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Good afternoon,

The battle for the future of Melbourne Airport will play out in court as Dexus aims to stop the forced sale of its stake and crush a dispute with some of Australia’s largest superannuation funds. 

Qantas had legal advice that outsourcing ground crew was more lawful than ultra-long-range Project Sunrise flights, a Federal Court hearing has been told. 

PwC Australia is a “totally different firm” following a sweeping cultural, board and management rebuild and over the past two years, however boss Kevin Burrowes acknowledges full change will take time to put the tax scandal behind the big four auditor.

Vesna Poljak
Business Editor
The markets


Commentary
Australia slow to embrace AI, but Westpac pulls trigger
By ROBERT GOTTLIEBSEN
Business Columnist
The re-election of the Albanese government, quickly followed by a rise in union militarism armed with the industrial relations legislation has fired the starter’s gun on a huge AI ...
Latest news
Salter Brothers advance ASX listing after $1bn hotel splurge
Paul Salter is pushing ahead with plans to list the hospitality group on the ASX, with hopes to build its portfolio into one of the largest in the Asia-Pacific, worth around $2.5bn.
By LISA ALLEN
Lendlease courts Mitsubishi for Hyde Park luxury play
Property developer Lendlease is courting Japanese heavyweight Mitsubishi Estate Asia to back its tilt at buying a luxury development site on Sydney’s Hyde Park.
By BEN WILMOT
Resimac ignored family violence victim’s plea for loan relief: ASIC
Resimac ignored customers seeking home loan relief, including chasing a suicidal customer for $540 and a DV victim whose husband cleared shared bank accounts, a court case against the non-bank lender alleges.
By DAVID ROSS
High term deposit rate days are numbered
Reserve Bank interest rate cuts are denting the incomes of savers, but there are ways to minimise the losses. Here’s how to invest cash and what a decent term deposit rate looks like now.
By ANTHONY KEANE
NSW lithium battery maker locks in $15m deal with Indian investor
A lithium battery start-up is set to expand its workforce and flagship factory at Wollongong as it pursues mass production of high-performance lithium batteries after another funding injection.
By JOSEPH CARBONE

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