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Coalition’s nuclear plan cheaper than Labor’s renewable rollout

Coalition’s nuclear plan to save $263 billion compared to Labor’s renewables, promising cheaper electricity and lower emissions by 2050.

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The Coalition claims its nuclear power plan will save $263 billion compared to Labor’s renewable energy strategy by 2050, resulting in lower electricity costs.

Economic modelling conducted by Frontier Economics estimates the Coalition’s plan, which aims for net zero emissions by 2050, will cost $331 billion.

In contrast, Labor’s renewable energy plan is projected to cost $594 billion according to the modelling.

Opposition Leader Peter Dutton plans to share these findings, stating that the analysis supports their position that Australians will benefit from the Coalition’s approach.

Dutton claims that fewer hidden costs and reduced infrastructure expenses will lead to lower energy prices.

He noted that many advanced economies are increasing their nuclear capabilities and urged Australia to do the same.

Seven plants

The Coalition’s model includes seven nuclear power plants, with renewable energy still providing 54% of the National Electricity Market by 2050 and nuclear contributing 38%.

Labor’s strategy anticipates that 94% of power generation will come from renewable energy by the same year, with 90% of coal-fired power exiting the system by 2034.

However, coal may need to operate longer in the Coalition’s scenario until nuclear power is online.

The Coalition’s plan also suggests a reduced reliance on gas due to a lower number of renewables needing stabilisation.

Dutton committed to constructing and operating seven nuclear plants, with the first expected to be operational as early as 2036.

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Bitcoin rally raises sustainability fears

Bitcoin surges past $124K, gaining $1,300 in 24 hours, but analysts warn of fading momentum amid weakening network activity.

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Bitcoin surges past $124K, gaining $1,300 in 24 hours, but analysts warn of fading momentum amid weakening network activity.


Bitcoin has surged past $124,000, adding more than $1,300 in just 24 hours, one of its strongest rallies this quarter.

But analysts warn the momentum could be fading, as on-chain data shows network activity weakening despite rising prices.

#bitcoin #money #bitcoinsurge #tickernews


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New Ticker TV show The Connector launches to bridge Australia-UK

Ticker Studios launches The Connector, hosted by Belinda Coates, enhancing Australia-UK ties through insightful conversations

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Ticker Studios launches The Connector, hosted by Belinda Coates, enhancing Australia-UK ties through insightful conversations

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In Short:
– Ticker Studios launches The Connector, hosted by Belinda Coates, enhancing Australia-UK opportunities through dialogue.
– It comes as Prime Minister Albanese promotes strong ties with London, emphasising cultural and economic connections between the nations.
Ticker Studios launches The Connector, hosted by Belinda Coates, facilitating Australia-UK opportunities through dialogue.
The new show highlights leaders and ideas enhancing connections between the two nations during a pivotal period.It comes as Prime Minister Anthony Albanese’s efforts to strengthen ties with London underline the partnership’s commercial and cultural importance. With 1.1 million UK-born residents in Australia and A$4.2 trillion in superannuation funds invested in UK infrastructure, these connections grow increasingly vital.

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Belinda Coates brings extensive experience in executive and advisory roles across various sectors. She is driven to reshape industries and create opportunities on both sides of the world.

Ahron Young, CEO of Ticker Studios, stated that now is the ideal time to highlight the talent and capital flowing between Australia and the UK. The Connector aims to spotlight innovators and changemakers bridging industries and borders.

“With so much talent and capital flowing between Australia and the UK, this is exactly the right time to tell these stories. The Connector will spotlight the innovators, leaders, and change-makers building bridges across industries and borders.”

Focus on people

Coates explained the programme’s focus on people, showcasing visionaries shaping the future and exploring collaboration’s role in generating opportunities. The show aims to inspire with stories highlighting resilience, growth, and ambition.

“This show isn’t about dry trade figures or policy—it’s about people. We’ll showcase the visionaries shaping the future in both countries, explore how collaboration sparks opportunity, and inspire audiences with stories of resilience, growth, and shared ambition.”

The Connector will debut on Ticker’s global streaming network this month, with new episodes released weekly. It will feature guest experts from various sectors, addressing relevant topics like housing affordability and building stock revitalisation.


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Big tech’s influence on copyright threatens Australian creators

Michael Miller warns AI’s data exploitation may harm journalists’ rights, reminiscent of past tech threats to Australian media. #bigtech #ai

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Michael Miller warns AI’s data exploitation may harm journalists’ rights, reminiscent of past tech threats to Australian media. #bigtech #ai


News Corp Australasia’s executive chairman, Michael Miller warns that the ambition of AI companies to exploit data without fair compensation may undermine the rights of journalists and artists.

The approach of major tech companies during the digital revolution could resurface, threatening Australian media and content creators if copyright laws are eased.

 


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