South Australia – Page 3 – Michmutters
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Manase Fainu: NRL rising star guilty of church stabbing

NRL rising star Manase Fainu has been found guilty of stabbing a church youth leader during a violent and bloody brawl outside a Mormon church dance.

Fainu, 24, pleaded not guilty to plunging a steak knife into the back of Faamanu Levi at the Church of Jesus Christ of Latter-day Saints at Wattle Grove in southwestern Sydney on the evening of October 25, 2019.

But it only took the jury a few hours to find him guilty of one count of wounding a person with intent to cause grievous bodily harm and is facing a maximum of 25 years in prison.

The jury accepted the Crown prosecution’s argument that Fainu stabbed Mr Levi in ​​the back near his shoulder blade and cut him above his right eye during a brawl also involving four of his mates and another group of men.

Mr Fainu will remain on bail until at least Monday when it will be decided whether he will be taken into custody.

He is required to remain living with his parents and report to police on a daily basis over the weekend.

Defense barrister Margaret Cunneen SC said Mr Fainu was surrounded by a “God-fearing community who will all be devastated by this verdict”.

She asked for his bail to be extended with “stringent” conditions until he is sentenced, adding there was no danger to the community and noting he had no history of violence or criminal record.

“There is absolutely no danger to the community whatsoever. This is extraordinary in the context of his otherwise blameless life of him, ”she said.

One eyewitness, Tony Quach, told the court that he had seen Mr Fainu, who had his arm in a sling at the time, stab Mr Levi, puncturing his lungs and causing internal bleeding.

It was not an issue during the trial that Fainu had his arm in a sling after undergoing shoulder surgery a month earlier or that he was in the carpark.

But he denied playing any part in the stabbing or the brawl, claiming it was a case of mistaken identity.

Fainu claimed he was about 10m away and began back-pedaling because he feared for his safety when he heard someone yell “knife, knife”.

But Mr Quach told the court he saw Fainu stab his friend Mr Levi and was able to identify him by his distinctive sling.

During his evidence, Mr Quach said Fainu had not started the fight but “he ended it”.

“I saw the knife plunged into Levi’s back,” Mr Quach said.

“Who did you see plunge the knife into Levi’s back?” Crown prosecutor Emma Curran asked.

“The accused,” Mr Quach said, adding he saw Fainu with one arm in a sling and holding a knife in his other hand, with his arm bent at a 90-degree angle.

Mr Quach described Fainu as having an angry look on his face.

The court was told that earlier in the evening, two of Fainu’s friends – including Uona “Big Buck” Faingaa – were involved in an altercation on the church hall dance floor and were escorted out.

Fainu said he went to the church dance with four of his friends because Mr Faingaa was seeking to collect money owed to him by a man for a concreting job.

The Manly Sea Eagles hooker said he left the church grounds as his mates were being escorted out and apologized to a security guard for his friends’ behavior as he exited.

Ms Curran said another man, Kupi Toilalo, said he saw a man approach him and his friends during the incident with his left arm in a sling holding a knife.

“When Kupi saw this, he was at arm’s length away from the person holding the knife, nothing obstructing his view,” Ms Curran said.

CCTV played during the trial showed Fainu jumping the fence from a Coles carpark back into the church grounds shortly before the brawl.

He said he jumped the fence despite admitting that he could have walked back in via the front gate.

“Manase Fainu jumped over a fence into the grounds of the church, he was with four of his friends and the group of them approached Mr Levi and his friends,” Ms Curran said during her closing submissions.

“A brawl broke out and when things looked like they were getting out of hand, Mr Fainu pulled out a knife and plunged it into the back of Mr Levi, causing a wound that punctured his lung and caused internal bleeding.”

Fainu will be sentenced at a later date.

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Sports

Port Adelaide chairman David Koch slammed for comments on Ken Hinkley coaching future

Port Adelaide chairman David Koch has been slammed by AFL journalist Caroline Wilson and former coach Ross Lyon for bending to the will of the club’s fan base.

The Power have had a shocker of a season, the worst under Ken Hinkley’s tenure, leading to calls for the coach’s head.

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Certain supporters even plastered a “sack Hinkley” poster over a sign near the club’s headquarters last week.

Port Adelaide has just eight wins from 20 matches and sits 12th on the AFL ladder with two rounds remaining.

But while many footy pundits expect Hinkley to still be in charge at Port in 2023, Koch sparked a furore when he appeared to deliver a warning for his coach.

“Obviously this year will be the worst finish that we’ve had in the last 10 years and something’s got to change. We’ve got to get better. We’ve got to make some hard decisions,” Koch told FIVEaa on Monday.

“It’s not just about one individual person, it’s the whole program. Turn it around or watch out.

“Every single person’s role will be assessed at the end of the year, as we do each year.”

Speaking on Channel 9’s Footy Classified on Wednesday night, Wilson said Koch’s comments didn’t sit well with everyone at the Power and he will address them this week.

“I gather there will be some comments made regarding what he said on Monday night, comments that really inflamed the football club and really put Ken Hinkley under enormous pressure,” she said.

“I don’t think I know of another footy club in the AFL who is so beholden to their supporters as Port Adelaide.

“What this has done is forced some pretty robust conversations with the chairman and some of his senior people. I think hopefully, for Ken Hinkley’s sake, his job will be guaranteed tomorrow (Thursday) night.

“Until that happens, I’m still not convinced GWS, if they miss out on Alastair Clarkson, they won’t make a late play for Ken Hinkley.

“I should also mention Chris Davies, who is the head of footy at Port Adelaide, and a big Ken Hinkley supporter and has put this program together, North (Melbourne) have had a crack at him. They’re not the only club.

“I don’t think Chris Davies will go anywhere as long as Ken Hinkley stays at Port Adelaide. But what an environment to be going into next year.”

Ex-Fremantle and St Kilda coach Lyon said Koch’s comments threatened to divide the club in an attempt to appease outspoken fans.

“I think everyone in the AFL now talks about connection, harmony, environment,” Lyon told Footy Classified. “And David, for the sake of a sugar hit for his supporter base, to make them feel better that we’re ruthless and we’ll turn them over, the damage to the people that work there, grind their way through an AFL season , it’s disappointing.

“It comes from the top. It’s symbolic of how you feel about the people working for you.”

Essendon legend Matthew Lloyd said although it was not the ideal way to share the message, he agreed with Koch’s sentiment.

“He may not have said that publicly, but I agree with everything he said,” Lloyd said.

“Even if Ken Hinkley stays, what he (Koch) said there, it may have to look at the support staff, recruiting.”

But Lyon argued: “That should be a given you do that every year.

“You don’t need to sugar hit the door publicly and insult your people. He’s injured staff that have committed and for a long period of time have gone close. Not necessary.”

Koch was also slammed earlier in the week by Port Adelaide great Kane Cornes.

“Either make a call or back him (Hinkley) in … ‘turn it around or watch out’, what a ridiculous thing to say,” Cornes told SEN on Tuesday.

“The thing that David Koch needs to do is make a call, is he your coach or is he not your coach?

“And if he’s not your coach, you have to tell him now so that he has the opportunity and you give him the respect to go and find another job.

“There are two vacant coaching jobs right now that Ken Hinkley would absolutely be in the mix for it, but he can’t be in the mix for it if he thinks he’s going to be coaching Port Adelaide next year.

“Conversely, if he is your guy and you’ve contracted him for next year, which they have, back him in now. There’s nothing to be learned in the next two weeks that you don’t already know and you haven’t already discovered in the last 10 weeks.

“It was a stupid thing to say, it sent the media into a spin and it now has everyone questioning if Ken Hinkley will be there next year.”

Read related topics:Adelaide

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Sports

Essendon Bombers, Gold Coast Suns

Essendon captain Dyson Heppell doesn’t “owe” Essendon anything and the club wouldn’t begrudge him joining Gold Coast next season, according to Bombers coach Ben Rutten.

The Suns have reportedly tabled a four-year deal to the out-of-contract defender, comprising two years as a player and two as an assistant coach.

But Essendon have also offered Heppell a new contract, believed to be far inferior to the Suns’ deal, and Rutten said the Bombers weren’t putting a timeline on when they needed Heppell to make a decision on his future.

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“He is really clear on where he stands with us and we’d love to have him around next year. He knows that,” Rutten said at Tullamarine on Wednesday.

“He’s been a great servant for our footy club, he doesn’t owe us anything, so we’ll be really supportive of Dyson and all of our players whatever decisions they make.”

While Rutten said there would be “something special” about seeing Heppell finish his career as a one-club player, he tempered that by saying it wasn’t “the be all and end all” in the modern era – a view backed up by the likes of Hawthorn premiership heroes Luke Hodge, Sam Mitchell and Jordan Lewis all finishing their glittering careers at other clubs.

Dyson Heppell competes with Sam Durham at training. Picture: Darrian TraynorSource: Getty Images

Meanwhile, veteran defender Michael Hurley won’t play against Port Adelaide on Sunday evening despite continuing to make progress after overcoming a nasty hip infection that has sidelined him for the past two seasons.

He has now played four VFL games, and while he might be a chance to play Richmond in the final round, Rutten still couldn’t guarantee that or whether Hurley would be offered a new contract for next year.

“It’s something we are thinking through, the dynamics of that, there’s still some uncertainty around ‘Hurls’ moving forward,” Rutten said.

“We haven’t made a decision on what we’re doing there but there’s plenty of options for us.”

“All time Swans great” Emotional goodbye | 03:24

Rutten admitted the uncertainty surrounding Hurley’s playing future could affect his prospects of playing against the Tigers next week.

“There’s a fair bit to weigh up from our end, from Hurls’ end, which we’re talking through all the time,” Rutten said.

“He understands the rigors of AFL footy and the demands that you have to be up for.

“At the moment, he’s getting through a game and a half a training session – that’s not sustainable for him, or for anyone, to play a full season of footy.

“I think he’s still got the passion to play and the desire, (but) marrying that up with the physical part of it is the bit he and we are working through at the moment.”

One factor that might earn Hurley a new contract is Essendon being light on for experienced players.

Feet rebound from cap scandal | 02:10

There are only three players aged 30 or older at the Bombers this year – Hurley, Heppell and ruckman Andrew Phillips.

“They’re certainly the things that we’re considering, that’s all part of the bigger picture for us,” he said.

“It’s important that we best support our less experienced players through the early parts of their career.

“In his time out, he’s spent a lot of time with our younger key position players in particular, and he’s now loving playing with them and they’re loving playing with him.”

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Australia

Teacher Ammy Singleton has child grooming charges dropped at South Australian court

A female South Australian relief teacher accused of grooming a boy for sex has had the case against her dropped.

Ammy Singleton, 28, was charged with communicating to make a child amenable to sexual activity in Port Augusta last year.

But at Port Augusta Magistrates Court on Wednesday, the court was told the complainant did not wish to proceed with the case, The Advertiser reports.

Ms Singleton did not comment to media as she left the courtroom.

The offending was alleged to have occurred against a 16-year-old male between November 1 and 30, 2021.

Her lawyer Alexander Hosking had previously told the court the alleged victim had come into contact with his client through a chat room.

The court was also told the allegations had nothing to do with Ms Singleton’s job as a teacher.

Ms Singleton, who worked as a relief teacher at multiple schools in the Port Augusta area, was arrested and charged in December.

Two schools sent letters to parents confirming she had briefly worked at the campuses but stressed the charges did not involve any students at the school and there was “no need” for any concern.

Ms Singleton’s teaching registration was canceled in March this year.

Under South Australian law, the offense of communicating with a child with intent to procure for a sexual activity carries a maximum penalty of 10 years’ jail.

Earlier this year, Ms Singleton’s mother claimed her daughter was dragged into a “teen love triangle” after receiving a Snapchat message.

She said Ms Singleton did not even know the youth in question, voicing concern that her daughter would struggle to repay her student loans.

“She will never have a life again, and she’s never done a bad thing to anyone but she’s guilty until proven innocent,” she said at the time.

“She’ll have her day in court, but she will never get her life back and neither will we.”

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Business

Suburbs struggling the most amid RBA’s interest rate hikes revealed

An estimated one in five mortgage holders – or 551,000 Australians – will struggle to pay back their mortgage if interest rates continue to rise as expected.

Comparison site Finder found a whopping 20 per cent of mortgage holders will be in serious mortgage distress if their home loan interest payments increase by three per cent. Home loans have already increased by 1.75 per cent since May.

It comes as separate data from S&P Global revealed which suburbs in Australia are most at risk of defaulting on their home loans.

The Northern Territory came out as the worst state, with the highest percentage of mortgage holders more than 30 days behind on payments.

A fringe suburb in Perth topped the list in terms of debt overdue to the bank, while Sydney, Melbourne, Adelaide as well as some regional areas also received a poor rating.

Of even more concern was that the research was conducted before the Reserve Bank of Australia (RBA) starting increasing the cash rate, meaning these areas will be even more at risk of defaulting on their loans now.

For four consecutive months the RBA has hiked interest rates. Last week, after its August meeting, the central bank brought up the cash rate to 1.85 per cent.

The cash rate has already risen by 1.75 percentage points since May, following two years of interest rates sitting at a record low of 0.1 per cent.

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According to S&P Global, rising mortgage repayments have hit suburbs on the fringes of big cities the hardest.

Their research measured the weighted average of arrears more than 30 days past due on residential mortgage loans in publicly and privately rated Australian transactions.

The Perth suburb of Maddington, 20km from the city centre, topped the list of “Worst performing postcodes” in the report.

As of early April, 4.67 per cent of homeowners in Maddington are in arrears.

That was closely followed by Dolls Point, located in southern Sydney.

Of the mortgaged houses in that NSW suburb, 4.33 per cent are behind on payments.

In third place was another WA postcode, Byford, in Perth’s southeastern edge, with an arrears percentage of 4.16 per cent.

Western Australia had one more suburb on the list – Ballidu in the Central Midlands – while NSW had a total of four.

Bankstown and Castlereagh, from Sydney’s west and southwest, were also experiencing substantial pressure. Katoomba from the Blue Mountains, south of Sydney, also earned a spot in the report.

Victoria, Queensland and South Australia each had one suburb on the list – Broadmeadows in Melbourne’s north, Barkly in Queensland’s Mout Isa region and Hackham, an outer suburb of Adelaide.

A breakdown of each state showed that the Northern Territory was the most behind in its mortgage repayments, at a rate of 1.75 per cent.

Western Australia came in at 1.40 per cent, as of April this year, before interest rates started to be hiked.

Victoria received a score of 0.87 per cent while 0.85 per cent of NSW mortgage holders were also in mortgage arrears.

The ACT fared the best, with an arrears rate of only 0.33 per cent.

Overall, the national average was 0.71 per cent for Australia’s arrears rate, as of April.

“The swift pace of interest rate rises will create debt-serviceability pressures for households with less liquidity buffers and higher leverage,” the report noted, forecasting that sometime in the third quarter of this year a higher arrears rate would show up in new monthly date .

Finder also released a damning statistic about the state of Australia’s home loan debt.

A recent survey conducted last month concluded that more than half a million homeowners would be “on the brink” if interest rates rose by three per cent.

Of those, 145,000 Australis said they would consider selling their home if rates jumped because they would “struggle a lot” to repay them. That represents about five per cent of Australia’s mortgage holders.

The survey also found that 14 per cent of admitted respondents they might fall behind on their repayments or other bills.

Nearly half (48 per cent) would be able to manage, but would have to cut down on their spending, according to Finder.

Only a quarter of participants said a rate rise would not change their lifestyle or spending habits at all.

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Sports

Brodie Grundy Melbourne meeting, Collingwood contract, Cameron Zurhaar Essendon, Dyson Heppell Gold Coast

Brodie Grundy’s link to the Dees has strengthened after three key Melbourne figures met with the Pies ruck.

Plus while Essendon remains in negotiations with its skipper, it’s flagged preliminary interest in a North forward.

Get the latest player movement news and updates in AFL Trade Whispers!

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KEY DEES TRIO MEET WITH PIES STAR

Not only is Melbourne interested in Brodie Grundy, the club has met with the star ruckman, according to Sportsday reporter Sam McClure.

the Herald Sun reported on Tuesday night that the Demons, as well as Geelong, had emerged as “potential new suitors” for Grundy, who’s now central to ample trade speculation despite being contracted to the Pies until the end of 2027 on a deal reportedly worth around $1 million per season.

Giants football boss Jason McCartney was seen meeting Grundy’s manager last month, while Port Adelaide has also been linked to the dual All-Australian.

Speaking on 3AW’s sports day on Tuesday night, McClure said the Dees had been proactive and met with Grundy “in recent days”.

“Simon Goodwin was definitely there, Alan Richardson was definitely there and Max Gawn was definitely there,” McClure told 3AW.

Jamie Elliot signs with Feet until 2025 | 00:37

“Clearly Melbourne are of the belief that Luke Jackson is going to Fremantle, so they are on the lookout early and are getting in early in the queue for a direct replacement.”

While Jackson appears increasingly likely to request a trade to Fremantle, the Demons are keen to continue with a two-ruck strategy — and pairing Gawn and Grundy would bring together two of the AFL’s premier ruckmen in the past decade.

Collingwood coach Craig McRae declared on Fox Footy’s AFL 360 last month he wanted Grundy at the club next season, but remained tight-lipped on whether he was up for trade.

Grundy, who hasn’t played an AFL game since Anzac Day due to a knee issue, had been nearing a return to the AFL before suffering a stress fracture in his ankle in a VFL match, ruling him out for the rest of the home and away season.

BOMBERS EYE OFF-CONTRACT ROO

Gun Kangaroos goalkicker Cameron Zurhaar has received “preliminary” interest from Essendon, SEN reports.

Zurhaar, who’s been one of the Kangaroos’ most important forward 50 players over the past four seasons, in May put off contract talks, with his manager Anthony McConville telling the Herald Sun the timing was “not right to have fruitful discussions”.

That call to park negotiations, though, came before North parted ways with senior coach David Noble. And Zurhaar has been in excellent form under caretaker coach Leigh Adams, booting 13 goals from his past four games — including four from 18 disposals and seven marks against Essendon in Round 20 — to take his season tally to a career-high 32.

Bombers inflict more misery on Kangaroos | 01:11

SEN reported the Bombers had “some interest” in Zurhaar, but the Roos also had hope he would re-sign with them after a senior coach is appointed.

The report also suggested the Bombers are looking to acquire a big-bodied midfielder during the AFL exchange period.

Zurhaar, 24, has blossomed at North since being selected as a rookie in 2016.

He’s been among the top two leading goalkickers at the club for the past four straight years, including topping the table in 2020 with 18 majors from 16 games.

HEPPELL GRILLED OVER FRESH SUNS LINK

Essendon skipper Dyson Heppell has been quizzed about his playing future amid reports of a juicy Gold Coast offer.

As Heppell weighs up a one-year offer to stay at Essendon, the Suns have reportedly upped their offer to the veteran defender and are prepared to offer him a two-year deal with the potential of a coaching future at the club post-playing career. .

While no formal deal had been tabled yet, SEN reported on Tuesday the Suns were preparing a four-year offer that would likely entail two seasons as a player then two as an assistant coach.

Suns succumb to Hawks hot streak | 02:07

Speaking to TV reporters on Tuesday, Heppell said his manager and the Bombers were “working through” negotiations, adding he was hopeful “something will be sorted soon.”

Asked if he was torn on his decision, Heppell told reporters: “We’re working through that at the moment. I’m really just honing in on trying to finish off the year well with the Dons and see how we go from there.”

Asked if a longer term deal would be more appealing, Heppell said: “Who knows at the moment? Everything will get sorted ASAP. I’m just trying to lead the club as best as I possibly can.”

As an unrestricted free agent, Heppell could walk to another club without a trade being made.

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Business

Holden ZB Commodore brake booster recall

Holden has recalled almost 14,000 examples of the last car to wear the Commodore badge.

Sold to customers between 2017 and 2020, Holden’s ZB Commodore was a last roll of the dice from a brand clinging to life in Australia.

A recall notice for the European-sourced machine says the car’s brake booster may fail due to a manufacturing defect.

“If this occurs the stopping distance in the un-boosted condition would exceed the distance prescribed by the Australian Design Rule (ADR) 31/03,” the notice says.

“If the brake booster does not operate as intended, it could increase the risk of an accident causing serious injury or death to vehicle occupants and/or other road users.”

Holden finished assembly of locally-built VF Commodores in Elizabeth, South Australia in 2017. The German-built ZB Commodore took its place in showrooms until it was phased out when Holden decided to retire the Commodore name in December 2019.

Holden announced plans to end sales of all new cars in Australia weeks later in February 2020, before closing its local business at the end of that year.

The manufacturer still offers maintenance, repair and warranty work through a service network.

Models affected by the latest recall will receive a free software update that should address the issue.

More info: Holden Customer Care, 1800 46 465 336

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Sports

Port Adelaide Prison Bar jumper feud with Collingwood, teal stripes offer, David Koch vs Eddie McGuire

The ongoing Prison Bar jumper feud has taken a fresh twist, with Collingwood reportedly prepared to offer a teal-coloured alternative to Port Adelaide.

Power president David Koch was fuming earlier this month when he claimed he’d “been played” by the Magpies after the Power’s request to wear their heritage jumper, which features thin black and white stripes in a panel, was again knocked back by the Victorian club.

But the Herald Sun reported on Tuesday night the Pies were prepared to make a minor concession and allow the Power to wear their prison bar jumper once a season … if Port was happy for the white in the panels of the jumper to be replaced by teal stripes.

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Collingwood believes the compromise would allow Port to combine its proud SANFL heritage, which includes 36 SA league premierships, with its 25-year AFL history as teal has featured heavily in many Power jumpers since they entered the competition in 1997.

An agreement was put in place when Port Adelaide entered the AFL that the Prison Bar jumper could only be worn in AFL heritage rounds. But as there’s no longer one dedicated AFL-driven round by the AFL, the Power want to don their Prison Bar guernsey for one Showdown against the Crows per year – a request the Magpies have so far denied.

Connor Rozee wearing the Prison Bar strip at training in 2021. Picture: Dean MartinSource: News Corp Australia

“We always have discussions,” Magpies chief executive Mark Anderson told SEN last month, Port is a great football club and we do have great respect for them, so (we are) always happy to sit down and have a conversation and we have since signing that agreement as well,” he said.

“But as we stand here now, the agreement is the agreement.”

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Koch said earlier this month he was hopeful clubs could move “past these trivial arguments”, saying the club’s request was “logical, harming nobody and promoting the history of Australian football”.

“What we are asking for is entirely reasonable. To wear our iconic Prison Bar Guernsey in Showdowns to celebrate the heritage of Port Adelaide and South Australian football. Not against Collingwood, just two times a year, in Adelaide. I don’t see how it impacts anyone negatively at all,” he said.

Last year, the Power were threatened with the loss of premiership points if they wore the Prison Bar jumper against the AFL’s ruling for a Showdown.

Cheekily, the team waited until post-match to change out of their playing strip to don the heritage jumper.

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Sports

Ken Hinkley contract, David Koch comments, will he coach next year, Port Adelaide, Mark Robinson

AFL 360 co-host Mark Robinson believes Port Adelaide president David Koch “made an error of judgment” with recent comments about the club’s football department.

Koch told FIVEaa this week “every single person’s role” would be assessed at the end of the season, which has seen the Power drop out of finals contention after back-to-back preliminary final runs.

Senior coach Ken Hinkley is contracted until 2023, but a question mark remains over whether he’ll continue in the role, despite Hinkley himself at this stage still expecting to be there next year.

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Koch statement awkward for Hinkley? | 01:36

Koch’s comment, “turn it around or watch out”, drew criticism from Robinson.

“David Koch has been a tremendous president but he made an error of judgment in my opinion by saying what he said,” Robinson posed.

“I don’t think he gets football in the sense where if he knew this was going to be the fallout – that every media organization in Australia is going to be looking at it saying ‘are you going to get rid of him or not’ – that’s not how to treat a guy who has been there for 10 years.

“Just hold the horses a little bit. I think that’s been the fallout from this.”

Robinson labeled the comments “footy-naive”, but added they should not be misinterpreted as a call for prospective coaches to make their intentions known.

“What Koch said yesterday was not an open invitation for Alastair Clarkson’s people to ring the club,” he said.

“I know that’s been floating around … but that’s not my information.”

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Business

EnergyAustralia suffers a $1.6b loss due to ‘extreme’ market conditions

The electricity crisis caused EnergyAustralia to suffer a whopping $1.6 billion loss for the first half of the year as the company battled with “extreme” conditions in the market.

The Melbourne-based company, owned by Hong Kong’s CLP Group, also warned that household power bills would continue to face pressure due to ongoing volatility in global fuel prices.

The mega loss experienced by the third biggest energy retailer was in stark contrast to last year when it recorded a $146 million profit.

The chief executive of parent company CLP Group, Richard Lancaster, said it would be “proactive” in seeking out partnerships for EnergyAustralia to transition to low-carbon energy.

Six weeks before the loss was reported, the company had issued a profit warning to the market.

On Monday, it revealed its earning had taken a huge hit as it was forced to buy up expensive supplies to meet customer demand amid “unprecedented market volatility”.

Shortfalls in energy production from its Yallourn and Mount Piper coal plants was one of the main reasons it had to shell out more money for supplies.

Its Yallourn plant in particular was hit by delays due to a fire on a coal conveyancer system and recurring maintenance issues, according to CLP Group.

However, the outlook on pricing continued to be bad, according to the company.

“Volatility in spot prices in response to weather variations and changes in supply and demand looks set to continue amid the net-zero transition in Australia,” CLP Group said.

However, EnergyAustralia’s competitors, AGL Energy and Origin Energy, have also sounded the alarm about profits due to issues such as coal power outages and supply problems at some plants.

Mr Lancaster said while the last six months were not representative of the market in general, volatility was something to expect in Australia.

Last month, the credit agency Standard & Poor (S&P) warned EnergyAustralia could be at risk of breaching one of its loans and suggested it may need financial assistance from its parent company.

EnergyAustralia signed a $1 billion credit facility in July to provide a bigger financial buffer for its operations, with S&P giving it a negative outlook due to its weakening credit position.

In its half yearly report, EnergyAustralia said it would “continue to strengthen its capital structure to fund its current and future investment needs, providing the reliable supply needed to support customer demand and the transition to a lower-carbon power market”.

But other retailers going under – with a spate collapsing including Byron Bay community-owned electricity provider Enova, Victorian provider Electricityinabox, LPE, Discover, Elysian and Future X – was a win for EnergyAustralia, which saw its customer base leap to 2.45 million.

EnergyAustralia said it had plans in place for the rest of the year to ensure electricity supply.

“Additional short-term coal and gas purchases have been made to enable EnergyAustralia’s power stations to support customers and the broader energy market in the second half,” CLP said.

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