Adelaide most competitive place to do business

Office squeeze as Brisbane, Adelaide and Perth pick up

"Adelaide is one of the office markets where sentiment has improved significantly over the past 12 months."

“Defence, aerospace, technology and health are all growth sectors of the Adelaide market and are having a positive impact on leasing enquiry and activity.”

 

Apparently the meth business is going pretty strong in Adelaide according to this:
Aussie city has highest meth use in the world

 

Gawler Rail Electrification sparks into construction

"the multi-million project is expected to support approximately 250 full-time equivalent jobs a year over the life of the project, with completion anticipated in 2021"

 

10 years overdue but better late than never I guess.

 

https://www.fiveaa.com.au/shows/david-and-will/Penbo-Goes-Off-After-Adelaide-Was-Named-Ice-Capital-Of-The-World?

 

Adelaide the ice capital of the world, cocaine an issue in Canberra, global drug study finds

"Canberra had a much higher cocaine use than the other two Australian cities."

Canberra, I'm surprised and shocked!

 

South Australia had lowest cost of supply in main grid in October | RenewEconomy

"According to data from the Australian Energy Market Operator, the average spot price of electricity in the wholesale market in South Australia was $67.34/MWh, lower than Queensland, which has usually held the record in recent times courtesy of the government edict to its state owned generators to bid low, and which recorded $74.16/MWh."

"Wind and solar are now clearly the cheapest form of new generation across the country, and the cheapest form of any generation in South Australia. So much so that the state Liberal government has set an aspirational target of “net 100 per cent renewables”, a level it will likely reach within a decade."

 

"Sort it out": Business SA's tax warning to Govt as confidence plummets

Business confidence is now the worst on record as confidence plunges due to land tax changes.

60% of businesses now expect the economy to get worse as they face sky-rocking land tax bills. This is already on top of surging power prices in SA.

It comes as yet another builder collapses today - Integrity New Homes.

 

South Australia’s clean-energy shift brings lowest power prices on national grid, audit finds

cc: @Ben Chifley

 

So I have just read two posts above one saying that SA energy costs are surging, the other that they are the lowest on the national grid. Which one is correct.

 

It hasn't exactly been a smooth ride

Weekly volume weighted average spot prices - regions

 

How much of it did you read? Believe 1 stated it was highest, 2nd states that it's dropped in the last 2 months.
I didn't read in detail, but reckon maybe both correct. Was high now its not due to whats been implemented?

 

Got a family member in Adelaide. They have just received a notice from Alinta Energy that the unit price will go from 42.90c/kWh to 48.818c/kWh. What is that, about a 13.8% hike this year.

It could be that wholesale prices are falling, but retail prices are surging.

With those prices, it's surprising EBGames and Harris Scarfe isn't closing more stores in Adelaide.

 

@Peter2013 seriously think that's why EBGames is closing... not that the PC/Consoles people are using can also buy/download the games - making the stores pretty much useless.
HS has always put itself as a discounted store, again also competing online, each store always seems to have huge floor space, no surprise again.

 

Did Alinta Energy explain why unit prices are going up?

 

Not really.

 

Weatherills vision for 100% renewable transition was so publicly damned by the federal Liberal party. Now fully embraced by the state party.

South Australia on track to 100 pct renewables, as regulator comes to party

"South Australia is the main beneficiary. Its Liberal state government wants to reach “net 100 per cent” renewables by around 2030 (it will likely reach that milestone much earlier) and then become a net exporter to states such as NSW. "

 

Medicinal cannabis facilities receive major project status

"The largest of the three is a production facility in Adelaide's southern suburbs run by LeafCann worth $350 million."

"When the production facility is fully operational LeafCann expects to generate more than 1400 jobs, in addition to 850 created during development."