RBA rate hikes put housing targets at risk
The Albanese government’s Housing Accord target of building 1.2 million homes over five years has fallen well behind. The Housing Accord commenced on 1 July 2024 and requires the construction of 240,000 homes over five years to meet the target. As of the September quarter of 2025, only 219,000 dwellings had completed construction, 27% fewer
A landmark renewable energy and green hydrogen project in New Zealand has reached financial close and placed an order for four 6.4 MW wind turbines.
Households could face a four-fold increase in network costs as a result of the regulator's radical new proposal - a Robin Hood scheme in reverse.
A major reform intended to drive investment in renewable energy and storage capacity could have the opposite effect on wind farms, a new report has warned, instead further burdening the very sector that is most in need of support.
HMC is expected to move on its first new big battery project, after securing a major cash injection from KKR after a long search for new equity.