Star Entertainment will live to fight another day.
After a four-week kerfuffle, Star’s lenders coughed up another $100 million to get through a near-term liquidity crunch, and Queensland came to the rescue with tax relief. Binding documents were flying around on Wednesday afternoon.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com