What a waste

In March 2020, the Reserve Bank of Australia (RBA) created the $200 billion Term Funding Facility (TFF), essentially a slush fund for banks that locked-in three-years' worth of funding at rates well below what was available on global wholesale markets.

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Why nations fail

The Australian government’s energy market intervention bill will be rammed through both houses of Parliament today with the support of the Greens and independent David Pocock. Less than a week old, the whole process has been rushed to the extent that the competition watchdog, the ACCC, failed to define what it meant by “new gas field”, and Treasury officials struggled to answer questions.

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Not the optimal way to go

I’ve been trying to find a positive take on the government’s energy solution – something that isn’t just a hollow talking point about the ‘national interest’ or ‘profiteering’, such as this from “the world’s biggest nerd”, Minister for Industry Ed Husic:

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Spending our way out of inflation

On Friday afternoon, the Australian government announced its much-anticipated solution to the energy crisis – subsidies and price caps. According to Prime Minister Anthony Albanese: “I’m pleased to announce that there was agreement at the national cabinet on a way forward to provide the energy price relief for households and for businesses.

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Installing Ghost onto Oracle Cloud Always Free

Have you ever wanted to run your own newsletter, with your own domain, but didn’t want to fork out for a virtual private server (VPS) or a paid Substack plan? I certainly did; if you’re like me, here’s a simple how-to guide.

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