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Macquarie Group’s stellar $24bn divestment of AirTrunk may deliver it hefty performance fees as high as $1.3bn and stoke further demand for digital infrastructure assets, if lofty valuations don’t put them out of reach.

Meanwhile, ANZ’s lawyers have warned that contentious Federal Court action by former employee Etienne Alexiou, and the discovery of key documents, risked becoming a “roving commission” into the banking giant's culture and conduct.

And as Star Entertainment remains locked in talks with bankers and government officials, it has emerged that auditors at EY raised several red flags last year about the ability of the company’s debt-laden Queensland operation to continue as a going ­concern.