Alan Kohler is one of Australia’s most experienced business commentators. Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report. Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website. Alan is the regular finance presenter on the ABC News and producer of the popular nightly graph (or two).
The government has now publicly confirmed a large-scale RET offer above the 30,000GWh range, with Greg Hunt saying he's optimistic of a deal with Labor soon that goes 'significantly further' than 20%. However, Ian Macfarlane is striking a very different tone.
Tony Abbott and George Brandis have apparently lost confidence in the political impartiality of the Human Rights Commission ... a year after appointing to it an ideological soulmate with an advanced degree in carbon price sabotage.
As the LGC spot price grows and a compromise looms on the RET, might a few developers and financiers decide it's worth the risk to dive in and build some projects, even without a long term power purchase contract?
Rather than sending letters of demand to others that fan alarmist claims about solar safety, Greg Hunt would be better asking himself why his government doesn't bother to test the performance of solar panels receiving support under the Renewable Energy Target.
If excess solar exported to the grid could be directed to offset another premise's consumption - even beyond ones in the same apartment block - more people could share in solar's benefits. Virtual net metering provides the way and would also help with electric vehicle recharging.