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NewsHip Pocket News 30 September 2016
Hip Pocket News 30 September 2016

Hip Pocket News 30 September 2016

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Hip Pocket News – Friday 30 September 2016

 

ELECTRICITY

Questions raised by SA’s dependence on renewables

Publication: The Australian

One-sentence summary: Irrespective of the cause of the blackout in South Australia, the 40 per cent reliance on renewable energy and the resultant escalating price of electricity have driven businesses interstate and has caused economic and lifestyle hardship to the most vulnerable.

 

Australian Energy Regulator determines electricity price reductions for Tasmanians from 2017

Publication: The Advocate

One-sentence summary: Tasmanian households are set to pay on average $160 a year less on their power bills from July 1 next year.

 

HEALTH

What’s Going on with Medibank Private’s Share Price?

Publication: Money Morning

One-sentence summary: After hitting a high of $3.32 in May this year, shares in Medibank Private [ASX:MPL] have fallen close to 30% over the last four months.

 

OLDER CONSUMERS

Older Australians hounded by fundraising calls, Choice research shows

Publication: Sydney Morning Herald

One-sentence summary: In an analysis of the Australian experience with unsolicited calls, Choice found more than 90 per cent of people found them annoying, while older Australians were targeted more than any other group.

 

 

YOUNG CONSUMERS

Why don’t millennials invest?

Publication:

One-sentence summary: Millennials are investing more in themselves- traveling, experiences, - than in their bank accounts.

 

COST OF LIVING

Do we pay the highest rates in Australia?

Publication: The Riot Act

One-sentence summary: Tom Chen and Kim Huynh do a fact check on residential rates in the ACT.

 

Teneriffe, New Farm, Ascot revealed as Brisbane’s most expensive suburbs according to RACQ Cost of Living report

Publication: The Courier Mail

One-sentence summary: QUEENSLANDERS are forking out more than $1.7 million on average for homes in Brisbane’s most expensive suburb, and just $266,000 in the cheapest, according to RACQ.

 

 

LIFE INSURANCE

Have your say on the LIF

Publication: Money Management

One-sentence summary: Just a week out from the Association of Financial Advisers (AFA) conference in Canberra, the Life Insurance Framework (LIF) and other risk-related issues are continuing to be significant issues for advisers. 

 

SUPERANNUATION

Closing the superannuation gender gap would raise billions

Publication: The New Daily

One-sentence summary: Closing the gender gap in superannuation would boost Australian super balances by an aggregate $94 billion.

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Hip Pocket News 30 September 2016

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Adolf
Adolf from NSW commented:

First we were told by so-called experts that we were heading for an ice age and would all freeze to death, then Gore and Flannery told us that the earth was heating up so much that the ground would become so parched and rock hard that any future rain would just run off it. Mr Carr deemed it necessary to build this white elephant called a desalination plant to meet the water shortages - as far as we know it remains totally idle, costing millions of Dollars in upkeep and there are rising rivers and floods all over the place. And SA's power cuts? The windmills might not have toppled over but neither could they produce any power because they had to be switched off in the storm ! ! They also will not work when there is no wind - duh ! We sell our coal to China so that they can produce cheap power while we subsidise Chinese produced windfarms in order to pay stupidly high electricity prices. Where is the logic ? 

Gertraud
Gertraud from ACT commented:

"Questions raised by SA’s dependence on renewables" Why does the Australian sink so low that is had to print such stupid comments from equally stupid people! Yes, the weather that caused power poles (not wind turbines) from falling over during the storm, IS caused by climate change! Natural disasters are on the increase worldwide and unless we do something positive to decrease our dependance on oil and coal and increase green energy, we are killing our planet! What this blackout in SA is telling me personally is that I will add more solar panels to my roof and also batteries! 

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