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Not in good shape : more construction industry collapses could follow Probuild | Australia news

The tech billionaire trying to buy Australia s dirtiest energy

Billionaire entrepreneur Mike Cannon-Brookes believes that backing renewable energy over old coal power plants would keep electricity prices down, create jobs and slash emissions, but is he right? <strong>What exactly is being proposed?</strong> It is, by any measure, an extraordinary intervention in Australia’s rapidly evolving electricity market. A consortium worth hundreds of billions of dollars on Saturday lodged a formal offer to buy AGL Energy the country’s biggest greenhouse gas emitter for just short of 5 percent above the closing share price on Friday. The headline name behind the bid is Mike Cannon-Brookes, 42-year-old cofounder of software company Atlassian, green

Sydney Airport gets shareholders approval for $17bn buyout

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