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Good afternoon,

Australia’s largest electricity and gas retailer says market rules must be urgently changed and action taken to address structural gas deficits in order to ensure the country’s grid remain reliable.

Brookfield is ringing the changes at the top of its embattled private hospital operator Healthscope, with a top restructuring expert taking the reins as its next chief executive.

Chemist Warehouse co-founder Mario Verrocchi has urged franchisees to ‘stick around’ for five more years under the newly-minted firm merged with Sigma as he plans for it be become the biggest thing in the country.

Perry Williams
Business editor
The markets


Commentary
Political sting to Orora’s shrinking glass plant
By ERIC JOHNSTON
Associate Editor
The packaging play was Canberra’s great manufacturing hope, but making it in Australia is not so easy.
Latest news
Northern Star hits ‘honey pot’ left behind by Newmont, Barrick
Northern Star will reap the rewards for fixing a problem global gold majors Barrick and Newmont put in the too hard basket.
By BRAD THOMPSON
Five horror scenarios: Investors, beware of the Greens in government
Should the Greens form government with Labor, the Adam Bandt-led party has policies which will transform business and almost certainly cause a big fall in the sharemarket.
By ROBERT GOTTLIEBSEN
IAG punished on premium slowdown
The insurer’s interim net profit jumped 90 per cent in the first half, but investors are more concerned about the premium outlook.
By CLIONA O’DOWD
Treasury Wine warns on profit as drinkers shun cheap wine
Drinkers are shunning cheap wine with Treasury Wine Estates posting a 50 per cent drop in interim earnings for its commercial wine arm and downgrading its group guidance for the year. Shares slump.
By ELI GREENBLAT
Apple TV+ finally comes to Android phones
Apple has finally released its streaming platform on rival Android devices, and is offering users a seven-day free trial amid pressure to open up its tightly-controlled systems.
By JARED LYNCH

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