Good afternoon, The golden rule is, don’t make deals without leverage and Star Entertainment has none, leaving its board in the worst possible position to fight for survival as it delayed releasing interim results while it considers several down-to-the-wire “liquidity proposals”. Qatar is believed to have paid a whopping $1bn for a quarter of Virgin. Now the stakes are set for it to take even more of Australia’s second biggest airline. How much should you have in super? It’s the biggest investment question you might face but with confusing retirement calculators littering the landscape, Wealth Editor James Kirby takes a look at how to get the best answer. |