April Glover, Senior Journalist Digital News Team
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.
Ainsworth shareholder slams takeover bid as shares climb 31 per cent
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.
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.
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.
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.
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.
- Revelations that gambling companies have been spending millions on R&D tax credits have come as a surprise to some senior figures in Labor.
- Inside, calming rooms, a nurturing day spa, indoor bath house, and dining harnessing fresh, seasonal flavours complete the experience.
- Investors and CEOs say non-financial issues remain a key risk for businesses, but we may have outgrown the phrase ‘environmental, social, governance’.
- Act fast if you’ve had your personal or financial information stolen.
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. Major super funds, banks and financial bodies hope to meet in March to share information about best practice in identifying and preventing financial abuse. Accused of assaulting his wife Stefanie, the businessman – once dubbed Mr Property – has gone into rehab.
‘Salt to the wound’: Australia’s biggest bank to slash 119 jobs
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.
It was all sunshine as Australian Fashion Week formally kicked off on Monday with a reception hosted by Jodie Haydon at Kirribilli House. South of the border, this luxury jungle property thrums with mysterious spirits – and we’re not talking about the 3500-bottle tequila collection. Now some are shifting focus and teaching people how to feel good. Psychologists have long focused on treating depression, on making people feel less bad.
We pay our respects to Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples. Only Tangalooma offers the largest selection of day tours from Brisbane to Moreton Island, making this experience Brisbane’s best day out. If you are searching for the best things to do in Brisbane, Tangalooma’s day trip cruises are jam-packed with activities, tours, beach time, and they also have lunch included. Tangalooma Beach has been awarded the prestigious title of the ‘World’s Best Beach to See Nature’ by Lonely Planet, securing its place among the top 100 beaches globally.
Glencore says ESG mood has ‘evolved’ and it will keep coal mining
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 real money payid pokies in australia 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 review needs to give investors a greater say in how the regime is tied to company profits, Sandon Capital founder Gabriel Radzyminski says. 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. Most investors selling property, shares and other assets will pay more tax once the new model to index the cost base of an asset to inflation is bedded down. The poker machine supplier told investors on Monday that its major shareholder, Novomatic, would acquire the 47.1 per cent of shares it did not already own. Over 5300 people at multi-billion dollar software giant Canva’s global workforce have joined the company’s second-ever “AI Discovery Week”.
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.