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EnergyAustralia earnings falls in first half

POWER retailer EnergyAustralia has taken a hit the first half of this year, with EBITDA down 20% to A$252 million in the wake of lower energy prices and the COVID-19 pandemic.

Mark Tilly
COVID-19 and lower demand to blame

COVID-19 and lower demand to blame

  Price re-regulation, intense competition for retail customers and lower wholesale power prices had the largest bearing on financial performance, the company said, while the company's corporate tax...

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