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Peter Hannam

@phannam.bsky.social
11K followers 4.6K following 236 posts

Soon to be at the Climate Change Authority. Former economics corro for Guardian Australia, ex-enviro editor for SMH/Age.

PostsRepliesMedia
Peter Hannam @phannam.bsky.social · 25/12/2024
(Last from me): www.theguardian.com/business/202...
theguardian.com
Upturn or uncertainty: decoding Australia’s 2024 economy and what it means for you next year
Despite jobs growing and interest rates tipped to drop, a variety of factors mean the economy could be tested soon
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Peter Hannam @phannam.bsky.social · 19/12/2024
Some news from me: I’ll be leaving my wonderful colleagues at Guardian Australia to take up a role at the Climate Change Authority in the new year.
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Peter Hannam @phannam.bsky.social · 19/12/2024
Looks like Christmas will be hot in Melbourne...and the Boxing Day Test Match will get off to a scorcher: (Via BoM)
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Peter Hannam @phannam.bsky.social · 19/12/2024
Mostly dry in southern Australia from now until Boxing Day... (Via BoM)
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Peter Hannam @phannam.bsky.social · 18/12/2024
Fresh dawn…
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Reposted by Peter Hannam
Guardian Australia @australia.theguardian.com · 18/12/2024
ANALYSIS: Five things #Myefo tells us about the state of the Australian economy from @phannam.bsky.social
theguardian.com
Five things Myefo tells us about the state of the Australian economy
The economy’s rebound won’t be as strong as anticipated and more government rebates seem to be pencilled for the coming year
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Peter Hannam @phannam.bsky.social · 18/12/2024
(New from me): www.theguardian.com/business/202...
theguardian.com
Five things Myefo tells us about the state of the Australian economy
The economy’s rebound won’t be as strong as anticipated and more government rebates seem to be pencilled for the coming year
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Peter Hannam @phannam.bsky.social · 17/12/2024
Year-end Westpac-ACCI's industry survey finds sentiment finely balanced among manufacturers who were optimistic or pessimistic to round out 2024. The 'Expected' outlook, though, picked up further and is now at its highest since September 2022.
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Peter Hannam @phannam.bsky.social · 16/12/2024
These surveys are amazing - as I found out three years ago: www.theguardian.com/environment/...
theguardian.com
The eastern Australian waterbird survey is a white-knuckle flight of avian accounting
One of the world’s largest bird counts is ‘hours of terror separated by minutes of boredom’
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Peter Hannam @phannam.bsky.social · 16/12/2024
www.theguardian.com/australia-ne...
theguardian.com
‘Increasingly worried’: more than a quarter of a million waterbirds disappear from eastern Australia
One of the world’s longest continuous bird counts has dashed the ‘wistful optimism’ of scientists hoping for a La Niña-driven recovery
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Reposted by Peter Hannam
Sheila Foster @sheilarose.bsky.social · 16/12/2024
Unfortunately, federalism works both ways. Cities and states can do a lot to rectify and fill in for federal government missteps and neglect of vulnerable populations. However, the opposite is also true. Cities can be preempted by their states (and states by federal government), tho not always.
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Peter Hannam @phannam.bsky.social · 16/12/2024
Before the heat…
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Peter Hannam @phannam.bsky.social · 16/12/2024
www.theguardian.com/australia-ne...
theguardian.com
Coalition’s nuclear plan will hit Earth with 1.7bn extra tonnes of CO2 before 2050, experts warn
Peter Dutton’s path ‘would be an absolute failure’ in decarbonising the electricity sector and meeting Australia’s emission targets, analyst says
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Reposted by Peter Hannam
Ketan Joshi @ketanjoshi.co · 16/12/2024
The Coalition's climate policy plan would result in a cool extra gigatonne of GHGs out to 2050, from Australia's power sector alone. Great analysis by @dylanjmcconnell.bsky.social www.theguardian.com/australia-ne...
a chart showing cumulative emissions
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Peter Hannam @phannam.bsky.social · 16/12/2024
Parts of western Melbourne topping 43.3C today, and tomorrow it'll be Sydney's turn to bake. Parts of western Sydney may reach 42C. (Via BoM)
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Peter Hannam @phannam.bsky.social · 16/12/2024
A host of inland regions are competing to be the hottest place in Australia - and probably the planet - today. Presently, this is the hottest station (according to BoM):
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Peter Hannam @phannam.bsky.social · 16/12/2024
(New from me): Jim Chalmers reveals two appointments to Reserve Bank’s new monetary policy board www.theguardian.com/australia-ne...
theguardian.com
Jim Chalmers reveals two appointments to Reserve Bank’s new monetary policy board
Renée Fry-McKibbin and Marnie Baker will sit on the RBA’s new board, which follows the government’s reform of the central bank
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Reposted by Peter Hannam
Dylan McConnell @dylanjmcconnell.bsky.social · 14/12/2024
Choosing the "progressive change" scenario - with lower economic growth, and significant decline in large industrial loads - as your preferred version of the future is really quite a choice from the coalition...
Figure showing projected electricity consumption for large industrial loads under two different scenarios (from the ISP). The "Progressive Change" scenario (preferred by Coalition) has industrial demand significantly falling (basically halving) by 2030.
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Peter Hannam @phannam.bsky.social · 13/12/2024
(New from me): www.theguardian.com/australia-ne...
theguardian.com
Energy generators poke holes in Dutton’s nuclear plan as questions over costings pile up
‘No one really has the foggiest idea of what it will cost to develop nuclear in Australia,’ one expert says
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Peter Hannam @phannam.bsky.social · 12/12/2024
(New from me:) Yet more signs of a surprisingly strong labour market: www.theguardian.com/business/202...
theguardian.com
Fall in Australia’s unemployment rate sends dollar higher and stocks down, dimming hopes of interest rate cut
ABS reveals robust market as unemployment rate drops from 4.1% to 3.9%, its lowest since March
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Peter Hannam @phannam.bsky.social · 11/12/2024
The coming heatwave for eastern Australia will cover about half the nation. This is the Saturday-Monday chart. (Via BoM)
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Reposted by Peter Hannam
The Guardian @theguardian.com · 11/12/2024
Humpback whale makes record journey of more than 13,000km from South America to Africa
theguardian.com
Humpback whale makes record journey of more than 13,000km from South America to Africa
Research done with the help of citizen science shows male humpback completed almost twice the typical migration distance * Get our breaking news email, free app or daily news podcast A humpback whale has journeyed more than 13,000km from South…
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Peter Hannam @phannam.bsky.social · 11/12/2024
RBA’s Andrew Hauser giving a bit of a history lesson…
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Peter Hannam @phannam.bsky.social · 11/12/2024
(Should post this on X): www.theguardian.com/media/2024/d...
theguardian.com
From X to Bluesky: why are people fleeing Elon Musk’s ‘digital town square’?
Musk’s platform has lost 2.7 million active US users in two months, while its rival has gained 2.5 million
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Peter Hannam @phannam.bsky.social · 11/12/2024
From this week, the Bureau of Meteorology stopped publishing their "climate drivers" page, although values for the Nino 3.4 region used for monitoring are still available. Chances of a standard La Nina continue to fade...
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Peter Hannam @phannam.bsky.social · 10/12/2024
Most of eastern Australia will bake in a heatwave from the weekend. (Via BoM)
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Peter Hannam @phannam.bsky.social · 10/12/2024
(New from me): how ‘wild’ in 2024 may look mild before too long… www.theguardian.com/australia-ne...
theguardian.com
Michele Bullock’s ‘wild ride’ at the RBA could spell trouble for Labor if interest rate cuts aren’t on the way
Growth has slowed, but employment is up – could the new year bring mortgage repayment relief?
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Peter Hannam @phannam.bsky.social · 10/12/2024
February rate cut looks a bit more likely…
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Peter Hannam @phannam.bsky.social · 10/12/2024
(New from me): No Christmas gift for Australian borrowers as RBA leaves interest rates on hold - but hopes for a cut improve www.theguardian.com/australia-ne...
theguardian.com
No Christmas gift for Australian borrowers as RBA leaves interest rates on hold
Reserve Bank leaves cash rate at 4.35% for ninth consecutive meeting
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Peter Hannam @phannam.bsky.social · 10/12/2024
As we await the RBA's rates verdict (likely keeping the cash rate at 4.35% for a 9th meeting in a row), it's interesting inflation expectations have lately receded a lot. ANZ/Roy Morgan's weekly survey has noted a 0.5ppt drop in the past fortnight, with the gauge near its lowest since Aug 2021.
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Peter Hannam @phannam.bsky.social · 10/12/2024
Why Murdoch’s succession case could be major blow to his rightwing legacy www.theguardian.com/media/2024/d...
theguardian.com
Why Murdoch’s succession case could be major blow to his rightwing legacy
Court ruling could mean that more liberal Murdochs may have say in content from world’s most powerful conservative media empire
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Peter Hannam @phannam.bsky.social · 10/12/2024
Annoying words used by the Canberra press gallery and almost nobody else, ever: "swingeing"...
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Peter Hannam @phannam.bsky.social · 10/12/2024
Have been doubtful about 'economy has no pulse' or 'economy being strangled by government' takes for a while. Business confidence back to its highest level in almost two years, NAB's latest survey finds. Sure, it's not 'boom' times, but neither are they 'bust'.
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Peter Hannam @phannam.bsky.social · 10/12/2024
Murdoch’s succession plan hits a snag: www.theguardian.com/media/2024/d...
theguardian.com
Rupert Murdoch loses battle to control succession to his media empire
Media mogul’s three adult children will retain control despite attempt to give his son Lachlan complete control
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Peter Hannam @phannam.bsky.social · 09/12/2024
Anywhere near Reno and a certain courthouse...?
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Reposted by Peter Hannam
Ketan Joshi @ketanjoshi.co · 09/12/2024
This @arielbogle.bsky.social @readfearn.bsky.social piece is so good, for many reasons but importantly is shows the spectrum of community opposition to renewables: from bad-faith political / fossil fuel networks to genuine sentiment from communities left out of the process. Read --->>>
theguardian.com
How anger at the rollout of renewables is being hijacked by a new pro-nuclear network
An alliance of political groups is harnessing real fears about the local impact of renewables projects across Australia – and using them to spruik nuclear power
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Peter Hannam @phannam.bsky.social · 09/12/2024
Ahead of today's RBA rates decision, here's how the major banks think the central bank is going to cut the cash rate next year. (NAB's view implies cuts at five of the last six meetings of 2025.) (Via RateCity)
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Reposted by Peter Hannam
Sophie Black @sophieblackwords.bsky.social · 09/12/2024
Jaw dropping season finale cliff hanger
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Peter Hannam @phannam.bsky.social · 09/12/2024
Meanwhile… www.theguardian.com/environment/...
theguardian.com
Climate crisis deepens with 2024 ‘certain’ to be hottest year on record
Average global temperature in November was 1.62C above preindustrial levels, bringing average for the year to 1.60C
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Peter Hannam @phannam.bsky.social · 08/12/2024
The falling solar and battery prices that make decarbonisation possible are remarkable and owe much to Chinese investment and innovation. (Via GenCost/CSIRO)
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Peter Hannam @phannam.bsky.social · 08/12/2024
And here's the CSIRO draft GenCost report (which is an annual one...): www.csiro.au/en/research/...
csiro.au
GenCost: cost of building Australia’s future electricity needs
Each year, CSIRO and the Australian Energy Market Operator (AEMO) collaborate with industry stakeholders to update GenCost. This leading economic report estimates the cost of building new electricity ...
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Peter Hannam @phannam.bsky.social · 08/12/2024
The Australian, meanwhile, says "The CSIRO has stepped up its attack" on Dutton's nuclear power plans. (No sighting of GenCost report in the Daily Telegraph...)
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Peter Hannam @phannam.bsky.social · 08/12/2024
And here's the AFR's GenCost report, framing the CSIRO as 'The federal government's science agency' in its top line...
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Peter Hannam @phannam.bsky.social · 08/12/2024
Seven turns out to be the limit of gas-funded coverage in the Murdoch tabloids. Bet they would never run a comment piece like this one:
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Peter Hannam @phannam.bsky.social · 08/12/2024
Csiro still finds nuclear energy far more expensive than renewables...and too slow for Australia's needs. www.theguardian.com/australia-ne...
theguardian.com
CSIRO refutes Coalition case nuclear is cheaper than renewable energy due to operating life
National science agency dismisses argument nuclear’s economics have not been adequately considered in new draft report
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Peter Hannam @phannam.bsky.social · 08/12/2024
(New from me): www.theguardian.com/australia-ne...
theguardian.com
Your smoke detector may be at risk if solar power is turned off during sunny days to protect the grid, experts say
High voltage required to use Aemo’s emergency backstop is a bit like stopping a car by driving into a tree, Vince Garrone says
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Reposted by Peter Hannam
Sharon 🪳🌹 @sharonk.bsky.social · 08/12/2024
background
Ragheed al-Tatari, a Syrian airforce pilot who refused orders to bomb civilians in Hama, sent to Syria’s notorious Sednaya Military Prison.
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Peter Hannam @phannam.bsky.social · 08/12/2024
Light rail services in eastern Sydney likely to be snarled for a while by a fire in a shop in Surry Hills….
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Peter Hannam @phannam.bsky.social · 07/12/2024
Now up to 7 days in a row of gas-sponsored coverage in the Murdoch tabloids....
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