Good morning, The key takeaways from Macquarie Group’s latest Green Energy Conference – which was headlined by the chief executives of Origin Energy and Santos – were the ever-present risks of a poorly managed transition. Macquarie CEO Shemara Wikramanayake, who moderated the discussion, said consumers didn’t fully grasp the increased energy cost and reliability challenges that lay ahead. WiseTech co-founder and director Maree Isaacs has unexpectedly sold her stake in the troubled logistics software titan to Richard White as the company reels from the fallout of a raft of allegations, including that he exchanged business advice for sex. Fugitive developer Jean Nassif’s planned high-rise precinct opposite a metro station in Sydney’s Hills District has crumbled, with the site that cost more than $300m to assemble now on the block. |