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Good morning,

Star Entertainment still favours offloading its Queen’s Wharf precinct in Brisbane to its Hong Kong partners despite an 11th hour rescue offer from US-based international casino group Bally’s Corp .

Meanwhile, boardroom veteran John Mullen, who took over from Richard Goyder as chair of Qantas last year, has warned companies to be wary of becoming involved in actively supporting social causes such as the Indigenous voice to parliament.

And a Victorian government-led proposal to underwrite LNG imports could hike domestic gas prices and introduce a fresh risk of political intervention in the market, investors and energy experts have warned. 

The markets


Making news this morning
1
ANZ woos clients with dinner, golf as deal work declines
Banking major ANZ invited about 250 high-valued clients to its annual three-day knees up in the Hunter Valley as it tries to halt the decline in deals market share.
2
Grain sector forecast to ride Asian growth wave
Australian grain and oilseed exporters are in a prime position to take advantage of a ‘shift’ in diet that is driving increasing food consumption in Asia.
3
Striking smelter workers win better pay deal
The giant Tomago aluminium smelter’s management has bowed to striking workers as hopes fade for a US tariff exemption.
Editor's picks
RICH LISTERS
Forrest hires banker to run her philanthropic empire
Billionaire Nicola Forrest has hired digital banker Philippa Watson to run her emerging philanthropic and business empire.
By BRAD THOMPSON
MARGIN CALL
Loose lips and sinking ships
Ah PwC, the gift that keeps on giving, although in this case it was on the receiving end of some more sensitive information from Treasury – and the department’s not happy.
By YONI BASHAN
Commentary
Mayday, mayday: Here’s why Australia will have to hike defence spending
By ROBERT GOTTLIEBSEN
Business Columnist
Regardless, of who wins the upcoming federal election, Australia will have to accept the US demand that we lift defence spending to 3 per cent of GDP.
Government must follow the rules with tariff response
By JOHN DURIE
Columnist
The federal government is keen to show industry it is ready to respond to the fallout from US tariffs but it needs to do so under global trade rules.
DataRoom
Brookfield to launch Healthscope sale process: sources
Is the country’s second largest private hospital operator about to officially be placed up for sale? Speculation suggests the answer is yes.
Why Ron Finemore Transport may be eyeing Lindsay Australia
Consolidation is under way in the logistics industry, where a privately held haulage firm is casting its eye over a listed rival.
German groups take closer look at Greencross
A German group is understood to be interested in buying the Greencross pet-care business and Freesnapf or Zooplus are two likely candidates.

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