Good afternoon,

Sydney council officials are investigating claims a secret underground basketball court was built on a property owned by the ultra-wealthy Tartak family, who built their wealth from the Bingo waste management empire.

Meanwhile, see how big retail names like Katies, Noni B and Millers have collapsed as selling clothes to older, mid-range shoppers becomes tougher than ever.

And read Eric Johnston's opinion on why the ACCC’s politically charged supermarket inquiry died with a whimper, and was always a quick solution to a cost-of-living crisis the government had been woefully slow to recognise.