Barangaroo licence for Crown still appears months away
A final decision in NSW on giving Crown Resorts a licence for its Sydney gaming operation is not now expected until early next year.
A final decision in NSW on giving Crown Resorts a licence for its Sydney gaming operation is not now expected until early next year.
Fresh from the sale of Honey Birdette to Playboy, founder Eloise Monaghan has acquired a circa $10m stake in an Aussie sparkling water brand.
The S&P/ASX 200 closed up 0.8% at a 5-day high, driven by miners as iron ore futures jump 10% on China stimulus hopes. Banks recovered.
Officials from the NSW regulator met with Crown Resorts on Monday as the James Packer-backed casino operator pushes to re-open its shuttered Sydney gaming floor.
ASX closes down 0.6%, Covid fears send travel stocks diving, AMP higher after $7bn fund win, Peet secures $1bn development site and Aussie dollar higher.
The regulator has flagged a string of new court actions after lobbing a legal case against MLC over alleged financial harm to more than 260,000 insurance customers.
Australian markets have closed 0.2 per cent higher amid stronger global shares with Crown Resorts gaining on a new offer.
Australia’s S&P/ASX 200 index stabilised despite further falls in banks, with Evolution up 9.7%, Telstra at a 4-year high, and Macquarie at a record. ANZ tips housing slowdown and CBA boosts Nick Scali stake.
ASX closed down 0.7%, sharply dragged by a massive selldown of CBA and other major bank losses. Wages grew modestly in October but ‘pockets of pressure’ exist.
Westpac has lifted its fixed rates for the third time in four weeks as the major banks retreat from record low lending rates.
Original URL: https://www.theaustralian.com.au/author/matt-bell/page/112