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There has been a 20 per cent jump in Australian children growing up in rental households this century, with this group facing an average of six moves by aged 14, according to a new research paper.

The state's premier says it is a "good win" for his state, which owns much of its own electricity infrastructure, while the federal government had previously demanded states use renewables as a standard. 

Accounting firm KPMG says it is facing the consequences of its "past failings" as it is dropped by Macquarie Group.