NSW cannot afford to allow Origin Energy to shut Eraring Power Station, so it has offered up a generous insurance policy.
More than 26.25 per cent of proxy votes were cast against its executive pay regime ahead of the company’s annual general meeting in Sydney on Thursday.
Read everything that’s happened in the news so far today.
The exodus – which continues to unfold – has already included eight people who resigned on Wednesday, followed by another three this morning.
The wine group says the contract has been handicapping it for years in an oversupplied market, as investors in smaller player Australian Vintage brace for bad news.