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).
Environment Minister Greg Hunt claimed yesterday that the Solar Council chief was dishonest because Hunt was 'crystal clear' about the government's commitment to the renewables target. So why can't Hunt answer my questions about what this commitment actually means?
Just like AGL, Origin Energy has suffered a 23% decline on earnings per customer in large part due to reduced sales thanks to solar and energy efficiency. But it sees a silver lining for its newly acquired coal power station on the horizon.
Homeowners in Australia and the US have taken opposite approaches to rooftop solar - ownership and leasing, respectively - but now the two industries need to borrow from each other to maximise their markets' potential.