| Rio Tinto and Glencore have been discussing combining their businesses, according to people familiar with the matter, in a Bloomberg exclusive. Any merger could result in the mining industry's largest-ever deal. The firms have recently held early-stage talks, the people said, about a tie-up that could potentially leapfrog BHP.
Australia's biggest listed casino operator, Star Entertainment Group, once had it all. Now it's bleeding cash, desperate for funding and — by some analyst estimates — has a 50-50 chance of collapsing. Read more on the gambling giant's demise here.
 Waiting for Star to fall? Photographer: Brent Lewin/Bloomberg Australia's jobless rate remained low in December as the economy extended a streak of hiring gains. Traders still expect the RBA to make its first cut in April, while paring the chance of easing in February to roughly two-thirds from more than 70%. US President-elect Donald Trump's pick for the next secretary of state has voiced the incoming administration's strongest backing yet for the Aukus security pact, likely reassuring Australian officials who have been privately concerned. More and more Australians are ditching notes and coins as digital payments become the norm. In this week's podcast, Rebecca Jones talks to Adam Haigh about the demise of cash and what that means for Australians. Listen and follow The Bloomberg Australia Podcast on Apple, Spotify, YouTube, or wherever you get your podcasts. | 
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