“It’s in their [The Telco’s] interest to just flick people to the low speed plans as the lower access charge makes a higher margin for them” Nicholas Demos, CEO, MyRepublic. Below are quotes from the week which in our view detail some of the most important and prominent industry trends... Show More
AGL Energy has posted a better than expected full year underlying profit of $802m - a 14.4% increase on the prior year. The result was boosted by solid demand, better base prices for wholesale electricity & higher margins. Show More
A rise in electricity prices has been the main driver of AGL's share price with the 'forward curve' for electricity prices rising 30% or more in recent months for most Australian states. This has been driven by expectations of a tight market for electricity as Hazelwood power station is closed. Show More
AGL Energy (AGL) has reported a statutory profit after tax of $325 million for the six months to December 31, a turnaround of $774 million from the prior period https://youtu.be/8W8dETqDXIQ For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More