Ex-Star boss fined $700k for ignoring criminal risks
The ex-chief of Star has been fined $700,000 for ignoring criminal risks from overseas gamblers after a judge slashed the sought penalty due to a previous lenient deal. Former Star…
Gina Rinehart’s flagship iron ore mine lays off workers
Gina Rinehart’s Hancock Iron Ore is cutting jobs as part of a plan to keep its massive Roy Hill mine in Western Australia operating for another decade. It did not…
Mideast deal gives travel firm an ‘earnings tailwind’
An Australian-based global travel leader hopes to get an earnings tailwind from a peace deal between the US and Iran going into the new year, as the nation’s travel advice…
Sandilands reaches $12m settlement, ending legal stoush
Radio shock jock Kyle Sandilands has reached a settlement with his former employer, bringing half of a bitter legal battle to an end. ARN Media revealed it would pay Sandilands…
G7 debate trusted partners access to cutting-edge US AI
G7 leaders have discussed a plan to grant select “trusted partners” access to advanced AI models from US firms such as Anthropic, three diplomatic sources say, potentially opening a path…
Buy now, pay later rules reveal hidden financial stress
Four times as many Australians are officially struggling to pay off buy now, pay later loans since the disruptive credit offering came under national regulations, which means the reforms are…
Slowing economy could shut the door on more rate hikes
Australia’s economy is heading for the slowdown it had to have. With the nation’s decades-long productivity growth malaise showing no sign of improving, Reserve Bank governor Michele Bullock admitted the…
Startups wouldn’t exist under tax reform, inquiry told
A peak body for private capital has warned some of Australia’s most successful companies would not have survived without the current tax policy settings. Australian Investment Council chief executive Navleen…
‘A lot riding’ on Pauline Hanson’s press club foray
Pauline Hanson’s party is on the “cusp” of a political breakthrough, but the popular leader will need to perform at key public events if she is to translate the momentum…
Struggling Pizza Hut chain to be sold for $A3.8 billion
The struggling Pizza Hut restaurant chain will be sold for $US2.7 billion ($A3.8 billion) by parent company Yum Brands. Yum Brands said the pizza chain has struggled with outdated stores…