atans1

Posts Tagged ‘Australia’

Sci-fi? U$20bn plan to power S’pore with Oz solar

In Energy, Indonesia, Infrastructure on 06/09/2019 at 1:27 pm

What is this Oz man smoking?

‘Just a matter of when’: the $20bn plan to power Singapore with Australian solar

The desert outside Tennant Creek, deep in the Northern Territory, is not the most obvious place to build and transmit Singapore’s future electricity supply … The developers say it will be able to provide one-fifth of the island city-state’s electricity needs, replacing its increasingly expensive gas-fired power …

Sun Cable’s chief executive, David Griffin, is bullish about the possibility of his company helping power Singapore from the outback in less than a decade.

He says the project will use prefabricated solar cells to capture “one of the best solar radiance reserves on the planet”. But he says the major transformation that makes the farm possible is the advent of high-voltage, direct-current submarine cable, which he describes as the “greatest unsung technology development”. Sun Cable’s underwater link to Singapore will run 3,800km.

“It is extraordinary technology that is going to change the flow of energy between countries. It is going to have profound implications and the extent of those implications hasn’t been widely identified,” Griffin says.

“If you have the transmission of electricity over very large distances between countries, then the flow of energy changes from liquid fuels – oil and LNG – to electrons. Ultimately, that’s a vastly more efficient way to transport energy. The incumbents just won’t be able to compete.”

Sun Cable’s backers believe Singapore, as a well-regulated electricity market that runs mostly on gas piped from Malaysia and Indonesia and shipped as LNG, is ripe for competition.

https://www.theguardian.com/environment/2019/jul/14/just-a-matter-of-when-the-20bn-plan-to-power-singapore-with-australian-solar?fbclid=IwAR0hyiT_gNgXdKpA2CeSweuQCyrpKyIPO6TINQcm4K4tfJnuMhyfNXfJLak

Coming back to “What is this Oz man smoking?” He’s smoking what TRE’s Oz-based funder and grave dancer, and his fellow anti-PAP cybernuts are smoking. Oxygen and the other cybernuts are shouting themselves hoarse that the Spastics’ League will defeat the PAP at the next GE.

But there’s still hope for Oxygen and his fellow cybernuts. After the PAP wins the next GE convincing: Sci-fi story predicts S’pore after next GE?. 

I’ll end with this which helps explain why cybernuts are the way they are:

Change blindness refers to the phenomenon in which viewers fail to detect (sometimes surprisingly dramatic) changes to a visual scene. One way of demonstrating this effect is through a procedure called a “flicker paradigm” in which two very similar scenes alternate, with a few discrepancies between them. Detecting changes in a flicker paradigm is such a surprisingly difficult task that when a team of psychologists led by Ronald Rensink first tried to publish research on the topic in the mid-90s, their results were initially rejected by peer reviewers as impossible. In other words, the fact people could be change blind was so counterintuitive that even visual scientists were inclined to doubt the reality of the phenomenon.

Today, change blindness is an established part of cognitive psychology. Scientists have even introduced the term change blindness blindness to refer to the fact that people tend to be ignorant of their change blindness.

https://atans1.wordpress.com/wp-admin/post.php?post=47371&action=edit

 

 

Advertisements

Had to be TLC to be criticised racist job ad

In Telecoms, Temasek on 14/04/2018 at 5:15 pm

Think Oz like in S’pore where biz feel free to advertise that post only for FTs, not locals isit?

Optus, owned by SingTel

has apologised for posting a job advert that stated a preference for “Anglo-Saxon” candidates.

Optus, the nation’s second-biggest provider, had included the description in a posting about a vacant position in a Sydney store.

The advert was shared on social media, where it was criticised as racist.

http://www.bbc.com/news/world-australia-43749676

Oz is the place if u got money

In Uncategorized on 01/03/2017 at 2:30 pm

Egalitarianism is dead in Oz.

From NYT Dealbook

INSIDE WEALTH
Shoppers in Beijing. China is the country most millionaires move away from.

For Millionaire Immigrants, a Global Welcome Mat

There is one category of migrants that countries embrace: the very rich. And more of them are moving than ever. Their top destination? Australia.

SGX REIT ETF: A dog with fleas

In Currencies, Reits on 14/10/2016 at 4:28 pm

I was keen to learn more about the Reit ETF that is being promoted.

Until I learnt that a large percentage of the SGX REIT ETF is in Australian REITs: 60% to be precise. Now other than exposure to the A$, the commodity currency, the problem isAustralia has a withholding tax, currently at 15%.

It is also important to note that that the distributions paid by the pool of listed REITs are also subjected to Singapore corporate income tax rate which is currently at 17%. This tax is applicable at the fund level but not at the individual level.

Should you invest in the SGX APAC REIT ETF? Here are 5 things you need to consider…

All these taxes, and mgt charges (it’s not a cheap ETF) makes lousy yield of only around 4.5% net.

 

Warren Buffett touch for Oz?

In Insurance on 19/06/2015 at 4:47 pm

Mr Buffett’s A$500m ($386m, £247m) investment in one of this country’s biggest insurers, Insurance Australia Group (IAG), has spurred speculation about other companies he might invest in.

Mr Buffett does not like taking risks, a senior analyst at investment research firm Morningstar, David Ellis, told the BBC.

“He wants a reliable return, and that’s what the Australian market gives him. It is very mature and well run,” explains Mr Ellis about why the American investor from Omaha has invested in IAG.

http://www.bbc.com/news/world-australia-33160690

How “warm” are Ozzies to us?/ Pinoy Talent and Trash

In Uncategorized on 07/06/2014 at 4:30 am

They are “warmer” to China and Japan, both much bigger trading partners and investors.

China narrowly eclipses Japan … with 31% of the votes, versus 28% for Japan (Singapore is third, with 12%). China also enjoyed a jump of six percentage points, to 60%, with Australians expressing “warm feelings” towards the country, despite its recent “assertiveness” in the region. (Economist)

———-

A US tech entrepreneur based in the Philippines says of Pinoy IT talent, “The good ones have left for Singapore or Hong Kong. It makes it hard for tech entrepreneurs to operate here,” he says.

http://www.bbc.com/news/world-asia-27379715

So that Pinoy IT Trash working here is actually a Talent back home.

 

ANZ Bank attractive to Chinese strategic buyer?

In Banks, China on 20/04/2012 at 7:24 pm

An Australian who recently retired as head of Standard Chartered’s business in China believes there’s a strong chance of a major Chinese lender picking up a cornerstone stake in one of Oz’s big four banks within a few years. The Age carried an interview with Mike Pratt, , who says it’s “highly possible” that a major Chinese player will take a stake of up to 15%  in a major Australian bank this decade”.

ANZ Bank would make the most sense, given its super-regional bank strategy. Commonwealth Bank is increasing its presence in Asia but is nowhere as regional as ANZ Bank.

Westpac (a portmanteau of “Western-Pacific”) despite its name, and National Australia Bank both focus on Oz after misadventures abroad.

Dividends — Chk Oz out

In Investments on 29/11/2009 at 7:02 am

Dear Mr Cynical Investor

I thought I would add my two bits worth after reading your piece on “New thinking on Asian Stocks”. If you think that dividend yields of 2.8% for Asian markets is exciting may I tickle you with dividend yields of 6% plus for Australian banks (the major 4 being among the world’s top ten triple A rated banks) and as much as 9% for the nation’s Telecom company, Telstra. With 100% franking (tax credits), FY10 gross yield jumps up to 8-9% for the banks and 13% for Telstra. Using the simple Rule of 72, an investment in Telstra (ceteris paribus of cos) at the gross yield of 13% would double your money in 5 1/2 years.

No wonder the A$ is so strong 😉

From someone who thinks Albert Einstein, Jesus Christ, Ussan Bolt are not a patch on her son — but at least the boy got letter from Kevin Rudd contragulating him that among he the top 1%  A-level students.