Good morning,

Australia is falling behind Qatar and the US in the race to become the dominant supplier of LNG and the country’s dwindling ranking should stoke alarm bells in Canberra if it is to address the looming domestic gas supply crunch, one of the world’s largest energy companies has warned.

Meanwhile, Soul Patts chair Rob Millner has unwittingly become another high-profile name targeted by financial fraudsters after the funds management veteran became a victim of a scheme to steal his identity and sell his investments. 

And new research has found pre-retirees think they need a nest egg above $850,000, but in reality they can live comfortably on much less than that and may end up working years longer than they need to because of incorrect expectations.