Your morning Briefing: Major power firm eyes coal plant deal
Welcome to your 2-minute briefing on the day’s top stories and must-reads.
Welcome to your 2-minute update on the day’s top stories and must-reads.
Clean coal goals
One of Australia’s leading energy companies has flagged plans to enter a partnership with specialised Japanese or Chinese developers to build a “clean-coal” power plant within five years if Malcolm Turnbull’s energy reform blueprint is implemented. Ahead of a crucial Coalition partyroom meeting today, industry support for coal-fired power stations is expected to help win over wavering government MPs who must endorse the national energy guarantee to secure support from the states. Stay abreast of all the energy debate developments and more in our live blog from parliament, PoliticsNow.
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Odds shorten
Bill Shorten is the man most likely to be elected prime minister at the next election: Australia faces a Shorten-led Labor government within eight months, writes Dennis Shanahan. Coalition hopes of destroying the Opposition Leader or of Labor facing a debilitating and destructive leadership battle are forlorn. Coalitionists need to recognise Shorten is secure and Labor will not implode.
“Shorten’s chances at the next election are greater than those of Liberal incumbent Malcolm Turnbull and, perhaps more importantly, Labor leadership aspirant Anthony Albanese.”
Dennis Shanahan
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Cross words
Former defence minister Brendan Nelson has warned of the consequences of tearing down Victoria Cross winner Ben Roberts-Smith, saying his battlefield honours were awarded only after intense scrutiny by senior military and government leaders.
“It (the VC) is rarely awarded because at every single step of the process, from eyewitness accounts to the myriad layers in the military chain of command, every single person involved rigorously interrogates the factual basis of the recommendation to award ‘the Cross’.”
Brendan Nelson
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Flat batteries
Andy Penn’s Telstra releases its results on Thursday. Just as well Elon Musk’s Tesla boardmate Robyn Denholm hasn’t yet taken over number crunching duties at the telco — how could she find the time? Denholm’s lucrative side project on the board of Tesla — a company the subject of two new shareholder class actions and interest by the US corporate cop SEC following Musk’s extraordinary tweeted plan to privatise the firm — is becoming increasingly time consuming, writes Margin Call. Life will be interesting for Denholm when she takes over Telstra’s CFO duties from Warwick Bray on October 1.
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Johannes Leak’s view