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If you want to understand the nature of Australia’s current energy crisis, look beyond the headlines and rhetoric from both sides beyond the fossil fuel fence, and just look at market prices. Australian consumers – both big and small – are duped at gas stations, power sockets and gas pipelines by a large industry that is used to setting its own rules and regulations, and having its own way with markets and governments. Australia is not short on gas, which is now clearly established. But what it also has to admit is that it has nothing short of gas cartel-like behavior, even if the country’s impotent regulators prefer to look the other way. On Monday, something extraordinary happened. On the same day that the Australian government finally dared to call it a bluff, and threatened the imposition of the so-called “gas trigger”, prices fell in both the electricity futures market and the gas market. It’s as if the fossil fuel industry has been caught red-handed, like a trillion-dollar t

China’s LDV T60 power tool has just been sold in New Zealand. Next stop: Australia. Here’s everything we know so far. 0 See 7 pictures The first power line sold in Australia is on track to be on local roads by the end of this year or from early 2023 – from an unexpected source. China LDV eT60 destined to beat the titans of the ute category to the power market in Australia for several years. But an electric ute from China is already increasing production. See 7 pictures The Chinese LDV T60 electric just sold in New Zealand is called the EVT60. However, the same model will be with a slightly different name will be released in Australian showrooms in the next six months or so. Australian pricing for the eT60 LDV has yet to be announced. Initial estimates peg it at around $60,000, which is roughly $20,000 more expensive than the equivalent diesel model. However, this estimate may be understated given the significant increase in the cost of rare earth materials going into electric car b

Sydney’s picturesque seaside manor owned by F45 co-founder Adam Gilchrist will be hammered after the Australian fitness giant’s stunning fall. Gilchrist (not a cricketer), who stepped down as chief executive of F45 last week amid plummeting shares and company-wide layoffs, is selling his “waterfront trophy house” at Freshwater on Sydney’s north coast. The house, 52 Ocean View Rd, rose to prominence in 2018 when Gilchrist and his wife Eli purchased the property for $14 million due to a minor dispute with neighbors. Camera Icon F45 co-founder Adam Gilchrist will auction his home in northern Sydney. Clarke & Humel Credit: provided The couple had purchased a three-bedroom cottage at 50 Ocean View Rd for $5.4 million in 2017 and plan to spend $2.5 million developing the property. But neighbors complained that it didn’t match the building’s height or control limits, which led Gilchrist to take the extraordinary step of withdrawing his proposal and settling the issue by buying his ne

Sydney’s picturesque seaside manor owned by F45 co-founder Adam Gilchrist will be hammered after the Australian fitness giant’s stunning fall. Gilchrist (not a cricketer), who stepped down as chief executive of F45 last week amid plummeting shares and company-wide layoffs, is selling his “waterfront trophy house” at Freshwater on Sydney’s north coast. The house, 52 Ocean View Rd, rose to prominence in 2018 when Gilchrist and his wife Eli purchased the property for $14 million due to a minor dispute with neighbors. Camera Icon F45 co-founder Adam Gilchrist is selling his beautiful home on Sydney’s north coast. Clarke & Humel Credit: provided The couple had purchased a three-bedroom cottage at 50 Ocean View Rd for $5.4 million in 2017 and plan to spend $2.5 million developing the property. But neighbors complained that it didn’t match the building’s height or control limits, which led Gilchrist to take the extraordinary step of withdrawing his proposal and settling the issue by

Emma McKeon joins Kyle Chalmers, Kaylee McKeown, Matt Levy and the men’s 4x200m relay team as gold medalists on day four of the Commonwealth Games. She led Australia 1-2 in the 50m butterfly with Holly Barratt, and qualified fastest for the 100m freestyle final, alongside Shayna Jack and Mollie O’Callaghan. Earlier, Kyle Chalmers won gold in the men’s 100m freestyle, saying all the noise outside made it “difficult to enjoy the moment”. Follow live and join the conversation on our blog. Live update Only just Monday August 1 2022 at 21:10 By Kelsie Iorio Boxing: Charlie Senior may have lost his last match but no one else looks this cool Getty: Robert Cianflone 10m ago Monday August 1 2022 at 21:00 By Jon Healy 3×3 basketball: Aussies play for bronze Moments earlier, the Australian women’s 3×3 basketball team lost in the semifinals against England 21-15. That means Australia will face New Zealand, who lost to Canada in the semifinals, for bronze. The match is at 01:30 AEST tomorrow. 12m a