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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.
Brisbane scraps Airbnb limits as CGT changes loom
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.
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.
Income taxes to hit 30-year high despite budget’s $250 offset
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.
- James Packer’s Crown Resorts will split its international business off from its Australian operations
- 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.
- Treasurer Jim Chalmers says the changes will make the system fairer and help young people get into the property market.
- “Hot Springs where awesome and the rainy overcast day just made it better.
- It seems the archdiocese is on a selling spree, putting at least its fifth property on the market in the past 12 months.
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.
Major investors are increasingly worried about the hype around artificial intelligence stocks driving US markets to repeated records as war boosts inflation. The Dutch trading giant’s local offshoot grew profits by 50 per cent in 2025 as high volatility across financial markets offered ample trading opportunities. No major payid pokies australia real money investment house has recommended clients sell positions in the embattled health stock despite repeated disappointments and executive departures. The $59.3 million valuation of the copyright was based on Deloitte estimates, but tax authorities have claimed it should have been closer to just $4 million.
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.
The royal commission into antisemitism has been told the Jewish community feels ‘exhausted’ by the hypervigilance required to navigate their daily lives Queensland’s only pumped hydro project under construction is delayed, adding further pressure to the state government’s energy plans. The treasurer’s fifth budget confirms intentions to put higher taxes on wealth but without reducing income taxes, cutting spending or boosting productivity. Every argument being made now and in the next few weeks could have been made before the last election – and carried.
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.
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.
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.
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.
