The RBA is under extreme pressure to hike again
Thursday’s labour force data from the Australian Bureau of Statistics (ABS) has put the Reserve Bank of Australia (RBA) under more pressure to hike interest rates. Australia’s headline unemployment rate remained at 4.1% in January amid solid employment growth of 17,800. The number of hours worked also rose by a solid 0.6% in January. As
Last week, the UK committed up to £1 billion to community and local energy, with an ambition that by 2030, every community will have the opportunity to own an energy project. Australia should take notice.
Perhaps the most important feature of the latest monthly electricity data from the IEA is not that renewables dominate growth in electricity consumption but that every country is doing the same thing.

