Email
Here's what's making news this afternoon
To view this email as a web page, go here.
The Australian
 

Good afternoon,

Casino operator Star Entertainment's future looks increasingly bleak and an analyst from Morningstar believes the company will be fortunate to survive until the end of February.

Meanwhile as Star fights for survival, rival Crown Resorts is getting out of London to concentrate on its Australian business and will sell its property there to Las Vegas-based Wynn Resorts.  

And Wealth editor James Kirby reflects on some of his more regrettable investment decisions of the past 20 years and explains how you can avoid his mistakes.



Perry Williams
Business editor
The markets


Commentary
How AUKUS is creating big waves on the ground
By ERIC JOHNSTON
Associate Editor
There are billions earmarked to be spent, and this Perth-based engineer is among those on the front lines of a defence revolution.
Latest news
Star faces high chance of collapse amid equity wipe-out: Morningstar
Shares in Star Entertainment continue to slump, with warnings the company will be lucky to survive until the end of February.
By GLEN NORRIS
Why airfares will stay higher for longer
Two major developments are ruling out any chance of airfares coming down in 2025 and beyond.
By ROBYN IRONSIDE
US stocks ‘priced for perfection’, Goldman Sachs warns
Goldman Sachs’ top equity strategist warns US stocks are “priced for perfection” and “increasingly vulnerable to a correction” after an exceptional rise in past years.
By DAVID ROGERS
Inside the $2.17 trillion battle to make our homes smarter
Product launches took a back seat to a bolder narrative from big name brands at the world’s biggest consumer electronics show in Las Vegas this year.
By JARED LYNCH
Virgin CEO lands $16.9m beach house
Jayne Hrdlicka has beaten fierce competition for a multi-storey beach house in one of Noosa Heads’ most prized streets.
By ROBYN IRONSIDE

image