Aida Hamed, who tragically drowned on the Mornington Peninsula on Wednesday, was “loved by everyone”, her daughter-in-law says.

Aussie shares ended the day unchanged from the day before after a late fade out. Improvements for the likes of tech & mining giants BHP & Afterpay weren’t enough to overcome losses across health & retailers.

The Australian sharemarket finished flat after two straight days of gains, with buy-now-pay-later market darling Afterpay among the winners along with iron ore and energy stocks.

A tangled web of intercompany loans is being unpicked by administrators for Grocon’s collapsed legacy construction business and proving a complex forensic exercise as they seek to determine their recommendation for its future.

More than 50 Target stores are expected to be closed over the coming months, while dozens will be converted into Kmart outlets in a major retail shake-up.