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Australian casino group Star faces cash crunch

Australia's Star Entertainment hits record low on cash burn concerns

Shares of Star Entertainment fell further on Friday to hit a record low, after the Australian casino operator raised concerns about liquidity and cash months after securing a debt lifeline.

The Financial Times · 1d

Australian casino group Star faces cash crunch as shares tumble 28%

One of Australia’s largest casino groups has warned it is running low on cash as it struggles to recover from a bruising investigation into criminal infiltration of its gambling operations and a slowdown in demand from domestic gamblers hit by a cost of living crisis.

AAP on MSN · 1d

Casino operator Star's shares plunge amid grim finances

Star Entertainment says it had just $79 million in cash left at December 31, after burning through $107 million over the previous three months.

UN says Australia violated human rights law

Hosted on MSN · 20m

Australia asked to pay compensation for violating rights of asylum seekers in Nauru camps

Australia asked to pay compensation for violating rights of asylum seekers in Nauru camps - UN watchdog finds refugees and asylum seekers suffered deterioration of physical and mental health in offsho

The Conversation on MSN · 3h

The UN says Australia violated human rights law, but it’s unlikely to change the way we treat refugees

The UN Human Rights Committee found 24 young detainees on Nauru experienced “cruel, inhumane or degrading treatment”. But are politicians listening?

Reuters on MSN · 4h

Australia violated refugees’ rights in offshore detention centre, says UN

Australia argued that there was no proof that the alleged violations had occurred within its jurisdiction, according to the UN statement.

Australia, Novak Djokovic

Men's Journal on MSN · 11h

Novak Djokovic Speaks on 'Actual Reason' for Deportation From Australia

Novak Djokovic sparked global controversy in 2022 when he was deported from Australia after forgoing the necessary COVID vaccinations to play in the Australian Open. Now, with three years of hindsight, the Serbian tennis star is reflecting on the moment and speaking honestly about what he believes actually happened.

The Associated Press on MSN · 3d

Novak Djokovic says he still feels ‘trauma’ when he travels to Australia because of his deportation

Novak Djokovic says he still feels a bit of trauma when he travels to Australia. He says that stems from his deportation from the country in 2022 because he was not vaccinated against COVID-19.

ABP Live on MSN · 2h

Novak Djokovic Makes SHOCKING Claims, Says He Was ‘Poisoned’ In Melbourne Before Australian Open

Novak Djokovic, the Serbian tennis icon, has made shocking revelations, claiming that he was "poisoned" during his quarantine in Australia in January 2022, amid the COVID-19 pandemic. Djokovic was detained after his visa was revoked ahead of the 2022 Australian Open amidst controversy over Australia's COVID-19 entry rules and his unvaccinated status,

Australia retailers get Black Fri. boost

Reuters · 1d

Australia retailers get Black Friday boost, but no bar posed to rate cut

Australian retail sales had the biggest increase in 10 months in November as Black Friday discounting drew cost-conscious shoppers, but the rise missed forecasts suggesting the boost poses no impediment to rate cuts.

The Wall Street Journal on MSN · 1d

Australia’s Retail Sales Boosted by Heavy Discounting in November

Australia retail activity jumped in November, supported by Black Friday sales and widespread discounting ahead of Christmas.

Sky News Australia on MSN · 1d

Black Friday sales ‘here to stay’ following retail spending boost

Australian Retailers Association's Chief Industry Officer Fleur Brown says Black Friday sales were a “big winner” for retail sales last year.

14m

Time to go electric? BYD just launched Australia's first EV under AU$30K

Australia’s EV market is quickly becoming more accessible, as Chinese automaker BYD has submerged the cost of its entry-level ...

Australia's core inflation slows, keeping door open to Feb rate cut

Australian consumer price inflation crept up from three-year lows in November as electricity costs jumped, but a drop in core ...

9hon MSN

'A bit of nicer call': McSweeney's return part of Australia's future-proofing

With one eye on the 2027 Test tour of India, selectors have shown some of their cards on how the future Australia Test team ...

Buyout Firms Chase Slice of Australia’s $2.5 Trillion Pensions

A 33-year-old piece of legislation in Australia is helping to spark fresh interest from private equity firms including KKR & ...

McSweeney returns to Australia squad for Sri Lanka tour. Smith to lead squad in Cummins’ absence

Nathan McSweeney has been recalled to Australia’s test squad to tour Sri Lanka less than three weeks after being dropped from ...

A seaplane crashes off Australia’s Rottnest Island, killing 2 tourists and the pilot

A seaplane crashed during takeoff from an Australian tourist island, killing three people including Swiss and Danish tourists ...

Singapore Engages Australia to Study Social Media Age Limits

Singapore’s government is open to instituting minimum-age laws for social media use and is in talks with counterparts in ...

42mon MSN

‘Make Australia great again’: Push for Donald Trump to take over Australia

Sky News host Caroline Marcus discusses an online push for US President-elect Donald Trump to take over Australia.

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Australian casino group Star faces cash crunch

UN says Australia violated human rights law

Australia, Novak Djokovic

Australia retailers get Black Fri. boost

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