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Coal-powered AGL boss Andy Vesey finds it's easy being green

Illustration: John Shakespeare

Who says it isn't easy being green. Last month – when AGL boss, Andy Vesey, unveiled the energy group's $800 million underlying profit for the financial year just ended – analysts were asking whether it still made sense to stick to its timeline of closing down its incredibly profitable coal-powered stations such as Liddell, starting in 2022.

Spring sale: Ex-McGrath agents in $16m stock selloff

Sydney real estate agent John McGrath

The real estate industry's all important Spring sales season has begun and the biggest listing has just hit the market. It has no rooms, no bathrooms, or parking, and is yours for just $16 million (subject to negotiation).

Could a former CBA exec be about to head ASIC?

Who will replace ASIC chairman Greg Medcraft?

As every possible regulatory body gangs up on Commonwealth Bank – offering the public all the fun you would expect from a Royal Commission – are we really going to see a former employee of the bank head up one of these regulators?

Bahama billionaire saves AACo from pay pain

Bill Gates.

A billionaire saved Australian Agricultural Company from a first strike at its AGM on Wednesday, but it wasn't one of the world's richest men, billionaire philanthropist Bill Gates.

No Downer as Spotless boss makes abrupt exit

Spotless CEO Martin Sheppard was going about his normal day-to-day business on Friday as Downer moved higher up the ...

If you're not one for conspiracy theories, you won't see anything untoward in the fact that Spotless chief executive, Martin Sheppard, stepped down with immediate effect on Tuesday – just two days before the rather spotty cleaning services group delivers what should be its last full year result as a listed company.

Seven West's Tim Worner pays bonus penalty after affair

Tim Worner and Amber Harrison were at the centre of an ugly court battle.

While Amber Harrison has been forced to launch a public appeal to avoid bankruptcy over her legal battle with Kerry Stokes' Seven West Media, it looks like her former lover - Seven West chief executive Tim Worner - might be paying a more modest financial penalty.

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