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Star casino

The Star casino plans new $500m, '6-star' hotel

Sydney is to get a new $500 million, "six-star" hotel as part of The Star Entertainment group's renovation of the city's main casino as it prepares to take on James Packer's proposed Crown resort at Barangaroo.

Myer CEO Richard Umbers.

Investors reward Myer but outlook unclear

Investors have rewarded Myer for doing what it would say it would do in the first year of its five-year transformation plan, but remain divided on whether Australia's largest department store chain has finally turned itself around.

RETAIL AFR PHOTOGRAPH BY GLENN HUNT 10 APRIL 2007. GENERIC- retail, shopping, fashion, myer AFR FIRST USE ONLY SPECIALX ...

Why Myer should be left on the shelf

There's every sign CEO Richard Umbers has the right strategy to get the best out of the challenged retailer. That doesn't mean you should buy the company's shares.

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01:48

Market looks to BoJ and Fed

Potential changes to monetary policy at the Bank of Japan and Federal Reserve are partly to blame for recent market volatility. Chris Weston looks at what to expect next. This video was produced in commercial partnership between Fairfax Media and IG Markets.

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