Good afternoon, About 7480 businesses collapsed in the last six months - more than ever - as rising costs coupled with badly bruised households fuel a surge in hospitality failures in particular. Get ready for $2m per head tax-free super! Advisers are suggesting inflation indexing will raise the tax free super allowance per head by $100,000 to $2m on July 1, and investors should be making plans now. Star Entertainment revealed revenue had plunged in the December quarter, exacerbating its cash crunch. But e ven if Star gets through the current mess, NSW is playing with fire over the casino’s longer term future, writes Eric Johnston. |