Ian Verrender

Against all odds, Star Entertainment has managed to avoid sliding into administration for now. But its near demise poses bigger problems for a glittering world that risks being consigned to a bygone era.

Follow the latest news headlines from Australia's most trusted source. Read in-depth expert analysis and watch live coverage on ABC News.

Among the many crises facing the nation in recent years, the east coast gas shortage has been among the most divisive from a political, economic and social perspective.

No sooner had the Reserve Bank cut interest rates did governor Michele Bullock find herself being asked the obvious question — should households expect more?

After a fortnight in the White House, Donald Trump has fired off the big cannon, with tariffs on China, Canada and Mexico. And like it or not, Australia won't be spared from the impacts.

While all the focus during US President Donald Trump's inauguration was on tariffs, the sight of four tech titans at the ceremony should have put another economic policy on the radar: Tax.

After his election victory last November, corporate America wasted no time in quietly changing its stance before Trump's second term in office — but there's a limit in how far leaders can shift the dial. 

For months, there has been a never-ending series of excuses for why interest rates can't be trimmed, even just a touch. Now some are whipping up a frenzy about a new apparent danger — a plummeting currency. 

"Power tends to corrupt and absolute power corrupts absolutely." Those words, penned by Lord Acton in the 19th century have never been more salient for corporate Australia.

A weak Chinese economy, American threats to impose punishing trade tariffs, a poor medium-to-longer-term outlook for our key exports and a sluggish economy are likely to keep the Australian dollar under pressure through 2025, threatening to send it to 20-year lows.