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Good afternoon,

Star Entertainment’s rescue plan could be derailed within days, with the potential that lenders will block King Street Capital’s emergency loan if it ranks ahead of their debt in terms of seniority, reports DataRoom's Bridget Carter.

Australian pokies machine giant Aristocrat is seeking millions of dollars in damages after suing a small US company over allegations it ripped off its games displaying buffaloes and dragons.

It’s the most uneven match up. Canada is betting it all on a former central banker with almost no political experience to take on Donald Trump’s tariffs, writes Eric Johnston.

The markets


Commentary
Underspending Albanese puts ANZUS at risk as warships circle
By ROBERT GOTTLIEBSEN
Business Columnist
In the very week that heavily armed Chinese warships circumnavigated Australia, the PM is skirting defence spending obligations that risk angering the ally we need most.
Latest news
The US ‘corporate fireman’ offering Star a lifeline
Soo Kim, the man behind the US casino giant making an 11th-hour bid for Star Entertainment, is someone companies call when they get into trouble.
By GLEN NORRIS
Super opening door into home ownership a political split decision
Do younger people want to tap into their super savings for a home deposit? The impending federal election will test the assumption that the Coalition policy is popular.
By JAMES KIRBY
PEP to broaden access of its Gateway fund beyond the rich
Pacific Equity Partners’ Gateway fund has been returning up to 20 per cent to wealthy investors in recent years and soon access is expected to be made available to a broader clientele.
By CLIONA O’DOWD
Transurban may have to pay millions to rival after court loss
The toll roads giant may have to pay around $143m to its rival after losing a court case.
By ANGELICA SNOWDEN
Five things that make you rich – and money’s not among them
New statistics highlight Australia’s position as one of the world’s richest nations, but there are other ways to be wealthy too.
By ANTHONY KEANE

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