Good morning, Former Star Entertainment CEO Robbie Cooke was reluctant to share the extent of the company's deteriorating debt position with his executive team because it might scare them and impact morale, the second Bell inquiry into the troubled casino inquiry has heard. Meanwhile, the country's two biggest supermarket giants were accused of price gouging and misusing market power at a fiery Greens-led Senate inquiry hearing, with Woolworths CEO Brad Banducci even threatened with jail time for contempt. And global private equity heavyweight Blackstone is betting big on explosive demand for data centres to fuel the AI boom but co-founder Steve Schwarzman warns there will be power blackouts unless electricity supply can keep pace. And for those in the legal field, The Australian is launching a new, free newsletter Ipso Facto with scoops, analysis and comment each week. Sign up here. |