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Good afternoon,

Virgin Australia’s management team has started booking in meetings with prospective investors ahead of plans for an initial public offering and as new chief executive Dave Emerson begins his tenure.

Meanwhile, the chief executive of one of Australia’s largest building products manufacturers believes energy supply will play a major part in the coming federal election and has labelled LNG imports “an absurdity”.

And read about how every morning, the man who built Australia’s most valuable network of data centres reminds himself of two key moments: when he was poor, and his company’s near-death. Read more in The List: Australia's Richest 250 magazine, out Friday.

Vesna Poljak
Business Editor
The markets


Commentary
Donald Trump: Made in China
By ROBERT GOTTLIEBSEN
Business Columnist
There is a hidden drama in China. In a few years, we may look back and see it was the main cause of the amazing events taking place in the US.
Latest news
The start-up star worth $1bn who is starting from scratch again
It was the classic tech star’s exit. Build a company from scratch, get spectacular growth and sell out for billions all before turning 40. But Sam Kroonenburg’s story comes with a twist.
By JOHN STENSHOLT
Qantas facing final union showdown
Qantas and the TWU are headed for one last fight in the unlawful outsourcing case, with the Federal Court still to determine what penalty the airline should face.
By ROBYN IRONSIDE
Gas crunch adds to Yallourn pressures
Plans to extend the life of the Yallourn coal power station in Victoria would allay a fresh warning over gas supplies amid concerns over reliability gaps in the power grid.
By PERRY WILLIAMS, COLIN PACKHAM
Star transfers raised red flags at Chinese central bank
Chinese customers at Star Entertainment withdrew up to $20m using the China Union Pay network, raising a series of red flags for the country’s financial authorities.
By GLEN NORRIS
Time running out for a pension boost from Britain
The UK state pension can be paid to many people in Australia, and a deadline looms to be able to buy years of extra payments.
By ANTHONY KEANE

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