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The Latest Breaking News from AGL

This Stock Has Been Beaten Down Bad, But a Major ‘Reversion to the Mean’ Could Be Underway

Today’s Chart of the Day is going to be a little different. My wife Barbara is a lot smarter than I am. She keeps asking me why I write about stocks that are already hitting new highs instead of beaten-down stocks that have nowhere else to go but up. Then,...

Barchart

Aussie shares soar to three-month highs as miners fly

A banking rally has sent Australian shares to three-month highs, while the Australian dollar hit its own milestone by reaching its highest value in three years.

AAP

Power giant welcomes data centre-driven price tailwinds

Australian energy giant AGL has beaten earnings expectations and lifted its forward guidance, with industrial and data centre demand expected to support prices.

AAP

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Origin Energy to face court over 77,000 alleged law breaches after taking millions from welfare recipients

Regulator says ex-customers allegedly affected by Centrepay scandal were already ‘likely experiencing economic vulnerability’

The Guardian - AU

American Golfers Should Be Licensed

In this edition of SI Golf’s Bad Takes Week, John Schwarb says the U.S. should take a page from Germany and require golfers to be certified.

Sports Illustrated

Fears 'free' electricity could come with hidden costs

Some households will get free access to electricity for three hours a day but questions have been raised about unintended consequences from the plan.

AAP

Pole position: contentious EV charging plan to go ahead

Power providers in one state will be allowed to install electric vehicle chargers on their power poles despite opposition to the proposal.

AAP

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'Very confusing' carbon neutral energy claims on notice

Energy companies still slapping 'carbon neutral' on their power plans paired with emissions offsets have been urged to reassess their language.

AAP

Why 2026 could be the year cars drive down power prices

With three energy companies committed to trials and more automakers willing to back them, using your electric car as a battery should be possible soon.

AAP

AGL chair defends big payment to injured predecessor

AGL chairman Miles George says his predecessor Patricia McKenzie suffered serious injuries during a 2023 site visit, but has declined to give further details.

AAP

Wanted: 100 electric car drivers for energy-saving test

Would you plug your car into the national grid for money off your electricity bill? A growing number of energy providers would like to know.

AAP

Pricey bills to carry clear alerts for cheaper plans

Households and small businesses will be warned if they are paying more than necessary under a reform designed to encourage more people switch plans.

AAP

Energy retailer profits slump, looks to renewables

An electricity and gas retailer has seen a mammoth hit to its profits after a drop in energy prices as the company turns its focus towards renewables.

AAP

Driving change: philanthropy's role in climate battle

A report has quantified the economic impacts of climate philanthropy for the first time, highlighting the potential future benefits.

AAP

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AAP

Power giant charged over 'unsafe' lead levels

Criminal charges have been laid against energy giant AGL after five workers at a power station allegedly recorded elevated blood lead levels.

The Guardian - AU

Energy giant AGL disputes $25m fine for wrongly taking welfare money from hundreds as ‘excessive’

Exclusive: Court documents obtained by Guardian Australia show appeal argues judge was wrong to decide penalty was needed to ‘provoke’ leadership attention

AAP

Aussie shares hit record as CBA beats expectations

The ASX200 has finished up 0.6 per cent to close at its highest level after CBA, Suncorp and AGL all beat earnings forecasts.

AAP

AGL slams nuclear option, doubles down on big batteries

Australia's biggest emitter AGL Energy will build "a whole range of assets", but not nuclear reactors, to support the closure of 50-year-old coal power plants.

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The Guardian - AU

‘Someone senior’ should be held accountable after AGL handed record $25m fine, Shorten says

Government services minister says case is ‘very significant victory’ for the regulator, which brought the case against the energy company

AAP

AGL weighs appeal of 'significant' $25m court penalty

An energy retailer is deciding whether to appeal a record court-imposed penalty in a case brought by the regulator for overcharging customers on welfare.

AAP

Risky business: energy experts slam 'always on' nuclear

Clean energy experts say building nuclear reactors is a costly and unviable pathway for Australia's electricity supply that would push power bills even higher.

The Guardian - AU

AGL kept taking money from welfare recipients via Centrepay years after promising to stop, court hears

Energy giant executive admits in court company was ‘absolutely wrong’ not to compensate ex-customers it took money from

The Conversation

Raygun’s claim against a parody musical may not stand up: here’s what the law says

Rachel Gunn, aka Raygun, is no stranger to controversy. In August the university lecturer went viral for her quirky, marsupial-inspired breakdancing at the Olympics.

The Guardian - AU

Predatory rent-to-buy operators barred from Centrepay debit system in sweeping Albanese government reforms

Exclusive: ‘High-risk services’ will be removed, including companies providing consumer leases and household goods

Newcastle Herald

Earthquakes and nuclear reactors don't mix, Coalition concedes

Coalition to weigh up Hunter earthquake risk in nuclear plan.

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