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Good morning,

The small matter of a high range drink-driving charge for hotel baron Peter De Angelis is just one of several wrinkles being ironed out by this storied publican family, reveals Margin Call.

The corporate regulator says insurers are at risk of breaching their licences to operate, amid concern over their treatment of flood victims.

And hail the 34-year-olds! They are now the most commonest Australian, but this slice of the millennial generation won’t be atop the demographic mountain for long, writes Bernard Salt.



Vesna Poljak
Business editor
The markets


Making news this morning
1
It’s war: David Jones taps Qantas in retail loyalty scheme battle
David Jones fitted out female cabin crew in 1947 for the London route. Now, it has hooked up with Qantas Frequent Flyer for its new loyalty scheme as the war with Myer heats up.
2
‘Near zero’ energy use: Samsung unveils new screens
The Korean electronics titan has launched a new type of ‘e-paper’ which uses minimal electricity, as it unveils a new business division dedicated to commercial customers.
3
Minerals Council delays annual Canberra bash amid tensions
Bad timing or bad blood? That’s the question as the Minerals Council postpones its flagship event in Canberra.
Editor's picks
EXCLUSIVE
Aussie billionaire to park gaming giant in tax haven
The tax haven of Guernsey is calling for online gambling magnate Laurence Escalante with documents revealing his move to buy out minority shareholders in a $1bn deal involves moving offshore.
By JOHN STENSHOLT, ANGELICA SNOWDEN
AVIATION
Chinese aircraft maker to rival Boeing and Airbus
The world’s airline industry boss has endorsed China’s aircraft manufacturer, predicting Comac will be a ‘global player’ and rival to Airbus and Boeing.
By ROBYN IRONSIDE
CASINOS
Austrac seeks $400m penalty against Star Entertainment
Austrac is calling for a $400m fine against Star Entertainment for money laundering breaches despite warnings from the troubled casino giant the penalty could force it into liquidation.
By GLEN NORRIS
Commentary
The $10m will left on an iPhone
By JAMES KIRBY
Associate Editor - Wealth
A remarkable NSW court case to determine the validity of a $10m will drafted on an iPhone, shows how technology is upending the staid world of estate planning.
DataRoom
Permira eyes listing for I-MED after failed sale
European private equity firm Permira is believed to have changed plans for its I-MED Radiology Network and wants to list the $3bn business on the ASX next year.
Oaktree and QLD govt offer $300m Coronado Global lifeline
The cash strapped miner has been hit hard by the falling coal price, but is securing loans to tide it over until it recovers.
Eagers confirms sale of 5.7pc McMillan Shakespeare stake
The car dealership company backed by Nick Politis may use the funds to buy more car yards in countries like Canada.

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