Good afternoon, Wealth heavyweight Perpetual is under fire over its $2.2bn KKR deal, with analysts and shareholders kept in the dark over the net proceeds as its shares drop. Qantas boss Vanessa Hudson said the airline has been reaching 90 per cent on time performance levels in the past few weeks and that the nation’s biggest carrier is now back to pre-Covid-19 capacity. The turnaround of Crown Resorts is now entering the “next phase” with the ambitious rebuild always planned as a multi-year journey, according to the $US1 trillion Wall Street giant which bought the casino operator from James Packer, writes Eric Johnston. The Australian sharemarket finished broadly flat after strong gains in recent days. The ASX 200 index closed 0.1 per cent higher at 7,804.5 points on Wednesday with seven of the 11 sectors finishing in the black, after hitting a four-week high of 7814.9 in early trading. The All Ordinaries also rose 0.1 per cent to 8,076.7. |