ASX ends down 0.1pc; iron ore falls hit miners
REITs rally as miners and energy stocks fall. Iron ore at five-month low. Invocare dives as TPG walks. South32 tanks on production miss. Bluescope ups outlook on steel prices.
REITs rally as miners and energy stocks fall. Iron ore at five-month low. Invocare dives as TPG walks. South32 tanks on production miss. Bluescope ups outlook on steel prices.
The outspoken tech billionaire says running the company he co-founded 20 years ago is the best use of his time, despite the high-profile side hustle spats with Andrew Forrest and AGL.
The closure of AGL’s Liddell coal-fired power generation plant in a fortnight won’t cause any electricity supply shocks, say retailers and energy officials.
Goodman jumps on broker upgrade. Lake Resources dives on chair’s selldown. Latitude falls as cyber attack hits millions. Crown has now been hit with a ransom demand by a Russian cyber gang
New technology enabling a smarter use of batteries found in Teslas could help address major affordability issues, energy giant AGL reveals.
AGL Energy is poised to quit its membership of a national peak gas body, with the power giant seeking to fast-track a move to green electricity.
Delays to the restart of coal-fired power stations in Queensland have heightened fears of another harsh winter for the fragile energy market.
The energy giant’s ‘reckless and misguided’ growth plan and ‘perverse’ incentives have been slammed by the UK activist investor, who played a key role in scuttling AGL’s demerger.
Residents of the Upper Hunter are fed up. With the closure of AGL’s Liddell coal-fired power plant and the imminent shutdown of mines, they are on edge.
From where they sit inside Liddell power station, AGL Energy’s chief operating officer and veteran workers are both exasperated and excited by tech titan Mike Cannon-Brooke’s attention.
AGL chair defies resignation call after pay strike, Cannon-Brookes’ board victory. Allkem, Pilbara shares dive. Incitec soars on demerger delay, $400m buyback. CBA shares rise on $2.5bn quarterly profit.
The AGL and Genex ‘distractions’ of Mike Cannon-Brookes and Scott Farquhar don’t have the backing of a profitable business.
Lack of Aussie involvement in Origin bid could cause concern: UBS. Elders shares dive, Warrego soars. EQT Holdings wins approval for $135m Australian Executor Trustees buy. Way to go on US inflation: FOMC
Mike Cannon-Brookes is poised to win his stoush with AGL Energy, with all four candidates put forward by the billionaire in line to join the power giant’s board.
As geopolitical conflict and a drive to net zero heaps pressure on Australia’s energy grid, this Melbourne tech company thinks it can help.
A third major proxy adviser has backed directors proposed by the Atlassian billionaire, the energy giant’s largest shareholder.
Local stocks end the day higher led by materials and energy gains. CBA hikes home loan, savings rates. Loan values fell in September. Rio lifts after winning over Turquoise investors. Inflation boost for Amcor. AGL up as Cannon-Brookes wins backing in board battle.
Mike Cannon-Brookes has received a boost in his bid for a refreshed board at AGL Energy after winning support from a key proxy adviser.
ASX 200 finished nearly 1.2 per cent higher, led by tech and consumer discretionary stocks. The market is up 6 per cent in October, the best in 11 years. Investors await RBA’s rate news on Melbourne Cup. EML shares tank on UK regulatory woes.
As he campaigns for a spot on the AGL board, Swinburne University chancellor John Pollaers argues that boards need more diversity,
Original URL: https://www.theaustralian.com.au/topics/agl-energy/page/5