The ASX listed stocks, Australian economy and the companies in heavily regulated industries in Australia will get a severe contagion risk haircut, and many other corporate collapses will follow.
Most of the ASX200 could start collapsing or being booth out at peppercorns and everyone’s “superannuation” account balances will severely contract causing mayhem for ASX listed stocks if Star Entertainment is allowed to collapse.
Those companies listed above will be in a lot of trouble and many at great risk of non-survival in present form.
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