https://www.rba.gov.au/speeches/2019/sp-dg-2019-03-12.html  5/10  3/13/2019  Climate Change and the Economy | Speeches | RBA  Graph 1  Transmission is a more complicated picture. As more households and businesses have installed rooftop solar, they are putting electricity into a grid that was primarily designed to distribute energy from a wholesale-scale source of generation.
More broadly, foreign residential demand in Australia is linked to the rise in income and wealth globally, but particularly in Asia, which is adding to business opportunities as our economy becomes more integrated with others in the region. This is welcome and to be expected.