Hydro's shrinking balance sheet

 HYDRO Tasmania’s recently released 2019-2020 annual report revealed a significant write-down of generation assets due to reductions in future expected revenue.

The business case for Marinus, the second Bass Strait interconnector, which is based on estimates of future electricity prices, will need to be revised.

Downturn demands bigger spend

 

The penny has finally dropped that increased public debt is not a burden, but spending in this year’s Federal Budget should have been better directed.