Afternoon Update: Woodside scraps clean energy targets; Sydney property developer collapses; and Japan’s moving castle

Want to get this in your inbox every weekday? Sign up for the Afternoon Update here, and start your day with our Morning Mail newsletter.Good afternoon.Woodside Energy, Australia’s biggest oil and gas company, has scrapped its long-term emissions and clean energy targets, even after enjoying a period of windfall oil profits caused by the war on Iran.
As Jonathan Barrett reports, the energy giant is doubling down on fossil fuels after recording a 27% increase in sales profit to $1.67bn ($A2.33bn) in the six-month reporting period, and is expecting even more financial gains by redirecting barrels of oil to markets willing to pay premium prices.Scots College trio who allegedly sexually assaulted teen girl have faced ‘repercussions’, judge says‘Petty grievances’ and an alleged troublemaker: unsealed Murdoch court documents give rare glimpse into bitter succession battleMajor Sydney property developer collapses after ‘perfect storm’, leaving buyers in limboSydney shark attack survivor describes moment she came to face-to-face with ‘monster’Ralph Carr, entertainment industry and AFL figure, sentenced to six years for ‘predatory’ rape of ex-staffereHarmony deceived Australian customers with ‘subscription traps’ that cost hundreds of dollars, court finds Continue reading...