![Steam billows from the cooling towers at EnergyAustralia's Yallourn coal-fired power station which could be the next ...](/web/20161114025403im_/http://www.theage.com.au/content/dam/images/g/i/j/2/j/p/image.related.landscape.460x307.gsm38a.png/1478837711331.jpg)
Yallourn closure could follow Hazelwood, pushing power prices further
EnergyAustralia has warned of a further round of electricity price rises if its Yallourn power station in Victoria's Latrobe Valley were to close.
EnergyAustralia has warned of a further round of electricity price rises if its Yallourn power station in Victoria's Latrobe Valley were to close.
The steel maker has affirmed its December-half underlying profit before tax would be "at least" $510 million, up 50 per cent,
Two former Rio Tinto chief executives are included in the emails at the heart of investigations across three continents into payments the global miner made over access to a mining project in West Africa.
Shares in takeover target UGL continued to hold out of reach of the bidder for the company, the Spanish-controlled CIMIC, despite the board's capitulation Monday, when it told shareholders they should accept the offer.
Troubled dairy processor Murray Goulburn may be forced to write off the full amount of the $183 million support package provided to its milk suppliers
Electricity prices are almost certain to rise with the closure of the Hazelwood power station but by how much is far from certain.
The shareholder backlash against overpaid executives has snared Borak, with investors holding more than a quarter of its capital rejecting its pay packages.
The steam may be finally running out of the fast-paced rise in health insurance premiums of the past decade, with one of the nation's largest insurers seeing the level of 'claims inflation' nearly halve over the past year.
Hazelwood's exit combined with the possible closure of Alcoa's smelter could create turmoil in the energy market.
Our addiction to mobile devices has fuelled a global boom in demand for rare earths, yet the sole Australian player in the market is awash in a sea of red.
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