| Good afternoon, Demand for batteries will soar from July 1 under a Labor scheme. The uptake will be a boost for the country’s energy transition but could also uproot the business model of traditional retailers. The patriarch of one of Australia’s largest family owned vineyards is doing the unthinkable, and ripping out 40-year-old vines as wine consumption slides. Retirement living group GemLife has upsized the value of its initial public offering at the weekend to $750m from $700m as it gets set to list with a market value of about $1.57bn. | 