Good morning, Australia’s richest person, Gina Rinehart, has snared a $2.8bn payday in the latest bumper dividend from her flagship Roy Hill iron ore operations as she warns Australia is at risk of falling behind other mining jurisdictions due to poor policy settings. Meanwhile, Star Entertainment's financial position continue to deteriorate in the first quarter and the new LNP government in Queensland appears reluctant to provide any taxpayer assistance, adding to growing uncertainty about the troubled casino group's future. And suitors eyeing the opportunity to own regional carrier Rex are said to be focusing on the state of the airline’s fleet . Market experts suggest it is proving problematic for prospective buyers, writes The Australian's DataRoom editor Bridget Carter. |