Australia’s third airline, Regional Express Holdings (aka REX), is set to capitalise on Virgin Australia's collapse by launching flights between Australia’s capital cities.

Australia’s largest retail company, Premier Investments, is pushing for a totally new rent model for landlords - based on a percentage of sales rather than fixed monthly fees.

To save his struggling airlines, Richard Branson, the British entrepreneur and founder of Virgin Group, is selling over $700 million worth of shares in his space travel company.

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