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The future of a major NSW coal power station, Vales Point, faces fresh uncertainty after owner Delta Electricity's hopes to guarantee financing into 2025 was scuppered by opposition from rival coal operator AGL Energy.  

Meanwhile Cbus chairman Wayne Swan has apologised ‘unreservedly’ for the excessive delay of millions of dollars in payments to grieving families and disabled people in an extraordinary address to the $94bn superannuation giant’s annual meeting, ahead of his grilling by a parliamentary committee today.

And former health minister Greg Hunt-backed biotech HaemaLogiX is preparing an ASX listing next year as it seeks inroads into the $36bn global market for treating blood cancer multiple myeloma.