Perry Williams
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.
The disgraced businessman already resigned as executive chairman of Australian Community Media last week. Markets run on information, but in the age of artificial intelligence, fake news and social media, investors must always question it or risk catastrophic results. Our three tax cuts, instant deduction and the new offset are the equivalent of up to $54 back in the average earner’s pocket each week. A government with a massive parliamentary majority, an opposition in disarray and no election imminent.
Crisis support services are so stretched that some victims never receive a response, an expert review has told the government. On Friday, the national cabinet will consider urgent responses to violence against women and children, following a review delivered in August. The businessman resigned as chairman of Australian Community Media at the weekend after being charged by Victoria Police with assaulting a woman late last week.
A top consultant says the government’s Climate Active program is no longer part of corporate decarbonisation plans. Former competition watchdog chief Graeme Samuel says executives would learn more about governance reading APRA’s report on CBA than doing the company directors course. A battle over how to treat childhood obesity is brewing between two groups who each believe their approach has young people’s best interests at heart. Details of Labor’s $8.5 billion signature election policy will be announced on Friday. Labor is considering advice to subsidise weight-loss drugs for obese people with heart disease, but doctors say more people need access to cheaper treatments.
Changes to negative gearing and tax increases on trusts and capital gains have heralded the end of preferential treatment of asset wealth. Revelations that gambling companies have been spending millions on R&D tax credits have come as a surprise to some senior figures in Labor. Kjerulf Ainsworth, son of poker machine billionaire Len who founded Ainsworth Game Technology, wants a say in the company’s future. The ASX-listed company hasn’t told shareholders.
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
James Packer’s $2b Sydney casino wins approval
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Treasurer Jim Chalmers says the changes will make the system fairer and help young people get into the property market. A strategic review is infuriating some investors. Read everything that’s happened in the news so far today. The son of the company’s billionaire founder has commissioned valuations that he says show properties owned by the business are worth 40 per cent more. Heavyweight investors including Allan Gray and Spheria Asset Management say they will vote against the proposal from the company’s largest shareholder.
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- The ASX-listed company hasn’t told shareholders.
- James Packer’s audacious split of his gaming empire aims to solve two major problems for the listed Crown Resorts entity.
- Camilla said she decided to speak up because domestic violence has been a “taboo subject” for so long that most people don’t realise how bad the situation was.
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.
Meet the accidental hoteliers who are responsible for some of the most beautiful new places to stay on the island of Menorca and the Balearics. Shares in Life360 tumbled after the company revealed a series of technical glitches stopped it from reaching its app download targets in the first quarter. A 10-minute set-up for automated deposits and sustainable spending buffers prevent minor financial lapses from derailing long-term prosperity. It seems the archdiocese is on a selling spree, putting at least its fifth property on the market in the past 12 months. The US president has been weakened by the war with Iran, but China needs a stable global economy so it can keep exporting its goods and boosting growth at home. The Western Australian government is now spending more per head of population than debt-ridden Victoria.
Labor MP blasts tax credit scheme as gambling firms claim millions
The 2026 budget contains taxes on higher education providers and departing Australia, infrastructure cost blowouts, and a crackdown on school disability funding. real money payid pokies in australia 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.
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.
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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.
The latest news, results & expert analysis. Discover new people, places and perspectives Any information provided is general only and does not take into account your objectives, financial situation or needs. PayPal does not share your full financial information with merchants. “Hot Springs where awesome and the rainy overcast day just made it better.