The Great Divide: Economy on the Brink – Australia’s Biggest Steel Manufacturer Set to Suffer 93% Increase in Power Costs

Energy firms gaming system: BlueScope Steel boss The Australian Matt Chambers 12 October 2017 BlueScope Steel chief executive Paul O’Malley says power prices will rise under a clean energy target if baseload sources such as NSW’s Liddell coal-fired power station close, and that a more urgent 10-year baseload transition plan is needed. Mr O’Malley, whose […]

RET Driven Power Price Hike Bites: Cost of Australia’s Renewable Energy Madness Crushing Consumer Confidence

Australian power consumers have just started opening their winter power bills, which are fully 20% higher than this time last year. By comparison, Australia’s underlying rate of inflation is around 1.5%. The consequences for the economy, as a whole, are just starting to bite. Restaurants, bars and retailers are copping it from both ends. Business […]

SA’s Deluded Labor Government Determined to Kill Jobs with 50% Renewable Energy Target

*** In a week when Coca-Cola Amatil announced that it would close its Adelaide bottling plant with the loss of 200 jobs, one might have reasonably expected South Australia’s hapless Labor government to have taken the opportunity to retreat from its disastrous energy policy. To the contrary, Jay Weatherill & Co sought to double down […]

Coalition LRET Deal Rejected: Labor Determined to Kill Jobs in Australian Mining, Manufacturing & Industry

**** Renewable energy target deal key to ‘saving jobs’ The Australian Sid Maher & Andrew White 23 October 2014 Labor caught between workers, Greens ahead of talks with coalition THE controversial renewable energy target faces cuts to save jobs in energy-intensive industries, under a Coalition plan to break the political impasse over the scheme, but […]

Mandatory RET the Nail in the Coffin for Aluminium Processors

**** When it comes to rock scratching Australia is one of the world’s biggest: bauxite is no exception. Australia currently has 5 bauxite mines in operation: Boddington (Western Australia) – BHP Billiton – Worsley Alumina; Gove (Northern Territory) – Pacific Aluminium; Huntly (Western Australia) – Alcoa of Australia; Willowdale (Western Australia) – Alcoa of Australia; […]