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Kjerulf Ainsworth has made the move to stop an off-market takeover by major shareholder Novomatic. Documents show executives at the gaming machines giant were paid $15 million by its billionaire founder shortly after he offloaded his 53 per cent stake. Emergency services responded to reports of a crash shortly after 7.45 am today, with multiple crews, including a helicopter, now at the scene.
Treasurer Jim Chalmers today confirmed the tax break will be officially enshrined in law and will come into effect in time for the 2027 tax season next year. The Mark Zuckerberg-founded company plans to cut its global workforce by 10 per cent and will cancel around 6000 open positions as Meta offsets its AI spend in a ruthless pursuit of “efficiency”. James Susler, a business owner and contestant on season eight of the reality show, only opened his Chery Melbourne City dealership five days ago. The government is still hanging its hopes on global oil prices declining by mid-way through the year, and stabilisation by the same time in 2027. Stay in the know on news that matters to you with twice weekly newsletters from The Senior. Smart property news for Newcastle
Victoria’s Secret accuses Blundy adviser of corporate espionage
The warning from the Australian Institute of Company Directors came despite concerns Australia is “cherry-picking” global sustainability reporting standards. The Swiss-based commodities giant had proposed spinning off the fossil fuel into a separate company but has decided to retain the division. Institutional investors see natural capital as the next force in corporate governance, with big implications for companies growing and selling food.
Catch up on the news of the day and unwind with great reading for your evening. Grab a quick bite of today’s latest news from around the region and the nation. Today’s top stories curated by our news team. James Packer’s audacious split of his gaming empire aims to solve two major problems for the listed Crown Resorts entity. Only Tangalooma Island Resort offers you Brisbane’s closest whale watching day cruise, plus the opportunity to enjoy island life for the day, and night if you stay over.
The 2026 budget contains taxes on higher education providers and departing Australia, infrastructure cost blowouts, and a crackdown on school disability funding. The government will make changes to its selection process to target more educated, higher-skilled and younger migrants. But his tax hit isn’t backed with big-bang reform to expand the economy.
Antisemitism report calls for gun buybacks, more counter-terrorism powers
The bank had attempted to sell the investments platform, but could not find a buyer at an acceptable price, instead merging it with its Asgard business. The annual wages and salaries bill for government sector workers are forecast to plateau at about $32.6 billion in 2030. Energy Minister Chris Bowen will drastically scale back subsidies for green hydrogen programs as the government ploughs funds into its petrol and diesel stocks. The minimum tax rate rips a key tool of wealth building used by millions of richer Australians and has a particular sting for so-called bucket companies.
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- The government is still hanging its hopes on global oil prices declining by mid-way through the year, and stabilisation by the same time in 2027.
- The country’s major developers say the lack of tax relief in the Victorian and West Australian budgets has made federal government measures more pressing.
- Only Tangalooma Island Resort offers you Brisbane’s closest whale watching day cruise, plus the opportunity to enjoy island life for the day, and night if you stay over.
- James Packer’s Crown Resorts will split its international business off from its Australian operations
Plans by Crown Resorts to a spin-off of five hotels into a new trust would create a listed vehicle holding about $2 billion worth of property. James Packer could boost his stake in Crown Resorts by up to $1.7 billion if investors back a break-up of the casino group. Act fast if you’ve had your personal or financial information stolen.
See how the government plans to help younger Australians into the housing market, increase taxes on Baby Boomers and rein in NDIS spending. The reason today’s senior executives are ‘shy’ about ESG is that their efforts have not prevented major scandals. Investors and CEOs say non-financial issues remain a key risk for businesses, but we may have outgrown the phrase ‘environmental, social, governance’. Spanish daily “El Pais” reported that real money payid pokies in australia the passenger left MV Hondius between April 22 and 24, 10 days after the first reports of death from a strain of hantavirus.
The Sydney pokies and pub billionaire has fought off a legal challenge that tried to reduce the number of gaming machines in two of his Alice Springs hotels. States and territories will review information-sharing systems and alcohol laws under an agreement for urgent action. There are the men who perpetrate financial abuse, but there are also the platforms which have for too long been unprepared to confront the damage they facilitate. Only a week after the club played a “respect” game for gender equality, new data shows its reliance on revenue that experts say is linked to relationship abuse.
Anika Wells has repaid $10,116 to the public purse for four taxpayer-funded trips, which included $8093 in expenses and a $2023 penalty. April has been working as a journalist for 10 years and has worked in Australia, Scotland and England for magazines and newspapers and as a digital journalist. Your digital replica of Today’s Paper.
The pokies giant said on Monday it had known about the overseas criminal investigation since 2019, but the board determined it did not need to inform the ASX. Harald Neumann has abruptly pulled his application to be approved in the gambling mecca, with his position now under review by the poker machine manufacturer. A blistering 90-minute interrogation by Las Vegas’ gaming regulator accused the gaming chief executive of being hostile, arrogant and misleading. The Nevada gaming regulator had accused Ainsworth Game Technology’s chief executive of being hostile, arrogant, and misleading.
Look at the companies whose shares have hit all-time highs this week and what do you see? The Australian Financial Review ESG Summit 2025, where Australia’s top leaders shape the future of responsible business in an era of rising scrutiny and accountability. The big investor says it was drawn to the miner’s shift to metallurgical coal and remains committed to net zero by 2050 after buying shares last week. Australian Institute of Company Directors chair Naomi Edwards says the business community could live with annual elections of directors. How to balance good governance with financial return for shareholders remains a burning issue when it comes to ESG investing.