that the median housing lot in Australia is now 441.2sq m, compared with the traditional quarter-acre block of 1,000sq m. The rising cost of residential land is also prompting more people to opt for high-density living, with apartments now accounting for 30% new housing developments. Demographer Bernard Salt

The post Aussies aren’t “choosing to live in apartments”. They are forced to. appeared first on MacroBusiness.

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He’s an Albotross around Labor’s neck, via the AFR: Labor leader Anthony Albanese has admitted it was a “mistake” to take the 45 per cent emissions reduction target to last year’s federal election, indicating Labor would reduce the target. Mr Albanese said that while Labor wanted “ambitious” targets, the plan to cut emissions by 45

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With Sydney’s water storages in free fall at 42.6%, and plummeting at a rate that far exceeds the Millennium Drought: And Greater Sydney’s population ballooning by around 1,700 people a week on the back of never-ending mass immigration: A plan has been hatched to divert scarce water resources from Sydney’s main Warragamba Dam to the

The post Sydney water shuffles deck chairs on population Titanic appeared first on MacroBusiness.

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