Former Queensland Nickel director Clive Mensink has been diagnosed with clinical depression and anxiety and returning to Australia to face a public court examination would prove difficult, a Brisbane court hears.

You've probably heard of athletes 'tanking' by deliberately losing a game, but a new report into businesses doing the same thing — referred to as 'phoenixing' — says it's costing the Australian economy billions of dollars a year.

You've probably heard of athletes 'tanking' by deliberately losing a game, but a new report into businesses doing the same thing — referred to as 'phoenixing' — says it's costing the Australian economy billions of dollars a year.

The daughter of the pilot who died in Tuesday's plane crash in Essendon offers her condolences to the families of four other men killed in the tragedy, while paying tribute to her "generous and inspirational" father.

The daughter of the pilot who died in Tuesday's plane crash in Essendon offers her condolences to the families of four other men killed in the tragedy, while paying tribute to her "generous and inspirational" father.