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Generators to cash in at expense of renewables and consumers

New economic analysis indicates that if the RET were abolished it would increase household electricity bills by more than the carbon tax due to a reduction in competition in the electricity market. The one clear winner is incumbent fossil fuel power generators to the tune of $12.8b.

19 Jun 2014
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Scoreboard: Taper time

The Federal Reserve trimmed its monthly bond purchases by a further $US10 billion as it downgraded its growth forecast for 2014, while the Australian dollar jumped back above US94c.

19 Jun 2014
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DataRoom AM: Aquila go-ahead

Baosteel and Aurizon's joint bid for Aquila looks set to win out as Mineral Resources retreats, while Solomon Lew's DJs share grows more intimidating by the day.

19 Jun 2014
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