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The Australian Business Review
 

Good morning,

Have you bought gold recently? The rapid rise in the gold price towards a once unthinkable $US3000 an ounce is surprising, and challenging even veteran miners.

Imported gas could soon be flowing into SA and Victoria and powering industrial users, as part of a plan to fast-track new supplies by a Dubai-based company.

While names like Atlassian, Canva and Afterpay are well-appreciated tech stars, the dramatic transformation of this local company has been relatively overlooked.

Perry Williams
Business editor
The markets


Making news this morning
1
Top sale comes at a loss for Melbourne prestige mansion
Melbourne scored the nation’s highest advised weekend auction result, but it was at a significant loss.
2
‘As bad as it gets’: hospitality sector bears brunt of insolvencies
Coffee prices are set to rise ‘significantly’ as the hospitality sector gets smashed by rising costs and high interest rates, but there may be better times ahead.
3
Bain Capital drafts in former Insignia boss on bid team
The three-way private equity takeover battle for Insignia is heating up with Bain tapping a former boss of the ASX-listed wealth group to help give it a competitive edge.
Editor's picks
CASINO
Ex-Star execs in line for a court grilling
The blockbuster six-week trial of former Star Entertainment executives including ex-CEO Matt Bekier, general counsel Paula Martin and chief casino operator Greg Hawkins begins on Monday.
By GLEN NORRIS
WEALTH
Are financial advisers worth the money?
Financial advisers are a steady hand when markets wobble. But do they deliver on the returns front? New data shows that it depends on a few key things.
By CLIONA O’DOWD
SKILLS GAP
Employers struggle to find skilled staff and graduates
Despite record immigration and a softening labour market, most businesses can’t find workers with the right skills, forcing a shift towards new hiring strategies.
By MATT BELL
Commentary
Strap in for a frenetic February
By JOYCE MOULLAKIS
Senior Banking Reporter
Company profit season is more relevant than ever this time round, as investors brace for readings across key sectors, and the nation is on the cusp of the RBA’s pivotal February bo...
DataRoom
KKR weighing up $8bn office landlord Dexus
Blackstone made another bid for the real estate and infrastructure group last year, and now its major private equity rival is said to have been looking.
Regis Resources taps Greenhill for gold mine bid
The Ravenswood gold mine in Queenslad is up for sale through EMR Capital and Golden Energy and could fetch up to $2bn.
Private equity firms lob bids for Zenith Energy
Pacific Equity Partners has high hopes a suitor will come forward with a generous offer for its renewable energy specialist.

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