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Good afternoon,

Demand for batteries will soar from July 1 under a Labor scheme. The uptake will be a boost for the country’s energy transition but could also uproot the business model of traditional retailers.

The patriarch of one of Australia’s largest family owned vineyards is doing the unthinkable, and ripping out 40-year-old vines as wine consumption slides.

Retirement living group GemLife has upsized the value of its initial public offering at the weekend to $750m from $700m as it gets set to list with a market value of about $1.57bn.
Vesna Poljak
Business Editor
Commentary
Listen up, Rio Tinto is telling the truth on renewables
By ROBERT GOTTLIEBSEN
Business Columnist
It is a national tragedy the election debate got sidetracked with nuclear when the high cost of energy was replaced by slogans saying renewables are cheap, which was simply not tru...
Latest news
Customers’ wrath unleashed on HESTA after long shutdown
Industry fund HESTA has switched on its new administrator and immediately copped the ire of customers who were locked out for seven weeks and now find themselves in hours-long phone queues.
By CLIONA O’DOWD
Private equity bites on the menu for CFS in private markets rush
One of the best investments in the 20 years is buying and selling domestically focused US companies which are likely to be ‘far less exposed to the impacts of tariffs’.
By CLIONA O’DOWD
Why the future of flying is long and narrow
Flying long haul in economy can be a trial at the best of times, but more airlines now want passengers to do it in single-aisle aircraft due to the lower costs involved.
By ROBYN IRONSIDE

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