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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 investment house has recommended clients sell positions in the embattled health stock despite repeated disappointments and executive departures. A government with a massive parliamentary majority, an opposition in disarray and no election imminent. Treasurer Jim Chalmers says the government’s broken promises on tax reform involves an element of political risk. Treasurer Jim Chalmers says the changes will make the system fairer and help young people get into the property market.

The foundations of the Forrest, Ramsay, Snow and Myer families are donating $30 million to support women in leadership and end domestic assaults. Peter Regan found out the hard way how to strike a good public-private partnership for transport. Sydney’s new Western Sydney Airport metro line could use a robot to inspect the cleanliness of trains and check rail tracks for faults. Daniel Salter wanted to find jobs for army veterans on Victoria’s North East Link project, but he couldn’t open the necessary doors – until he coughed up cash. The Wests Tigers’ travail is a property story through and through.

The global confectionary giant currently imports recycled plastics to meet its target for 30 per cent recycled packaging as Australia doesn’t have a facility. As well as dealing with perennial challenges, industry and government are under pressure to figure out how to regulate AI without strangling its potential. The Tesla chairwoman has stepped up her campaign for investors to support the billionaire chief’s pay package ahead of a crucial shareholder vote on November 6.

Catholic Archdiocese of Melbourne lists another property for sale

Protecting yourself can seem overwhelming, but a few small steps can make a difference to minimise your exposure and improve your overall health. The soaring price of lesser known commodities from the Iran war is a double whammy for farmers and manufacturers that have already been hit by the oil shock. The US regulator is investigating Tesla after complaints of people unable to open doors after crashes, and from parents whose children were trapped inside cars.

News Just In

As largely expected, the 2026 Federal Budget has delivered a twin tax blow to landlords and property investors in a bid to make it easier for Australians to buy their own homes. See how the government plans to help younger Australians into the housing market, increase taxes on Baby Boomers and rein in NDIS spending. The warning from the Australian Institute of Company Directors came despite concerns Australia is “cherry-picking” global sustainability reporting standards. Look at the companies whose shares have hit all-time highs this week and what do you see? The review needs to give investors a greater say in how the regime is tied to company profits, Sandon Capital founder Gabriel Radzyminski says. 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.

Major investors are increasingly worried about the hype around artificial intelligence stocks driving US markets to repeated records as war boosts inflation. DGR Global shareholders hit the jackpot when a Chinese suitor bought SolGold, but will they ever see the money? 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 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 2026 budget contains taxes on higher education providers and departing Australia, infrastructure cost blowouts, and a crackdown on school disability funding.

But his tax hit isn’t backed with big-bang reform to expand the economy. The Albanese government’s planned new restrictions mean people could opt out of gambling ads on their favourite podcasts or platforms like aussie payid pokies YouTube and Spotify. In an excoriating report, the state’s audit office has provided a window into the relationship between the NSW government and the powerful sporting body.

The government will make changes to its selection process to target more educated, higher-skilled and younger migrants. 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. Changes to negative gearing and tax increases on trusts and capital gains have heralded the end of preferential treatment of asset wealth. Its runaway success has helped change global streaming. Brandon Riegg convinced Netflix and Formula 1 to take a risk on a documentary series on the sport.

The pub king’s latest venue is winning patrons, but has also drawn the attention of the local council and NSW government. The Queensland government has been briefed on the cost to run a gun buyback scheme but is expected to oppose a joint-funding arrangement. Ichthys LNG’s Japanese backers moved the project to the Northern Territory almost two decades ago to escape a similar scheme that captures supply for local use. 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.

The Forensic Crash Unit is investigating after a Nissan Navara utility hit the child while turning right onto Toohey Street in Caboolture, Moreton Bay, about 6.47pm yesterday. Anika Wells has repaid $10,116 to the public purse for four taxpayer-funded trips, which included $8093 in expenses and a $2023 penalty.

• Under the Coalition, developers were offered financing to build major fuel stores.
• A government with a massive parliamentary majority, an opposition in disarray and no election imminent.
• Jasmin Tarasin pitched a film about coercive control, then had to race to keep up with a “groundswell” of philanthropists wanting to support it.
• Institutional investors see natural capital as the next force in corporate governance, with big implications for companies growing and selling food.
• 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.
• Ichthys LNG’s Japanese backers moved the project to the Northern Territory almost two decades ago to escape a similar scheme that captures supply for local use.

The new devices allow punters to place live bets during major sporting events inside Tabcorp’s venues. 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”. Bishop reportedly tendered her resignation to the university and Albanese government last night seven months before her tenure was due to expire in December.

Bernard Marantelli has for the past few decades outsmarted many in the wagering industry, including US authorities after he won a $95 million lottery jackpot. A long battle between Ainsworth Game Technology and Kjerulf Ainsworth, the son of its founder, over a takeover from Novomatic has landed in Federal Court. WhiteHawk Capital, an American private credit firm, will tour Star’s three precincts ahead of a decision on a possible loan to the troubled casino group. Cricket Australia hoped to test the market with investors for its BBL franchises.

She was previously the media and telecommunications reporter for The Sydney Morning Herald and The Age, and covered media at The Australian. Zoe Samios covers wagering and the business of sport from the AFR’s Sydney newsroom. 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. Emergency services were called to Karreman Quarries on West Mount Cotton Road in Sheldon about 2.20pm yesterday following reports a man had been critically injured in a forklift incident. “I wanted to take away this dopamine hit that seems to be dished out no matter whether you win or lose.”