SA pays the price for reliance on renewable energy
South Australia was warned to prepare for an extended loss of electricity last night in the wake of wild weather which caused widespread blackouts.
South Australia was warned to prepare for an extended loss of electricity last night in the wake of wild weather which caused widespread blackouts.
AGL has caught the market by surprise with a $600 million share buyback, while hiking its dividend payout ratio.
The demise of coal has been effectively rebutted with the five-fold surge in the share price of Whitehaven Coal.
Energy market traders are expecting prices to rise by 10 per cent if the plant shuts.
A mixture of higher volumes and better margins is working well for materials maker.
BHP's chief executive Andrew Mackenzie personally suggested he receive no bonus.
A short-term "sugar hit" which could derail plans to provide seed capital to new investment fundsĀ if Kerr Neilson proceeds with the planned share buyback at his fund manager, Platinum Asset.
Control of the operator of the Ghan and Indian Pacific train services has changed for the second time in a little over a year, as private equity investors reshuffle their holdings.
This fund manager is betting Kerr Neilson's Platinum Asset Management won't maintain its rally.
Watchdog warns Victoria's ban will lift costs for business and consumers.
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