The industry super giant is the first to move on what Paul Keating says will be a trend of funds using market power to seek influence on issues like energy transition.
Andrew Forrest has hired former APA Group boss Rob Wheals to lead Squadron Energy which is building wind farms and gas plants across the eastern states.
Residents in crumbling apartment blocks on the north shore are being targeted with warnings of disaster unless they sell - so the buildings can be redeveloped.