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Good morning,

A former Dexus boss and an ex-Suncorp exec are among those being tipped as possible contenders for key spots on the Lendlease board as Aware Super demands speedy change at the company.

Meet the three men behind NGS Crypto, a flashy scheme run from a suburban rental, that took about $60m from investors before authorities secretly froze a string of assets.

A Sydney real estate agent might have taken out the crown for record property sales, but it was Brisbane that had the weekend's biggest sale with a stunning house going under the hammer.



Perry Williams
Business editor
The markets


Making news this morning
1
Hardship hell: Lenders abandon distressed borrowers
The financial regulator has lashed 10 large home lenders, including the nation’s biggest banks, for abandoning customers in hardship.
2
Offshore giant slams Labor’s gas backdown
Chevron, one of Australia’s biggest foreign investors, says Labor’s decision to back down on gas approvals has dimmed its appetite for future plans.
3
Aware Super calls for rapid exit by Lendlease chairman
The superannuation fund heavyweight has made surprising demands for change at the helm of the developer ahead of its crucial strategy day.
Editor's picks
INSIDE STORY
High life of crypto kings as hunt for missing millions deepens
Meet the three men behind NGS Crypto, a flashy scheme run from a suburban rental, that took about $60m from investors before authorities secretly froze a string of assets in court.
By ANGELICA SNOWDEN
COMPETING BIDS
Phillips retains king of real estate crown
PPD’s Alexander Phillips is officially NSW’s top-selling agent with $973m to his name but it was a stunning home in Brisbane that was this weekend’s top sale.
By JONATHAN CHANCELLOR
EXCLUSIVE
Coles uncorks AI to predict booze buying trends
Coles will use AI and machine learning to make better predictions of liquor consumption including weather forecasts to try and make sure bottle shops are stocked for key events.
By ELI GREENBLAT
Commentary
Why this eco-warrior thinks nuclear stands a chance
By ERIC JOHNSTON
Associate Editor
One of Europe’s biggest green energy investors with huge projects in Australia says it is unlikely we will be able to ‘go all the way’ with renewables.
RBA’s Bullock alone in flight to tame inflation
By JAMES GLYNN
Senior Reporter, The Wall Street Journal
And the central bank governor will be painfully aware of the plight of her predecessor, Philip Lowe.
Dataroom
→ Former Dexus boss tipped as Lendlease chair contender
A former Dexus boss and an ex-Suncorp exec are among those being tipped as possible contenders for key spots the Lendlease board.
→ Suitors sizing up Santos assets
Two US-based suitors are understood to be sizing up Santos assets in its Western Australian and Alaskan portfolios.
→ Has Gold Road Resources called in a defence adviser?
Speculation is mounting that Gold Road Resources may have bought a defence adviser into its corner, in a move fuelling suggestions the company may be in play.
 
 
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