Nuclear vitality like ‘constructing a Blockbuster video’ retailer within the age of Netflix, says Kean
Matt Kean, former NSW minister for vitality, likened constructing nuclear energy crops in 2025 to opening a Blockbuster retailer “when Netflix is already right here” on Q+A final evening.
He was responding to coverage strategist Parnell Palme McGuinness, who was urging a begin to nuclear “instantly” for “prosperity long-term”.
Kean stated:
We’re not beginning 20 years in the past, we’re speaking about immediately, and individuals speaking about constructing nuclear immediately are the identical individuals which can be … arguing that we ought to be constructing a Blockbuster video complicated when Netflix is already right here.
There’s new expertise which appears to be like like wind, photo voltaic and storage … We’d like extra vitality, I agree with you, vitality to the system grows our financial system and below the frontier modelling it should have 40% much less vitality than various and that may imply a large hit to our financial system. Beneath the frontier economics modelling, there’s a $300m smaller financial system for Australia, that’s the fact.
Key occasions
Muslim neighborhood confronted suspicion and blame attributable to faux caravan terror plot, says Burke
Burke says the “fake” caravan plot noticed suspicion and blame of the Muslim neighborhood turn out to be “properly and actually a part of the general public narrative”.
The house affairs minister and member for Watson was talking on ABC Radio Nationwide a short time in the past:
I don’t assume there’s any doubt in any respect, and the Australian Federal Police referred to this on this assertion yesterday, about communities receiving blame … You solely have to have a look at the mix of what was stated on radio on the time, what was stated on social media, the blaming and the suspicion of the Muslim neighborhood all through these assaults is one thing that was properly and actually a part of the general public narrative.
Due to my position in social cohesion, and clearly additionally due to the a part of Sydney that I characterize, I do know precisely the backlash that the neighborhood was receiving.
Organised crime ‘might as properly have written Peter Dutton’s phrases’ on faux terror plot, says Burke
Tony Burke says the opposition chief, Peter Dutton, performed into the fingers of organised crime by not getting briefed by police earlier than making a number of public statements a few sequence of apparently antisemitic assaults.
“The script that Peter Dutton was working was precisely what organised crime needed the narrative to be,” the house affairs minister says.
Burke was talking on ABC Radio Nationwide a short time in the past after federal police yesterday revealed a caravan with explosives present in Sydney earlier this 12 months was a “faux terrorism plot”.
He was persevering with his assault on Dutton that started yesterday, after the police revealed the plot, when he stated Dutton had been “conned”.
This morning Burke stated:
The view of the police, as they made public yesterday, developed. [But] Peter Dutton continued alongside this line whereas the federal government was saying, get a briefing, whereas the federal government was reminding him, and reminding him publicly, that he had not but taken a briefing.
The script that Peter Dutton was working was precisely what organised crime needed the narrative to be. They could as properly have written Peter Dutton’s phrases for him. That’s the definition of recklessness.
To easily take a briefing and to hearken to the recommendation that ASIO had given publicly about reducing the temperature would have resulted in very totally different behaviour, and behavior that didn’t go well with the narrative of organised crime.
Someday within the parliament, he made the assertion that we have been coping with a deliberate mass casualty assault 4 occasions in lower than an hour … [but] the investigation [had discovered this] was fully unfaithful, and we continued to remind him that he had not but sought a briefing.
Nuclear vitality like ‘constructing a Blockbuster video’ retailer within the age of Netflix, says Kean
Matt Kean, former NSW minister for vitality, likened constructing nuclear energy crops in 2025 to opening a Blockbuster retailer “when Netflix is already right here” on Q+A final evening.
He was responding to coverage strategist Parnell Palme McGuinness, who was urging a begin to nuclear “instantly” for “prosperity long-term”.
Kean stated:
We’re not beginning 20 years in the past, we’re speaking about immediately, and individuals speaking about constructing nuclear immediately are the identical individuals which can be … arguing that we ought to be constructing a Blockbuster video complicated when Netflix is already right here.
There’s new expertise which appears to be like like wind, photo voltaic and storage … We’d like extra vitality, I agree with you, vitality to the system grows our financial system and below the frontier modelling it should have 40% much less vitality than various and that may imply a large hit to our financial system. Beneath the frontier economics modelling, there’s a $300m smaller financial system for Australia, that’s the fact.
Rafqa Touma
Good morning weblog readers – that is Rafqa Touma, and I’ll be taking you thru the day’s reside information updates. Thanks to Martin Farrer for getting us rolling this morning.
125,000 properties with out energy days after cyclone
Greater than 125,000 properties are in the dead of night as crews work to revive energy throughout QLD and NSW in Alfred’s aftermath.
At 6am, there have been 118,319 outages in South East Queensland, in response to Energex – 4444,000 in Gold Coast, 20,000 in Redland Metropolis, 15,000 in Brisbane Metropolis, 15,000 in Moreton Bay Regional, and 12,000 in Logan Metropolis.
There have been greater than 7,500 properties with out energy in NSW, primarily within the Northern Rivers area, in response to an Important Vitality replace this morning.
‘Not give into bullies’: Turnbull doubles down on Trump
Malcolm Turnbull has doubled down on his criticism of Donald Trump, saying that it was “ludicrous” for world leaders to “turn out to be only a conga line of sycophants” within the hope the US president wouldn’t place tariffs on their economies.
Talking on ABC’s 7.30 program final evening, the previous prime minister stated world leaders ought to “not give in to bullies” after Trump lashed him in a late-night social media submit. The US president was responding after Turnbull stated his “chaotic” insurance policies performed into China’s fingers.
Right here’s our full story:
How Brisbanites are responding to Cyclone Alfred
Our crew of reporters have been busy speaking to individuals and discovering tales within the aftermath of Cyclone Alfred.
After a few of the wettest climate the town has ever seen, Brisbanites are feeling Covid flashbacks and cabin fever as they address being unable to go outdoors.
There was a distinct type of drawback for Amber Butler whose companion needed to drive her to hospital by way of the peak of the storm to provide delivery.
And when the storm compelled a wildlife hospital to shut, a koala recovering from belly surgical procedure bunked up with a possum in Mallory Wilson’s home in Nerang.
Shark assault fears after surfer lacking off WA coast
Emergency companies are scouring waters for a lacking surfer feared taken by a shark after a surfboard with chew marks was recovered off a distant southern seaside, Australian Related Press stories.
The “reported shark chew incident” was being investigated at Wharton seaside within the Duke of Orleans Bay space, about 60km east of Esperance, the state’s major industries division stated on Monday.
Police stated that at 12.10pm, there was a report of a “attainable surfer in misery”.
“A surfboard with proof of chew marks has been recovered from the water … however no surfer has been sighted,” police stated in a press release.
“It’s believed the surfer was the sufferer of a severe shark chew incident.
“A shark was sighted within the space a short while prior, and beachgoers left the water.”
Police, Marine Rescue WA, and SES personnel have been looking the shoreline for the lacking surfer.
Ipswich avoids extra extreme flooding as Brisbane and Lismore residents return to examine injury
Ben Smee
The town of Ipswich west of Brisbane seems to have averted extra extreme flooding in a single day by mere centimetres – the Bremer River peaking just under the most important flood stage.
Some elements of the Ipswich CBD have been inundated and a few houses underwater, however residents had been narrowly watching the Bremer, which peaked at 11.49m, simply shy of the most important flood stage of 11.7m.
A number of the focus in Queensland immediately will swap to the west, together with the Lockyer Valley, which was significantly badly hit in 2011.
The city of Laidley was inundated and flood sirens have been sounded in Grantham. The warnings are a legacy of the 2011 occasion that swallowed the city.
In locations like Brisbane and Lismore, locals are returning to examine flood injury.
However there are nonetheless energetic warnings that the risk may not be over. Extra rainfall and thunderstorms related to ex-Tropical Cyclone Alfred are anticipated in flood-hit areas on Tuesday.
Richard Scolyer reveals mind most cancers has returned
Former Australian of the 12 months Richard Scolyer has revealed his mind most cancers has returned and surgical procedure to take away it was unsuccessful.
Scolyer was identified with an incurable type of mind most cancers in 2023 and it was handled with pioneering immunotherapy primarily based on his personal analysis.
In a post on Instagram on Tuesday evening Scolyer stated “sadly there’s a bigger quantity of shortly rising mind most cancers (glioblastoma) in my left mind”.
“The prognosis is poor.”
A number of the tumour was eliminated final week however “a few of it couldn’t due to its web site”, he wrote.
He stated the immunotherapy and different most cancers therapy he acquired “might have made a distinction in my mind tumour and survival”, however extra work was wanted in a medical trial to show this.
“Both manner I’m proud [of the work],” he stated. “I hope [it] will make a distinction for others.”
Scolyer instructed the Sydney Morning Herald the medical prognosis was that he has “months, not years” to reside.
Extra on that competitors report:
One space examined by the taskforce was non‑compete clauses, which may be written into employment contracts to forestall or prohibit an worker from becoming a member of a competitor or beginning their very own rival enterprise.
These clauses have been used to unreasonably forestall employees transferring to extra fascinating jobs in industries equivalent to childcare and the broader care sector.
Employees affected by non-compete clauses skilled a 4% decrease wage relative to comparable employees with out non-competes, Andrew Leigh is because of say in his speech immediately.
“Current Productiveness Fee modelling suggests reforming non-competes might completely raise Australia’s productiveness and GDP, by permitting employees to maneuver extra simply to greater worth jobs, and by facilitating agency entry and growth,” he’ll say.
The taskforce, which was arrange in 2023, additionally examined the aviation sector, discovering competitors had helped to “deliver down costs, enhance service, and provides Australians extra decisions within the skies”.
“As a result of when competitors works, shoppers win.”
The federal authorities has additionally introduced it should contribute $1.2m to collectively launch the social enterprise mortgage fund alongside different traders.
The fund intends to supply capital for social enterprises, particularly these offering employment alternatives for individuals going through boundaries to work.
Competitors change might increase family funds, Leigh to argue
Family budgets can be bolstered and cost-of-living pressures would ease below proposed modifications to the nation’s competitors coverage, the federal authorities says, Australian Related Press stories.
The assistant treasurer, Andrew Leigh, will immediately reveal the findings of a authorities taskforce in a speech to the Financial Society of Australia in Perth later this morning.
Leigh will argue a revitalised nationwide competitors coverage might end in an ongoing increase to GDP of as much as $45bn, in response to Productiveness Fee modelling – a rise of as much as $5,000 a 12 months for each family.
The fee additionally estimated proposed modifications would decrease costs by an estimated 0.7% to 1.5% in the long term, he stated.
Welcome
Good morning and welcome to our reside information weblog. I’m Martin Farrer with the highest in a single day tales after which it’ll be Rafqa Touma with the principle motion.
In unhappy information that broke yesterday, former Australian of the 12 months Richard Scolyer has revealed his mind most cancers has recurred and his “prognosis is poor”. Extra on this quickly.
Anthony Albanese and Peter Dutton have both cancelled fundraising occasions with donors amid heightened sensitivity about political campaigning within the wake of ex-Tropical Cyclone Alfred. We reported completely final evening that the prime minister had determined to postpone a dinner with 10 rich donors in Sydney due to fears he might be accused of insensitivity in the identical manner Labor attacked Dutton for attending an opulent occasion with pubs tycoon Justin Hemmes. However the Coalition chief then cancelled one other occasion.
Hundreds of houses are nonetheless with out energy, faculties stay shut and the specter of additional flooding stays in Queensland. We could have the most recent from the areas hit by ex-Tropical Cyclone Alfred. Plus, our political correspondent writes that whereas the storm might have blown Albanese’s election plans off track, his high-profile response could help him win back voters.
There’s been one other sharp selloff on Wall Road in a single day on fears that Donald Trump’s financial insurance policies could lead to a recession within the US. The benchmark S&P 500 index fell 1.4% to its lowest level since September, whereas the tech-focused Nasdaq has slumped by 2%. The ASX is on monitor to open down 0.81% later this morning because of this so a authorities plan to enhance family funds being outlined by Andrew Leigh this morning is properly timed. Extra arising.
