24 May 2021
The manner of the federal Coalition government’s decision to provide $600 million of taxpayer funds to Snowy Hydro’s proposed gas generator at Kurri Kurri is a disgrace.
The 660MW Kurri Kurri open gas project, assuming it will go ahead, will reinforce Snowy’s dominant position in the long duration firming market, and it will give it dominance of the NSW, Victoria and South Australia markets.
But it also flies in the face of developments in battery storage. Snowy Hydro is the only major “gentailer” not doing batteries, and its strategy seems to be based around the assumption that battery storage is not happening.
Regional areas in NSW badly affected by the mouse plague will soon receive some relief, as the state government prepares to roll out 20 grain treatment sites.
Pending approval from the Australian Pesticides and Veterinary Medicines Authority (APVMA) for the use of bromadiolone around crops, the sites will use perimeter baiting in combination with zinc phosphide.
Bromadiolone is a rodenticide that has been specially manufactured to kill rats and mice.
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Desperate farmers having begged the government for assistance, a mouse plague across the NSW Central West continues to rage on. Millions of rodents are invading schools, homes, and farms - and wiping out crops.(Facebook / Foxearth Farm)
Just months after Japan’s Itochu flagged plans to exit Whitehaven’s Maules Creek mine, a British investor is mulling offers for its right over the Narrabri mine.
Auscott sold to Canadian-backed Australian Food and Fibre
by Andrew Marshall
The Canadian-backed NSW family farming company Australian Food and Fibre has won the tender to buy pioneering cotton farming and ginning business, Auscott.
AFF is already a major cotton growing and ginning operation based at Moree in North West NSW.
It now adds a further 40,000 hectares of country in the state s Namoi, Macquarie and Murrumbidgee valley s to its footprint.
US-owned Auscott also has two cotton gins at Narrabri and others at Trangie and Warren in the Macquarie Valley, and at Hay in the south.
Although industry speculation had put a price tag on the Auscott assets at about $500 million no price has been disclosed by AFF or its major backing partner PSP Investments.