February
Smorgon, Merlo and Garnaut: Melbourne heavyweights trade mansions
A mix of pricey properties linked to some of Melbourne’s biggest surnames have hit the city’s prestige market following Paul Little’s record Coonac sale.
December 2024
There’s a compelling case for RBA reducing interest rates on Tuesday
The board has created expectations of no rate cut at the final meeting of 2024. That’s the mirror of its 2021 error when it implied there would be no rise.
November 2024
Taiwan investor to open borders for Garnaut’s Zen Energy
The funding deal with HD Renewable Energy Co will enable Zen to progress battery projects in South Australia that will add needed storage to its portfolio.
August 2024
Garnaut-backed Zen Energy sinks to $35m loss as volatile prices bite
Zen Energy, backed by Ross Garnaut, suffered volatile early-winter electricity prices and a near-$100 million loss on hedging contracts.
Leaders remember Rod Carnegie, the man who shaped Australia
Leaders from mining, business, politics and science gathered at St John’s Anglican Church in Toorak for the memorial service for business giant Sir Rod Carnegie.
May 2024
Why Australia could benefit from engaging with China on clean energy
A new report provides the framework for a forward-looking Australia-China relationship, identifying vast potential for economic co-operation.
April 2024
Sims says ‘high cost’ Australia-made fixation threatens green steel
The federal government’s “Made in Australia” policy threatens to destroy the country’s chance at making “green” steel, economist Rod Sims says.
March 2024
New York investment giant backs Zen Energy in $200m big battery play
The company is backed by economist Ross Garnaut and his son, chief executive Anthony Garnaut, expects the grid-scale battery to be running early next year.
NSW needs to lead the charge on reforming GST share-out
Predicting what will come out of the GST distribution methodology is like cracking the Enigma code. But small states have a vested interest in keeping the status quo.
February 2024
The Garnaut-Sims power plan is Argentina on steroids
The $100 billion carbon tax proposal would be an act of amazing self-harm and would destroy Australia’s big export industries to force-feed unproven ones.
Garnaut-Sims power plan is big on ambition, short on logic
The $100 billion carbon tax proposal would penalise Australians, deter greener energy switches in Asia, and would be impossible to implement.
Teals, Greens taunt Labor on carbon tax proposal
Teal independent Allegra Spender said carbon pricing should be on the table along with scrapping the $8 billion of annual fossil fuel subsidies for off road vehicles users and other special interests.
Resurrect carbon price to fund superpower: Garnaut, Sims
Professor Garnaut will say reviving the carbon price is “not as impossible as passing on to our children and grandchildren lower standards of living than our own parents and grandparents left to us”.
October 2023
Macquarie director heads to Ross Garnaut’s Zen Energy
Renewable energy retailer Zen Energy has lured a Macquarie Asset Management dealmaker to its C-suite, while it lines up potential backers via Azure Capital.
September 2023
Don’t discriminate against China on critical minerals
The Albanese government’s geopolitically focused strategy risks losing out both on Chinese investment in mining and to the US on processing.
Ross Garnaut’s Zen Energy gets $54m in debt for power pipeline
Street Talk understands WA property developer Hesperia and ASX-listed Income Asset Management jointly managed the $54 million raise.
Ken Henry too ‘boffinish’, CEOs overpaid, says Ross Garnaut
“[Henry] came up with an approach to rent that was theoretically elegant, but no one understood it. And he hadn’t talked to me beforehand.”
PM and mining sector at odds over ‘extremist’ IR laws
Anthony Albanese’s olive branch to business has been rejected by the mining sector.
August 2023
How to stop Biden hurting our renewable industries
The Future Fund helps Australia to match the distorting largesse now being handed out by the Biden administration.
July 2023
RBA should review ‘arbitrary’ 2025 inflation goal: Garnaut
Eminent economist Ross Garnaut is urging the Reserve Bank to reconsider its timeline for getting inflation back to target.