Why Star’s secretive Macau backer is betting big
A secretive investor is friends with Star’s two Hong Kong-based partners, sources say, which could give gaming regulators a new headache if he keeps buying up shares.
Banking
‘Staggered’: Major catch for Aussie rate cut
With thousands of Aussie homeowners buckling under the weight of hefty repayments and the cost of living crisis, a financial expert has laid out his best tips going into 2025.
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.
Are we there yet? Howard Marks revisits bubble.com warning
A quarter of a century after predicting the dot.com crash, influential US billionaire investor Howard Marks sees some worrying signs returning to shares.
More Stories
Victoria’s plan to stop Tassie green power push
The days could be numbered for the little-known regulatory quirk that has given a boost to Victorian power customers at Tasmania’s expense.
Does ANZ need another rock star CEO?
ANZ has a history of its ambitions being bigger than its balance sheet. The arrival of a big name global banker adds to these worries.
‘Extensive experience’: ANZ picks new boss
One of Australia’s largest companies has found its new chief executive, an international banker of “calibre and extensive experience”.
Major bank’s renewed cash rate call
The big four bank is holding on to predictions of a rate cut in February following Australia’s anaemic growth figures released on Wednesday.
Wesfarmers’ plan to take Anko to the world stage
A generational shift is well under way at Rob Scott’s retailing conglomerate, Wesfarmers, and this opens opportunities for the breakout Anko brand.
Surprise reason for Aussie spending jump
A surprise jump in spending in major two areas has given early indications Aussies are starting to spend again, in spite of a high cost of living.
Outgoing senator’s new job revealed
A long-serving outgoing Coalition senator’s new role once he steps out of parliament has been revealed.
Huge warning over dodgy GST refunds
The Australian Taxation Office has issued a major warning amid their crackdown of business owners trying to cheat the GST system, following a huge spike in fraudulent claims.
Bank’s arrogant move as it closes 2300 ATMs
CommBank raked in a staggering $9.8 billion profit for the 2024 financial year – and still tried to charge customers $3 to use their own money.
CBA’s major move on controversial cash fee
A proposed $3 fee on cash withdrawals from Commonwealth Bank branches for some customers has been paused in response to national fury.
Original URL: https://www.dailytelegraph.com.au/business/companies/banking/page/6