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The Latest Breaking News from AGL

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

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.

AAP

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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

The Guardian - AU

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.

AAP

‘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

The Guardian - AU

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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.

AAP

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 Guardian - AU

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 Conversation

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

The Guardian - AU

Earthquakes and nuclear reactors don't mix, Coalition concedes

Coalition to weigh up Hunter earthquake risk in nuclear plan.

Newcastle Herald

800 extra workers needed for power station maintenance program

Eighty five day maintenance program underway at Bayswater.

Newcastle Herald

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The Guardian - AU

Regulator may take action against three energy retailers over alleged misuse of Centrepay system

Australian Energy Regulator weighs up enforcement options against AGL, Origin and Ergon Energy after landmark court win

The Guardian - AU

AGL breached rules 16,000 times in wrongly taking welfare money from hundreds of people, court rules

Landmark federal court judgment could trigger proceedings against three other energy retailers

AAP

AGL overcharged customers after services were stopped

A Federal Court judge has ruled against energy provider AGL, finding it contravened national rules by overcharging customers.

International Business Times

Cannon-Brookes: Australia's Billionaire Climate Warrior

Tech billionaire Mike Cannon-Brookes once joked he could not tell the difference between an AA battery in his kids' toys and the gigantic lithium-ion units powering today's green energy revolution.

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AAP

Transition 'well under way' as AGL rejects nuclear push

Energy giant AGL has posted a stellar profit on higher power prices, taking the lead in the transition and dismissing nuclear as too costly and too late.

Newcastle Herald

Hunter solar panel manufacturing plans still alive despite job losses

Liddell solar manufacturing plans still alive.

The Guardian - AU

Media exposure has forced the government’s hand on Centrepay. The contrast with robodebt could not be more stark

The Centrepay revelations should shock Australians – but not the government, after years of complaints about financial exploitation

The Guardian - AU

Consumer watchdog urges crackdown on businesses using Centrepay to cause financial harm

It is alleged energy companies deducted money from welfare payments of people, including Indigenous Australians, who were no longer customers

Newcastle Herald

'In the national interest': Dutton spruiks nuclear vision in Muswellbrook

Peter Dutton and Barnaby Joyce sell nuclear in Muswellbrook.

The Guardian - AU

Corporate regulator urges crackdown on Centrepay after more than 40% of businesses found to be non-compliant

Asic alarmed at commonwealth finding that almost half of companies investigated failed to follow standards

Newcastle Herald

Liddell green hydrogen hope still alive despite Fortescue exit

Liddell green hydrogen vision still alive despite setback.

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