An energy review recommends overturning a ban on lines companies selling electricity, introduced due to fears they would abuse their market power.

The Government has afforded itself ample wriggle room in international negotiations on carbon-dioxide emissions.

The Government has set a greenhouse gas emissions reduction target of between 10 per cent and 20 per cent below 1990 levels by 2020.

Petrol and diesel prices have gone up by five cents a litre at the four major petrol stations.

The International Energy Agency's chief economist says global oil production is likely to peak in 10 years' time.