Star Entertainment receives $53m lifeline
Star Entertainment has announced it has been able to secure a much needed lifeline, as the business faced insolvency.
Companies
ASX extends falls; Polynovo plummets on boardroom drama
Troubled Star finally strikes Queen’s Wharf deal, saves 2700 jobs. Insignia soars as Bain, CC Capital lift offers. PolyNovo’s internal turmoil trims under-scrutiny chair’s fortunes as shared sink 13pc.
Three key things to do for Alfred compo
Insurance companies say there are three key things Aussies in the firing line of Tropical Cyclone Alfred need to do.
New Virgin CEO living the dream
Dave Emerson’s promotion to Virgin Australia CEO is the realisation of a childhood dream born from long haul bus trips across the US.
More Stories
ASX 200 slumps; Star close to Queen’s Wharf deal
Casino operator’s deal with Hong Kong partners to help avoid administration. Ex-dividend trading, oil price slide weigh on bourse. Insurers face $2bn-plus hit from Cyclone Alfred. APRA moves to tighten financial board rules.
New apartments up but housing target lags
Housing approvals rose to a new record high in January largely off the back of new apartments being built across NSW, official figures show.
Job cuts hit major Aussie bank
Australia’s biggest bank is expected to cut more than 100 jobs from its technology division.
Why Cyclone Alfred is a meteorological mongrel
Cyclones are not all made equal and the 300km system off the Queensland coast is shaping up to be a monster.
Airlines clear out of Brisbane Airport ahead of cyclone crossing
Airlines are deserting Brisbane Airport as Cyclone Alfred approaches, with flight cancellations soaring into the hundreds.
The final piece falls into place for Virgin listing
Conditions are booming in aviation, but Virgin Australia is gambling it can still land its multi-billion dollar IPO later this year.
37yo slammed for ‘overreaction’ over cyclone
An Aussie influencer has been sharing the fears for her home and business over Cyclone Alfred but, online, the response has been divided.
Virgin names new CEO to replace Jayne Hrdlicka
A top Virgin executive will take over from Jayne Hrdlicka as boss of Australia’s second-largest airline, concluding a succession plan complicated by the intervention of its union.
‘Time they paid’: Call to tax tech titans
Tech giants such as Meta, Amazon, Uber and Microsoft could be hit with a hefty tax under a new election policy demand put forward by the Greens.
Flight cancellations under way as Alfred whips up wind
Flight schedules are in for a major shake-up in coming days as Cyclone Alfred closes in on the east coast, with services into one airport already cancelled.
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