AEMO report casts limited light on South Australia power outage and other top stories.

• AEMO report casts limited light on South Australia power outage

  

  It could take as long as six months before a detailed report into South Australia's prolonged blackout is completed. Both sides of the renewables debate staked their claim after a preliminary report pointed to a "cascading series of events" due to the extreme weather for causing widespread blackouts, which will take until next week to resolve.In a preliminary report Wednesday by the operator of the national electricity market, the Australian Energy Markets Operator pointed to serial problems wh..

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• News Corp Australia buys racing publisher punters.com.au

  

  News Corp Australia has acquired digital racing publisher punters.com.au for an undisclosed sum. punters-com. According to News Corp, Punters.com.au averages a monthly audience “of more than 375,000”. Founded in 2008 as a blog, Punters.com.au now ...

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• Markets Live: Gold shares smashed

  

  That's all for today - thanks for reading this blog and posting your comments. We'll be back at the usual time tomorrow, around 9am. Have a good evening. Chicago Federal Reserve Bank president Charles Evans would be "fine" with raising US interest rates by year's end if economic data continued to come in firm, though any further moves would need to see inflation accelerating. "I have a forecast where things continue to improve. I do think there will be a rate increase," Evans said after a spee..

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• Bank account portability supported by ANZ's Shayne Elliott

  

  Shane Elliott, CEO of ANZ, appeared before the House of Representatives standing committee on economic's Review of Australia's Four Major Banks at Parliament House in Canberra on Wednesday. Andrew Meares ANZ Banking Group chief executive Shayne Elliott said he would support a new regime to allow customers to move their account numbers between banks and require banks to provide transaction data to rivals to boost competition in the industry. Pri..

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• FIRB boss shelves controversial plans to take advisory role at private equity company

  

  FIRB boss shelves controversial plans to take advisory role at private equity company Posted October 05, 2016 18:06:11 Foreign Investment Review Board chairman Brian Wilson has shelved controversial plans to take an advisory role with a global private equity company to avoid a perceived conflict of interest.In a statement released this afternoon, Mr Wilson said he would suspend his proposed role with the Carlyle Group "to ensure there can be no question as to the inte..

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Samsung, Woolworths partner to deliver grocery ordering from a 'smart fridge' .	Queensland 'asteroid' sparks concerns over near earth asteroid monitoring .
The worlds carbon stores are going up in smoke with vanishing wilderness .	Astronomers Solve Mystery Of Enormous Space Blob .