Good morning, Troubled Star Entertainment Group has been offered a $200m bridging loan from Queensland coal miner Chris Wallin to tide the embattled casino operator over and ensure its survival as it tries to seal a $50m deal to sell its stake in Queen’s Wharf to its Hong Kong-based joint venture partners. Meanwhile, the federal government’s green bank has spent just 5 per cent of a $300m war chest aimed at turbocharging Australia’s green hydrogen industry since 2020, underscoring caution among private investors in committing money to bankroll the hyped fuel source. And industry super fund veteran Garry Weaven says the prudential regulator’s move to impose term limits on board directors is another unwelcome and unnecessary intervention in Australian corporate governance.
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