| Good morning, Renowned Melbourne deal-maker David Williams' offensive behaviour and bawdy jokes might have finally put his job at risk inside Polynovo after an under-wraps legal review. Margin Call has the inside story. The state of the Whyalla steelworks is “a lot worse” than administrators KordaMentha expected it would be, with joint administrator Sebastian Hams saying it appeared maintenance and repairs had been neglected for the lion’s share of the time the operations were owned by Sanjeev Gupta’s GFG Alliance. ASIC has been asked to further investigate the $318m collapse of Mosaic Brands, after Senator Deb O’Neill told a parliamentary hearing she had been contacted by whistleblowers who allege they have been duped by the retailer. | 