News Wrap

IN THIS morning’s News Wrap: $1m power station yields $62m dividend; Australian coal exports face 'perfect storm' as China restrictions hit; and top business exec Broomhead warns virus recovery may slow green shift.

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$1m power station yields $62m dividend.

$1m power station yields $62m dividend

Power barons Trevor St Baker and Brian Flannery have reaped a bumper $62 million dividend from the NSW coal plant they bought for $1 million, double last year's