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 Victorian Government has approved a plan for development of one of Australia's largest urban renewal projects, intended to house 80,000 people that will leave a legacy for centuries - but all without properly evaluating its environmental sustainability.
The $100m the government has allocated to smart grid trials led by Ausgrid has come up with a counter-intuitive result that smart grid technology will be of moderate benefit in reducing peak demand and network investment, but will be very good at deterring solar installations.
Conventional combustion engine cars will continue to achieve improvements in fuel economy allowing them to comply with new regulatory standards - but their price will rise. Meanwhile, hybrids and full EVs will get cheaper as efficiency improves.
The world's top-selling carmaker is confident drivers will embrace hydrogen fuel cell vehicles even more readily than they did hybrids ahead of the release of its first commercial model in Japan next year.