Superannuation funds’ marketing relocations: Big very’s huge spenders

The varied marketing alternatives readily available to huge extremely remain in plain contrast to the absence of option for the majority of people regarding where their companies’ incredibly contributions are directed. Big funds monopolise this market currently.

Scale is certainly advantageous for these funds. Their increasing size is ensured, as each week their coffers are supplemented with company and member contributions. They currently have access to financial investments not available to smaller sized funds and self-managed funds, or the majority of other organizations.

The marketing expense may have been more helpful in broadening their member base if it had actually been utilized to show how the huge incredibly funds ran to increase their members’ retirement balances, and how little was diverted into marketing, associated celebration payments and administrative overheads, instead of supporting sports groups and occasions.

Michelle Wilson, Windsor, Qld

Lifter’s tale: Cormann’s profession moves

Hannah Wootton’s report, “Mathias Cormann ‘did some work’ for ex-PwC employer Luke Sayers”, comes as not a surprise to any punter following the aspirational pollie’s profession relocations.

As an active half of the initial “lifters”, the cigar-smoking Hockey-Cormann duo, he offered brand-new significance and function to the concept of “lifting”. And he never ever let concepts or procedures obstruct of his driven aspiration to “raise” whenever a chance emerged.

Having actually led the charge to extend federal government costs on personal specialists to brand-new heights, PwC consisted of, he wasn’t going to let a chance slip, as he adroitly prepared his post-political profession: part of his fallback in case his quote for the OECD tumbled.

And, naturally, he had no qualms about flying, taxpayer-funded, to European and other important capitals to gather assistance and fortify his quote for another distinguished plume in his cap, secretary-generalship of the OECD.

Following his OECD visit, he showed his chameleonic qualities, yet once again with a speedy turn-around from the environment modification policies he promoted as a senior minister in Australian conservative federal governments. Is it any question the daily punter stays extremely sceptical of our pollie platitudes, keeping the “trust space”?

Kaz Kazim, Randwick, NSW

The advantages of electrical energy storage

Thank you for the outstanding short article on “Why 2024 will be the year of the huge battery” (January 3). It remains in the interests of federal governments that they be associated with structure electrical power storage systems since it will be the political leaders who will get hammered if the lights head out– and, in any occasion, there is a dollar to be made as the intermediary in between generators of electrical power and those who offer it to customers.

Peter Cribb, Daw Park, SA

Extremely various type of energy ‘farms’

There suffices false information being spread out about what renewable resource can and can’t do without contributions such as your ridiculous claim that 2024 will be the year of the huge battery. Battery farms can not be compared to wind or solar farms. The previous shop energy (in GWh) and the latter produce power (in GW). Relating the 2 ideas is comparable to comparing the leading speed of one electrical car (in km/h) with the variety (in km) of another.

Peter Wellby, Enfield, SA

Electrical power grid’s irregular heart beat

Arrhythmia and fibrillation in the nationwide electrical energy grid’s “coal-generated heart beat”, as described by AEMO in its draft Integrated Systems Plan is cause for much anxiousness.

Arrhythmia is currently in proof by method of sub-synchronous voltage oscillation from the solar farms in Victoria’s north-west.

Unlike the UK, which is linked to the Netherlands and France, we need to wing it by ourselves without an “external battery” for our nationwide pacemaker. And when our nationwide pacemaker (i.e. concurrent capability) is listed below 30 percent of power need, we are prospects for fibrillation, triggering the nationwide grid to collapse into local “islands”. Those without adequate generation capability will go extremely dark!

Time to decrease the decrease in simultaneous generation capability and to intend on a nationwide basis– without political disturbance.

Phil Kreveld, Caulfield, Vic

Tasmania neglects its passing away devils

A lot more Tasmanian devils were struck by traffic on regional roadways near Montagu throughout the Christmas duration. It’s been called a devil roadkill location for several years, however the Circular Head mayor does not wish to alter anything to safeguard the regional devil populations. Perhaps the state Natural Resources and Environment Department’s Save the Tasmanian Devil Program likewise backs this “not do anything” reaction.

Tanya Plibersek may wish to throw down the gauntlet, however, to honour her guarantee not to let any threatened types go extinct while she is in power. Perhaps she can start another “stick them all in captivity to avoid them going extinct” effort up until the next cabinet reshuffle, when it ends up being someone else’s issue.

Felicity Holmes, Tinderbox, Tas

A hack by any other name

Intriguing that Eagers’ examination discovered “that a 3rd party from outside the organisation acquired unauthorised access to information”.

It would have been easier to specify the apparent: We have actually been hacked!

Allan Gibson, Cherrybrook, NSW