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Since the IEA's last review in 2018, Australia has significantly raised its climate ambitions, with the 2022 Climate Change Act doubling the target for emissions reductions by 2030 and setting the goal of reaching net zero emissions by 2050. To match these increased ambitions, Australia is seeking to update its existing strategies, starting with the preparation of a new emissions reduction plan for 2050. Emission reductions and energy efficiency improvement rates need to double by 2030, and further steps will be required to achieve the government's clean electricity target. Such efforts would support both climate and energy security goals. To support its clean energy transition, Australia needs to strengthen its resilience to supply disruptions across all fuels, whether from climate change impacts or global energy price shocks. Flexibility, fuel availability and resilient infrastructure will become even more vital as Australia's energy system incorporates very high shares of variable renewables and is likely to face more frequent and more extreme weather events. Gas market reforms can help ensure energy security during the transition. In this report, the IEA provides energy policy recommendations to help Australia effectively manage the transformation of its energy sector in line with its goals.
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"Economic system innovations have had a profound impact on our lives, from the invention of banking in the middle ages to the United Nations institutions post-WWII. However, their intangible nature means that few people identify these changes alongside physical inventions. This book is a series of vignettes about changes to Australian institutions and systems that have significantly improved economic and social well-being. Although invention is normally an incremental process, with copying and adaption being the norm, the authors focus on reforms that were principally new to the world at the time of implementation. The book is not about the reforms and how well they worked, per se, rather about the people and the political struggle to get them adopted. The authors have chosen to focus on the stories where Australia has either taken a global leadership role or made a considerable advance in a particular new institution. What these stories show is that leadership in institutional innovation can come from many quarters: academia, the community, politics and the bureaucracy. Often the most successful teams combine people from all quarters albeit with support from the fourth estate. The work shows how many reforms began with modest beginnings, often an ordinary person with a vision, and how often it takes several attempts to get change accepted. This key volume can be used to teach students of economics, political economy and politics. It illustrates the type of networks, actions and advocacy that is needed to get reform implemented and is written in a style to also engage policy and think-tank audiences. Beth Webster is the Director of the Centre for Transformative Innovation at Swinburne University of Technology and Pro Vice Chancellor. She has a long abiding interest in economic research and the political economy of policy and has worked for several government departments and three public research institutes at Monash, Melbourne and Swinburne Universities. Bill Scales has held governance, advisory and executive positions in business, industry, government and the not-for-profit sectors. These include manufacturing, telecommunications, the government sector, aged care, economic infrastructure and education sectors. He has been Chair or Panel Member on 13 major national and Australian state government inquiries and reviews across the economy"--
Economics --- Australia --- Economic conditions.
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Finance, Personal. --- Australia --- Finance
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Property Investing Essentials Australian Edition provides a comprehensive guide to real estate investment, tailored to the Australian market. Authors Nicola McDougall and Bruce Brammall offer strategies for developing property investment portfolios, understanding financial options, and choosing optimal locations for investment. The book emphasizes the importance of education and expert advice in achieving successful financial outcomes through property investment. It targets aspiring and current investors seeking to enhance their financial future by acquiring and managing real estate assets. Key topics include property management, leveraging investment power, and understanding market dynamics.
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Neoliberalism has made Australia less equal and our welfare system more brutal. But it has also changed the politics of inequality. Using examples from health to housing, unemployment to universities, this book identifiesopportunities to make a more equal Australia.
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Abolitionists --- Dawes, William, --- Australia --- History
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