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Star Entertainment Group is set to delay the release of its interim results with sources saying the casino operator, which has been teetering on the brink of collapse since late last year, does not have enough cash to keep meeting its financial commitments including interest payments.  

Qantas is in prize-fighter shape for the looming battle with a Qatar-backed Virgin Australia, after delivering its second biggest half year profit on record, a thumping $1.39bn, and paying its first dividend in six years.

And ASIC boss Joe Longo told Senate estimates he is “very interested” in whether WiseTech Global has broken the Corporations Act , saying the tech giant's boardroom ructions were the consequences of “personal misbehaviour” and “conduct that’s unattractive”.

The markets


Making news this morning
1
New fund a $1bn boost to circular economy
Australia is a global laggard in cutting product waste, but a new fund from Planet Ark and Boston Global will target investment opportunities aimed at reversing the trend.
2
Macquarie, Equity Trustees face potential class action
The companies face consumers who allege they lost nest eggs on a now-suspended private fund with links to under-fire property developer Paul Chiodo.
3
MinRes boss Ellison selling luxury yacht
Mineral Resources founder Chris Ellison has put his luxury yacht on the market as the fallout over his involvement in tax evasion and other scandals continues.
Editor's picks
MARGIN CALL
Is pointing out Labor links sexism – or scrutiny?
Moral outrage crash-landed into our inboxes here at The Australian on Thursday in the form of a searing response to a column item we ran earlier this week.
By YONI BASHAN
REVIEW
Apple’s ‘cheap’ iPhone costs almost $1000. Is it a bargain?
Apple has released a new iPhone that is $400 cheaper than its standard model. It’s made some trade-offs but has crammed in a heap of new features. So is it a good deal?
By JARED LYNCH
WEALTH
Home loans are hurting more retirees as debts and prices surge
Retiring with a mortgage is an increasingly common juggling act, but experts say there are ways to reduce the financial pain.
By ANTHONY KEANE
Commentary
There’s a quiet revolution at the top of Qantas
By ERIC JOHNSTON
Associate Editor
A financially strong airline is good for customers, just as much as investors. And one subtle change from the Joyce-era has big implications over how Qantas is run.
Why Nvidia can’t stop US pullback
By DAVID ROGERS
Markets Editor
The latest results and outlook from the US tech giant and leading AI chipmaker were hard to fault, but they left plenty yearning for more.
DataRoom
Three banks in line for monster Rio Tinto equity raising
Rio Tinto’s Australian shareholders are understood to be strongly against a move by the mining giant to launch an equity raising in Australia, which may be as large as $6bn.
Ramsay ‘close’ to deal on European unit
The fact that the group came out and announced it had appointed Goldman Sachs to work on strategic options for Ramsay Sante while reporting its results on Thursday sent a clear signal.
Tight race for Perpetual wealth unit
The focus for a contest to buy Perpetual’s wealth management unit has narrowed to Oaktree, TA Associates and FirstCape.

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