Australian ethical seems better on returns, and reasonably similar otherwise. There are also some ethical options on other super funds that are actually decent. Just have a look at what "ethical" means in that fund, what their returns are, and what their fees are
This falling through is a very good thing for avoiding the monopolisation of our energy landscape. Brookfields already owns the hv transmission in Victoria, as well as an electricity distributor there and a gas network.
Therefore, if they bought origin all of origins competitors would still have to use the assets brookfields owns. That doesn't set up a good and fair marketplace and long term would have really fucked the Australian consumer.
Brookfields was saying they'd do this spending in order to distract from the problems of this acquisition
Their returns seem particularly bad though. There are other ethical super funds that well and truly out perform what they have on Their website.
Oh they still are well and truly over that here. but a one bedroom unit closeish (Newtown in Sydney as an example) to the city would be about a half million usd
Yeah, honestly if it was 1km, and just to existing dwellings or council approved dwelling plans I think it'd be reasonable. It stops the wind turbine companies putting out on someone's boundary right beside their house. There'd still be plenty of sites if that was the rule
This one will probably do more good than bad, I think they've been in pretty severe drought
At minimum we should be banning all poisons with a half life of more than a couple of days. Ideally we wouldn't use any but that's probably a lot harder to convince people of, and it shouldn't be too hard to convince them to use the less damaging versions
It's just a long-standing way in which the AEC interprets the. It's nothing special to this referendum
If they were buying it to build renewables, why were they okay to pay such a premium for it though? And why wouldn't they just set up a separate generation business that just built renewables? It's not like origin has a heap of experience in that space that they're leveraging.
When it can be connected to the grid there's lots of people happy to spend the money on renewables already, the big bottleneck is grid capacity and project approvals. We don't need this buyout to still get renewables investment.
Also the accc is too fucking toothless on competition. You just need to look at how much we pay for our own gas because of the gas cartel for an example.