@karlstefanovic John Howard introduced the CGT discount in 1999.
The decade before, house prices tracked income.
After, they decoupled - Howard used the tax system to make investors richer at the expense of first home buyers.
A simple correlation that even Karl Stefanovic could understand.
China has ranked #1 globally in installed wind power capacity for 15 straight years.
By November 2025, installed wind capacity had surpassed 600 GW, more than any other country by a wide margin.
The energy transition is operating at a scale many still struggle to comprehend.
China Petrol Car Sales Trend:
2017: 23.6m (historical peak)
2018: 21.4
2019: 19.6
2020: 17.8
2021: 17.1
2022: 14.8
2023: 13.9
2024: 11.4
2025: 10.9
2026(e): 7.2
>16.4m annual loss since 2017 is larger than the annual passenger car markets of the US and Japan combined
This is Elizabeth City Centre in Adelaide. Arguably Australia's most solar-covered shopping centre.
Rooftops & car parks generating clean electricity while providing shade for customers.
With around 16,000 solar panels, Elizabeth City Centre has approximately 5.8 MW of solar capacity, including what was reported as Australia's largest solar car park canopy.
The system spans rooftops and parking areas across a centre with roughly 3,530 parking spaces, turning asphalt into an energy asset.
Shopping centres are almost purpose-built for solar:
• Huge roof areas
• Massive car parks
• Peak electricity demand during daylight hours
• Natural locations for EV charging
The result is a simple idea with multiple benefits:
• Lower electricity bills
• Reduced grid demand during sunny periods
• Cooler cars in summer
• Better use of existing land
If more shopping centres followed this model, we'd be talking about gigawatts of additional generation without using a single hectare of new land.
Ten countries have now crossed 50% EV market share.
Not cities. Not regions. Ten countries. Across four continents.
What's remarkable is that just three years ago, Toyota Chairman argued EVs would be limited to around 30% of global new vehicle sales for the next 100 years.
It's 2026.
#1 Norway ~98%
#2 Denmark ~82%
#3 Nepal ~76%
#4 Ethiopia ~60%
#5 Sweden ~59%
#6 China ~57%
#7 Uruguay ~57%
#8 Netherlands ~55%
#9 Iceland ~51%
#10 Finland ~50%
The prediction came from Toyota Chairman Akio Toyoda.
But this is about more than one bad forecast.
It's about what happens when incumbents cling to the old world, an empire built on internal combustion, oil and fossil fuel nostalgia, while exponential technologies keep improving in the background.
As disruption accelerates, the dominoes are likely to fall faster and faster, making even Norway's transition look slow in hindsight. The difference today is that global supply chains are now being reshaped by electrification.
Most models assume vehicles simply age out. What they often miss is the collapse of supporting ICE infrastructure. As EV adoption rises, you start seeing fuel station closures, dealership retrenchment, fewer mechanics, parts shortages, rising insurance premiums and weaker resale values.
At some point, owning an ICE vehicle becomes increasingly inconvenient and expensive.
The real disruption may not be EV adoption itself. It may be the economic death spiral that makes ICE ownership progressively harder to justify, much like what happened to film cameras, DVDs and landlines.
Tesla, Chinese automakers and Transport as a Service (TaaS) only accelerate that process. As younger generations increasingly choose mobility on demand over vehicle ownership, fleet turnover could accelerate even further.
The transition won't be driven solely by people replacing old cars with EVs.
It will also be driven by fewer people feeling the need to own a car at all.
Slow. Then sudden.⚡📈 #Bettrification
Hawke or Keating govts would not have engaged in AUKUS. “Times have changed” says Gareth Evans.
How true! Whitlam, Hawke and Keating would never have sacrificed our sovereignty and security to the US!
Hawke or Keating govts would not have engaged in AUKUS. “Times have changed” says Gareth Evans.
How true! Whitlam, Hawke and Keating would never have sacrificed our sovereignty and security to the US!
Former Labor Foreign minister rips Albanese a new one:
“Belief US would defend Australia in event of an existential attack is a ‘ludicrous delusion’.”
Aukus is among Australia’s worst foreign policy decisions and requires ‘heroic’ optimism: Gareth Evans https://t.co/vOTiMjSw62
Solar generating more electricity than coal across the US for an entire month by 2026 would have sounded implausible in 2016.
What excites me even more, than how far we've come, & expectations already surpassed, is that today is still merely the beginning. Cost always wins. #SWB
Wait. For. It. NASA animation shows Global temperatures warm slowly at first, then rapidly. Warming is accelerating! Here’s the truth. It’s real. It’s us. And we have to come to terms with it, and deal with reality, rather than deceiving ourselves, and hoping it goes away. It won’t… without intervention. #climate #globalwarming #science #climatechange
Solar panels now cheaper than wooden fencing
Solar module price down 68% 2023 to 2025🤓
Solar fastest shift in electricity generation source in history⏩
Solar price going down faster than the trend line 🤯
Solar not going slower - only faster
https://t.co/RO9YA2fEyp
Crazy that this is getting barely any coverage. This year’s European Press Prize was just awarded to an investigative report by the Dutch newspaper De Volkskrant. It is entitled “What the Wounds Tell” and in it the journalists Maud Effting and Willem Feenstra document the cases of 114 children in Gaza under the age of 15 who were struck by a single bullet to the head or chest. Almost all of them died or were left severely disabled. They chose to document only the cases of boys and girls under the age of 15 (though often much younger: aged 3, 4 or 7) because these are children who can be immediately identified as such. “A single bullet in these parts of the body is a clear indication that these children were deliberately targeted“, the two journalists write.
This is the article: https://t.co/YkZrpqBWBQ
Trump lässt 900 Tiefseesensoren aus dem Atlantik und Pazifik herausziehen – ein 370-Millionen-Dollar-Netzwerk das seit 2016 läuft.
Es sollte 30 Jahre laufen. Es wird nach 10 Jahren gestoppt. Was diese Sensoren messen: Meerestemperaturen. Strömungen. Salzgehalt. CO₂-Aufnahme. El-Niño-Früherkennung. AMOC – den Atlantischen Umwälzstrom der Europas Wetter reguliert. Ozeanograph Ed Dever: „Es ist ein lähmender Informationsverlust."
Project 2025 hatte das Netzwerk explizit als Quelle von „Klimaalarmismus" bezeichnet und seine Abschaltung gefordert.
Der Kongress hatte die Finanzierung zweimal gerettet.
Die NSF zog es trotzdem durch. Die Folgen werden Jahrzehnte dauern. Daten die wir nie mehr bekommen werden. 1/2
🇺🇸🇪🇺
Good god this is a crazy interview. Listen as Scott Pelley describes how Bari Weiss wanted journalists at CBS to cover the killing of Renee Good in Minnesota. This is why we can’t have oligarchs running our news outlets, this is absolutely devastating.
@AssaadRazzouk Good to see that Adani has seen the error of its ways. The economics of renewables plus batteries is too compelling to ignore. @AssaadRazzouk