Good morning, Investment bank Barrenjoey's star board recruit, former Reserve Bank governor Philip Lowe, has urged policymakers to tackle tough supply-side reforms across the economy or confront economic stagnation and flatlining living standards. Meanwhile, troubled casino operator Star Entertainment has secured a new $200m financial rescue package ahead of the release of its unaudited results on Thursday but it remains locked in talks with the Queensland government over a tax deferral deal. And the UK’s largest online real estate property portal Rightmove has shrugged off calls from key investors to open talks with REA Group over a $12bn takeover proposal. |