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Solomon Lew's Premier Investments has lost a swath of key executives from the apparel division it is considering selling to Myer. 

Meanwhile, Opposition energy spokesman Ted O’Brien has backed calls for incentives to local communities earmarked to host nuclear power plants, but stopped short of supporting the free household power bills suggested by Ryan Stokes.

And Australia’s major accounting firms are raking in tens of millions of dollars in remuneration fees amid a surge in insolvencies as rising costs, dwindling revenue and a crackdown on unpaid tax push businesses into financial strife.