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The Australian
 

Good afternoon,

Climate Change and Energy Minister Chris Bowen has been dealt a blow by the Federal Court after it ruled he was wrong to reject a licence application for an offshore wind-powered electricity generation project. 

Meanwhile, Mineral Resources is under pressure from joint venture partner Albemarle to wind down production at the Wodgina lithium operations in WA as it grapples with the scandal surrounding managing director Chris Ellison.

And The Australian's Cliona O'Dowd looks at an AFCA ruling against HSBC bank in which it was ordered to reimburse a scam victim, and poses the question: Will the precedent last?


Perry Williams
Business editor
The markets


Commentary
Trump’s won a mandate to do what he likes
By JOHN DURIE
Columnist
His first election was written off by the establishment as a fluke but this week’s result shows a majority of American voters consider Donald Trump as their beacon of light.
Latest news
Labor red-faced as developer wins offshore wind power legal battle
Chris Bowen was wrong to reject an application from Flotation Energy and must now reconsider, a Federal Court has ruled in an embarrassing decision for the Albanese government.
By COLIN PACKHAM
Pointsbet shares surge on talk of overseas-based takeover offer
Australian betting company Pointsbet could be in play for more than $300m, and sources say a deal with a potential merger partner or takeover bidder is imminent.
By JOHN STENSHOLT
News Corp’s ‘robust’ start to financial year
Revenue of $US2.58bn – up three per cent year-on-year – was the highest first quarter result for News Corp in over a decade, driven by growth in digital real estate services, book publishing and Dow Jones segments.
By JAMES MADDEN
Listen, learn and lead: how HP boss plays the shots in real life
Losing his dad in a car accident when he was 21 taught HP’s local chief, Brad Pulford, the value of ‘servant leadership’, which in an AI-driven world is now being demanded by workers.
By DAMON KITNEY
Optus slugged $12m for triple-0 failures
Optus has been hit with a $12m penalty for failing to connect more than 2000 people to ­emergency services during a national outage.
By JOSEPH LAM

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