Burning cash: Star’s future can be counted in months
New boss Steve McCann has his work cut out to come up with a deal to save the casino. But he is fast running out of options.
Companies
‘Think we’re stupid’: Major brand under fire
A popular Australian influencer has taken aim at a beauty retail giant, slamming the brand over its new ‘50 cent’ makeup claim.
ASX 200 mostly recovers from fall; Star, Lovisa hit
November retail sales undershoot expectations despite Black Friday boost. Casino group Star’s investors react to latest cash crisis. Rex board aware of ‘bewilderingly bad’ sales: ASIC. Arcadium lifts on US nod to Rio buyout.
Critical gas warning issued to four states
Australia’s southern states have been warned gas shortfalls are likely to continue in the winter months due to underlying issues with supply and diversity.
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Fresh rate cut hope in new inflation data
Australia’s all-important trimmed mean inflation rate continues to fall, renewing hope for an early rate cut, the national figures show.
Fresh hope for Aussies smashed by rates
Australia’s all-important trimmed mean inflation rate continues to fall, renewing hope for an early rate cut, the national figures show.
Reason behind Etihad plane’s rejected takeoff revealed
Air safety investigators have announced why an Etihad flight was brought to a screeching halt on a Melbourne Airport runway.
Behind Nvidia’s plan to control the new industrial revolution
Jensen Huang is betting Nvidia’s future is far bigger than the chips powering today’s AI boom.
ASX 200 ends up 0.3pc up as most sectors rise
Australia’s stock market rises for a fourth day running, setting three week intraday and daily closing highs as gains in most sectors outweigh falls in iron ore miners. Morgan Stanley says Aussie bank share prices ‘not justified’. IDP Education up on Macquarie upgrade. WiseTech’s new buy. Nvidia hits record.
Cost of Aussies’ 2025 grocery shop revealed
Just how much extra Aussie families will pay to put food on the table this year has been revealed as cost-of-living pressures continue to bite.
The city where corporates linger for longer
Tacking a couple of extra days onto a work trip is an increasingly popular trend, with one Australian destination benefiting more than any other.
‘Darker purpose’: Big claim on $2.50 cash fee
An Australian bank has been slammed for “cash grabbing” after launching a controversial $2.50 fee for customers accessing their own money.
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