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Australia’s national energy market is (for the time being, at least) no longer a market.
Market operator AEMO moved to suspend the market yesterday in a bid to gain more control of wild price surges.
As Joel Gilmore and Tim Nelson write, this is the result of a perfect storm – surging fossil fuel prices (coal and gas) coupled with around a quarter of our coal plants offline for maintenance or unscheduled outages.
But don’t panic – consumers are largely shielded from the volatile swings in price. We will see power bills rising, however, so it’s sensible for those of us in Australia’s east and south to reduce electricity use, especially during evening peak hours. Let’s hope this crisis leads to real change.
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Doug Hendrie
Deputy editor, Environment & Energy
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Joel Gilmore, Griffith University; Tim Nelson, Griffith University
Australia’s energy market operator has suspended the National Electricity Market, due to a perfect storm of coal plants going offline and a spike in fossil fuel prices.
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Kate Lycett, Deakin University; Craig Olsson, Deakin University; Delyse Hutchinson, Deakin University; Mallery Crowe, Deakin University; Matthew Fuller-Tyszkiewicz, Deakin University; Robert Cummins, Deakin University; Sarah Khor, Deakin University; Tanja Capic, Deakin University
Australians’ average subjective well-being has barely deviated over the past few years. But there have been some remarkable changes among disadvantaged groups.
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John Buchanan, University of Sydney
The Fair Work Commission has granted a pay increase to Australia’s lowest-paid workers for a good reason. Even with rising inflation, the economy is strong.
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Rebecca Mitchell, Macquarie University; Anne McMaugh, Macquarie University
A study of thousands of students hospitalised with an injury or illness confirms they are likely to fall behind their classmates. But good management and targeted help with learning cut the risk.
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Tin Fei Sim, Curtin University
If you’re over 65, you’ll likely get an immune-boosting flu shot. And there are options for those who don’t want a vaccine made with eggs – though the standard shots are safe for those with allergies.
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Murray Goot, Macquarie University
There’s a good reason why first-term governments are re-elected – but Labor’s victory last month may not fit the mould.
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Politics + Society
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Aileen Kennedy, University of New England; Alice de Jonge, Monash University; Morgan Carpenter, University of Sydney
Early surgeries can cause lifelong harm, including impaired sexual function and sensation, shame, and a need for ongoing interventions or treatment.
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Helen Dinmore, University of South Australia; Andrew Beer, University of South Australia
Our interviews with ex-automotive workers reveal how economic change interrupts lives, casting people into new worlds of precarious work and long, indefinite journeys in search of security.
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Michelle Grattan, University of Canberra
The Fair Work Commission has announced a rise in the minimum wage of 5.2% or $40 a week, taking it to $812.60 a week or $21.38 an hour
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Sora Park, University of Canberra; Kerry McCallum, University of Canberra; Kieran McGuinness, University of Canberra
When it comes to climate change, Australians want their news reported a little differently.
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Health + Medicine
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Caroline Robinson, Charles Sturt University
No, you’re not imagining it. Your feet may be wider or longer and your shoes stiffer.
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Claire Breen, University of Waikato
The Pae Ora (Healthy Futures) Act comes into force soon but it doesn’t recognise the basic right to health, meaning the government is less accountable for delivering on its obligations.
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Science + Technology
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Dennis B Desmond, University of the Sunshine Coast
Australia’s consumer advocacy group Choice identified three Australian retailers who use facial recognition to identify consumers. What are the privacy concerns?
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Carsten Rudolph, Monash University; James Boorman, Monash University; Monica Whitty, Monash University
Pacific island nations are working to secure their people and infrastructure from cyber attacks.
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Environment + Energy
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Alexandra McEwan, CQUniversity Australia; Jayanath Ananda
With the greyhound racing season upon us, let’s take a closer look at how governments support the industry.
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Cynthia Faye Isley, University of Adelaide; Emma Baker, University of Adelaide; Lyrian Daniel, University of Adelaide; Trivess Moore, RMIT University
It’s been unusually cold, and energy prices are soaring. That spells trouble for the quarter of Australians who have very cold homes.
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Books + Ideas
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Silke Meyer, Griffith University
A new book by Manjula Datta O’Connor argues that family violence raises some culturally specific issues, but the problem is not limited any particular group.
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Business + Economy
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Anthony O'Donnell, La Trobe University
The concept of unemployment and an unemployment rate is fairly new, dating back to the end of the second world war. It’s increasingly unfit for purpose.
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