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The explosive report at the centre of Star Entertainment’s battle with the NSW regulator was slammed by the casino’s board for lacking balance, being riddled with errors as well as being “selective” and “incomplete”, The Australian can reveal.

Meanwhile, the directors of Rex are awaiting a report from EY Australia. The airline is believed to be on the brink of financial collapse after losing close to a million dollars a week on its ambitious expansion into major city routes, launched at the height of the Covid pandemic.

And Queensland has pulled ANZ from its bond deals , while other state governments are closely reviewing its involvement, as the market braces for the bank’s trading scandal to spread, amid warnings other lenders will face close scrutiny of their trading practices.