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Star Entertainment Group began Friday saying a deal to sell its stake in Brisbane's Queen's Wharf had stalled, but within hours it emerged that it had reportedly signed an agreement with its Hong Kong-based joint venture partners.

Meanwhile, as Cyclone Alfred bears down on southern Queensland and northern NSW, Optus has revealed it's lost access to 45 of its mobile phone towers while Telstra says customers should try to find a payphone. Here's a storm phone coverage guide.

And Cliona O'Dowd reports on the worrying trend that Australians approaching retirement fear they won't have enough to see out their golden years. This is despite the nation having one of the world's biggest pension reserves.