The cost of energy generation went up over winter.

That doesn’t mean power bills are about to spike however - retail prices are set once a year by a regulator, which means that households aren’t about to see a change in the cost of their electricity any time soon. 

But the increased cost of generating power could have big impacts on the economy, politics and households.

Also, two long-serving Labor ministers are retiring from politics, ahead of the next federal election. Indigenous Affairs Minister Linda Burney, and Skills and Training Minister Brendan O’Conner will leave parliament at the election, and the Prime Minister will use their retirements to reshuffle his cabinet this weekend.

Today, climate and energy correspondent Mike Foley and national affairs editor James Massola on what government’s are doing to fix our energy market and what a reshuffle means for Labor.

The cost of energy generation went up over winter.
That doesn’t mean power bills are about to spike however - retail prices are set once a year by a regulator, which means that households aren’t about to see a change in the cost of their electricity any time soon. 
But the increased cost of generating power could have big impacts on the economy, politics and households.
Also, two long-serving Labor ministers are retiring from politics, ahead of the next federal election. Indigenous Affairs Minister Linda Burney, and Skills and Training Minister Brendan O’Conner will leave parliament at the election, and the Prime Minister will use their retirements to reshuffle his cabinet this weekend.
Today, climate and energy correspondent Mike Foley and national affairs editor James Massola on what government’s are doing to fix our energy market and what a reshuffle means for Labor.

Cut through the noise of federal politics with news, views and expert analysis from the newsrooms of The Sydney Morning Herald and The Age. Join host Jacqueline Maley and chief political correspondent David Crowe every Friday.

Cut through the noise of federal politics with news, views and expert analysis from the newsrooms of The Sydney Morning Herald and The Age. Join host Jacqueline Maley and chief political correspondent David Crowe every Friday.

Inside Politics

Can the government fix the energy market?

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/d6dd131a-7e52-4b8d-aa97-b1b8007026ed/transcript

This week the boss of the Australian spy agency, ASIO, lifted the terror threat level from possible to probable. The last increase in the threat level was in 2014, and it was in response to Islamic extremism. 

This time, the risk to society is different - it is the risk of young men, especially, being radicalised online by a grab-bag of conspiracy theories and far-right grievances, and carrying out a lone wolf attack. 

So what are the social conditions that have led to this evolving threat to our safety? And what can our security agencies do to make us safer? 

Plus, we take a look at the decision by the Reserve Bank to leave rates on hold and the effect this will have on the fortunes of the Albanese government.

Cut through the noise of federal politics with news, views and expert analysis. Subscribers can sign up to our weekly Inside Politics newsletter.

This week the boss of the Australian spy agency, ASIO, lifted the terror threat level from possible to probable. The last increase in the threat level was in 2014, and it was in response to Islamic extremism. 
This time, the risk to society is different - it is the risk of young men, especially, being radicalised online by a grab-bag of conspiracy theories and far-right grievances, and carrying out a lone wolf attack. 
So what are the social conditions that have led to this evolving threat to our safety? And what can our security agencies do to make us safer? 
Plus, we take a look at the decision by the Reserve Bank to leave rates on hold and the effect this will have on the fortunes of the Albanese government. Cut through the noise of federal politics with news, views and expert analysis. <a href="https://www.smh.com.au/link/follow-20170101-p5apym">Subscribers can sign up to our weekly Inside Politics newsletter</a>.

Lonely men on the internet and why the terror threat was raised

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/115d74e6-0a68-4d51-8ebd-b1c6005c2192/transcript

Australians are buying way less stuff. Households are draining their savings. 

Yet at the same time, we’ve been hearing months of warnings that the Reserve Bank might again hike mortgage rates.

That all changed on Wednesday when a key data set was released. It showed the prices of goods and services were still rising higher than we would like, but not quite as quickly as some feared.

Today, senior economic correspondent Shane Wright joins Paul Sakkal to unpack what the latest data tell us about our economy, and whether mortgage holders might see some relief.

Australians are buying way less stuff. Households are draining their savings. 
Yet at the same time, we’ve been hearing months of warnings that the Reserve Bank might again hike mortgage rates.
That all changed on Wednesday when a key data set was released. It showed the prices of goods and services were still rising higher than we would like, but not quite as quickly as some feared.
Today, senior economic correspondent Shane Wright joins Paul Sakkal to unpack what the latest data tell us about our economy, and whether mortgage holders might see some relief.

Inflation 'Doomsday' dodged, but what happens now?

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/81e291c5-5f98-40d1-9056-b1bf0067af28/transcript

Unions and Labor are intertwined. The oldest Labor Party in the world traces its roots to the shearers strike of the 1890s. 

At that time, powerless workers decided to band together to create a political party and take on big business.

The aims of unions underpins a lot of what Labor does when it holds power. Many of its MPs worked for unions. But what happens when one misbehaves? Misbehaves badly.

There have long been suggestions and reports of bully-boy tactics in the rough world that is the building industry. But reports in The Age and SMH revealed so much more than the odd bad apple.

Labor is already sagging in the polls. A new union scandal now threatens to derail the government’s winter agenda and opens it up to the long-standing charge of being too close to trade unions.

Today, chief political correspondent David Crowe and political reporter Angus Thompson join Paul Sakkal to discuss the CFMEU scandal and what it means for the government.

Unions and Labor are intertwined. The oldest Labor Party in the world traces its roots to the shearers strike of the 1890s. 
At that time, powerless workers decided to band together to create a political party and take on big business.
The aims of unions underpins a lot of what Labor does when it holds power. Many of its MPs worked for unions. But what happens when one misbehaves? Misbehaves badly.
There have long been suggestions and reports of bully-boy tactics in the rough world that is the building industry. But reports in The Age and SMH revealed so much more than the odd bad apple.
Labor is already sagging in the polls. A new union scandal now threatens to derail the government’s winter agenda and opens it up to the long-standing charge of being too close to trade unions.
Today, chief political correspondent David Crowe and political reporter Angus Thompson join Paul Sakkal to discuss the CFMEU scandal and what it means for the government.

Will the CFMEU scandal derail the government's agenda?

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/2cb41e4e-680c-4d81-8f67-b1b10069c93c/transcript

Can the government fix the energy market?

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