Legislative Council, Wednesday 3 December 2025 The video recording of this speech can be viewed on the Parliamentary website at the link below (click on the Broadcast tab, and start at the 1:02 mark) If you are viewing this on a mobile device, you will need to click on the three dots on the right […]
Read More… from State Policies and Projects (Macquarie Point Precinct) Order 2025
Media Release – 4 November 2025 Member for Murchison, Hon Ruth Forrest MLC expressed her disappointment by rejection of accountability reforms despite widespread concern over State’s finances A Bill to establish enhanced parliamentary oversight of Tasmania’s deteriorating budget position has failed to secure support, despite members publicly expressing deep concern about the State’s unprecedented debt […]
There comes a time when life changing decisions need to be made. Do I continue as I have, drawing attention as best as I am able, to the shortcomings of government policies from both sides of the political fence, or do I, if the chance arose, accept a role where I may have greater input […]
There’s a sliver of hope—just a glimmer—that when the dust settles on this election, the battered survivors might finally face up to the fiscal mess Tasmania is in. But it’s a long shot. Because right now, neither major party seems to grasp the depth of the hole we’re in, let alone how to climb out […]
Read More… from If you want to get to SurplusTown, would you start from here?
This twelfth post continues a series of four Chapters 10-13, related to the financial position of Hydro Tasmania with a focus on the Hydro’s cash flow. This is critical to understand the changes in the energy sector and how Hydro Tasmania actually earned money in the past, present and future, how the National Electricity Market […]
Read More… from Chapter 12: Hydro Tasmania – Cash Flow -The Final Test of Hydro’s Financial Strength
Balancing the Budget well – nigh impossible in future, given falling revenue from Government Businesses. Tasmania enters 2026 facing not only a general government fiscal crisis, but a system-wide deterioration across the entire Public Non-Financial Corporation (PNFC) sector. For decades, government businesses quietly stabilised the State’s finances. Dividends and income tax equivalents consistently exceeded grants […]
Read More… from OPINION: Tasmania’s Fiscal Reckoning: The Critical Priorities for 2026
This is the eleventh post is the second of four related to the financial position of Hydro Tasmania with a focus on the balance sheet. All eighteen chapters are related to how Hydro Tasmania actually earns money, how the National Electricity Market shapes its fortunes, and why the numbers in its accounts now matter more […]
Read More… from Chapter 11: Hydro Tasmania – The Balance Sheet – What Hydro Really Owns and Owes
This post begins a series related to the financial position of Hydro Tasmania with a focus in this post on its underlying profit. This series of 18 chapters outlines how Hydro Tasmania actually earns money, how the National Electricity Market shapes its fortunes, and why the numbers in its accounts now matter more than at […]
This is the last of the foundation Chapters describing a little discussed but nevertheless important part of the NEM system – the role of Frequency Control Ancillary Services to Hydro Tasmania and its revenues. Tomorrow’s post will use the prior information and knowledge to have a meaningful look at Hydro’s Profit and Loss statement. Chapters […]
Read More… from Chapter 9: FCAS – Useful, Modest, and Now Mostly Contractual
This eighth post provides information on the new Renewable Electricity Guarantee of Origin (REGO) scheme and what is means for Hydro Tasmania. This is a quite complex (some may say nerdish) area and included to try and provide some background and context to the posts that follow related to the key issue – what all […]
This seventh post provides detail about how Hydro Tasmania’s Power Purchase Agreements (PPAs) impact on their financial performance. There are 18 Chapters in total. I will continue posting a new post daily, or thereabouts, related to how Hydro Tasmania actually earns money, how the National Electricity Market (NEM) shapes its fortunes, and why the numbers […]
Read More… from Chapter 7: PPAs -The Trojan Horse That Reshaped Tasmania’s Energy System
Over the next three weeks, I will continue posting a new post daily, or thereabouts, related to how Hydro Tasmania actually earns money, how the National Electricity Market shapes its fortunes, and why the numbers in its accounts now matter more than at any time in the past two decades. It also seeks to dismantle […]
Read More… from Chapter 6: LGCs – The $142 Million Problem Hidden in Plain Sight
Over the next three weeks, I will continue posting a new post daily, or thereabouts, related to how Hydro Tasmania actually earns money, how the National Electricity Market (NEM) shapes its fortunes, and why the numbers in its accounts now matter more than at any time in the past two decades. It also seeks to […]
Read More… from Chapter 5: Inter-Regional Revenues/Residuals (IRRs) Explained
Over the next three weeks, I will continue posting a new post daily, or thereabouts, related to how Hydro Tasmania actually earns money, how the National Electricity Market shapes its fortunes, and why the numbers in its accounts now matter more than at any time in the past two decades. It also seeks to dismantle […]
Read More… from Chapter 4: How the NEM Really Works for Tasmania
Over the next three weeks, I will continue posting a new post daily, or thereabouts, related to how Hydro Tasmania actually earns money, how the National Electricity Market (NEM) shapes its fortunes, and why the numbers in its accounts now matter more than at any time in the past two decades. It also seeks to […]
Read More… from Chapter 3: Hydro Tasmania – The Institution That Holds the State Together
Tasmanians Deserve Straight Answers on Marinus – Not Marketing This piece is a rebuttal to the opinion piece published in the Mercury Newspaper today from Minister for Energy, Hon Nick Duigan MP. You can read it there or in the picture attached to this post. The following is my response to his comments. Tasmania’s energy […]
Read More… from Rebuttal to Opinion Piece from Minister Duigan
