Skip to content

Archive for

Fast-train bonanza: big investors in race to build major new Sydney rail projects

Sydney Morning Herald, 30 June 2016
A rapidly growing list of large investors and property developers is in a high-stakes race to win state government backing for mega rail projects, including a Chinese-backed proposal for a fast-rail line between central Sydney and Wollongong. The plans are at various stages of development and come just weeks before a joint state and federal options paper on the viability of building an express rail link to the new airport at Badgerys Creek in western Sydney is due to be released. Most of the projects are predicated on funding a substantial part of them by placing levies on new homes and businesses built along the proposed lines and train stations.
Read more

Malaysia Airlines’ CEO To Work For Emirates

One Mile at a Time, 27 June 2016
While there are plenty of struggling airlines, the one I probably feel worst for is Malaysia Airlines. The airline had already been losing money for years, and then they lost two Boeing 777 aircraft just months apart, which is just about an unprecedented tragedy. Probably the smartest thing the airline did in a while is hire Christoph Mueller as their CEO, who is known as one of the industry’s best “crisis CEOs.” He turned around Aer Lingus, and had a three year contract at Malaysia Airlines, where he started as CEO on May 1, 2015.
Read more

2015 Was A Record Year For Renewables

Energy Trends Insider, 8 June 2015
2015 saw record additions of renewable energy around the world, as well as high-profile agreements and announcements related to renewable energy. An estimated 147 gigawatts (GW) of renewable power capacity was added in 2015 – the largest annual increase ever – and in spite of continued low prices for fossil fuels. Wind and solar photovoltaics (PV) had record additions for the second consecutive year. In the power sector global capacity reached 1,849 gigawatts (GW), up 8.7% over 2014. Hydropower rose by a modest 2.7% to 1,064 GW, and other renewables collectively grew by 18% to reach 785 GW.
Read more

Meet the Unlikely Airbnb Hosts of Japan

New York Times, 18 February 2015
Relative to other major cities in the world, Tokyo, with its population of 13.4 million, has been slower to embrace Airbnb, with fewer hosts signing on to open their doors to strangers. There are currently about 2,500 listings in the city, less than half of what can be found in Madrid, less than one-fifteenth of what can be found in Paris and about the same as what’s available in Edinburgh, a city of half a million people.
Read more

Danielle the Atlantic’s Earliest 4th Storm on Record

Weather Underground, 20 June 2016
Tropical Storm Danielle formed on Monday morning in the Gulf of Mexico’s Bay of Campeche, but won’t be around long. The storm’s west to west-northwest motion will carry the storm inland over Mexico between Veracruz and Tampico by Monday evening. With top winds of just 45 mph as estimated by the National Hurricane Center in their 11 am EDT Monday advisory, heavy rain is expected to be the primary threat from the storm.
Read more

Is This The Future Of Housing In Urban Cities?

Forbes, 10 June 2016
As someone who grew up in a real estate family and has never accepted the status quo, the recent opening of Carmel Place, NYC’s first official micro-unit building, grabbed my attention. I had the opportunity to sit down with Andy Levin, the head of business development for micro-housing operator Ollie, to learn about his company’s unique value proposition and his views on the housing industry.
Read more

NASA’s ‘Maxwell’ is a plane that runs on electricity

Sydney Morning Herald, 20 June 2016
An experimental plane being built by NASA could help push electric-powered aviation from a technical curiosity and pipe dream into something that might become commercially viable for small aircraft.
Read more

Is your house within 400m of a train station? That’s a 4.5pc value boost

Australian Financial Review, 15 June 2016
Sydney homes within 400 metres of a train station enjoy an average 4.5 per cent premium in land value, according to a new study of transport and urban renewal projects. The boost for homes between 400m and 800m from a station is 1.3 per cent on land value, while even those further away – in the 800m-to-1600m zone – get a 0.3 per cent uplift, the Transit and Urban Renewal Value Creation report by Luti Consulting and Mecone Planning says.
Read more

Damaged Virgin Australia turbo-prop risked crashing for five days

Crikey, 15 June 2016
If it had crashed on February 20, 2014 when it was 47 kilometres WSW of Sydney Airport, a Virgin Australia ATR 72 would have become the worst airline disaster in Australian history. A second ATSB interim report released today into the state of that 68 passenger aircraft, which was approaching the end of its flight from Canberra, says the inadvertent actions of its two pilots could have catastrophically damaged its airframe faster than they could have recognized and corrected their mistakes.

Read more

New reactor took 43 years to build, shut down after 2 days

Renew Economy, 16 June 2016
More than four decades after construction began, the Watts Bar-2 reactor was finally connected to the grid on 3 June 2016. However, two days later, while operating at 12.5 percent power, the reactor automatically shut down.
Read more