Email
Get the latest from The Australian Business
To view this email as a web page, go here.

Good morning,

The Carbon Market Institute says corporate Australia is frustrated that the federal government’s net zero emissions program has neither been modernised nor evolved to head off greenwashing claims , as the nation’s biggest polluters delivered a modest drop in annual emissions. 

Meanwhile, increased spending on customers, demand for premium travel and a refreshed board and executive team have helped Qantas boost its brand value by $1.3bn in the past year, according to a global industry analysis. 

And financial services giant EY has signed one of the largest corporate leasing deals of recent times, agreeing to remain as anchor tenant at 200 George Street in Sydney until the end of 2036 as the race heats up for prime office space across Australia's capital cities.

Vesna Poljak
Business editor
The markets


Making news this morning
1
‘This is more than tariffs, it’s a reset’
Donald Trump’s radical agenda to up-end the global trade order is part of a broader structural reset — and he still has the support of Middle America, investors say.
2
It’s expensive to get to net zero: Fortescue racks up $350m drill bill
Fortescue has started work on one of the giant solar farms it needs to turn iron ore mines green and is forking out $350m for electric drill rigs.
3
US court rejects Sydney sports bet king’s suit against American exec
A US court has thrown out all claims made in a lawsuit launched by floundering Australian sports betting company PlayUp against a former key American executive.
Editor's picks
MARGIN CALL
Teal battle of corflutes powering up
Wentworth candidates are slapping faces on any spare space and when it comes to positioning for power, Allegra Spender is trying to get poles ahead – even though it’s against the rules.
By YONI BASHAN, NICK EVANS
EXCLUSIVE
Earn 500k frequent flyer points just by having money in your account
Customers can now earn up to 500,000 Qantas Points per month just by having money in their account under a new partnership with one of the big banks.
By MATT BELL
Commentary
Even with Bally’s bailout, Star’s condition is still critical
By ERIC JOHNSTON
Associate Editor
Star Entertainment chief executive Steve McCann’s big balancing act to save the struggling casino operator is not over yet. Not by a long shot.
DataRoom
Interblock in focus as Aristocrat Leisure looks for deals
Aristocrat Leisure is on the hunt for deals, and the $1bn Interblock is the name that continues to feature in the discussions.
Bapcor revs up management ranks after Bain Capital bid
The $1.6bn automotive company will refresh the strategy to improve share price performance.
Top fundies launch new investment group with micro cap focus
Ex Colonial First State Global Asset Management and First Sentier fund managers are targeting micro cap stocks.

image