Watch the first giant wind farm shipment leave the Port of Newcastle for Uungula

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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

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.

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.

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.

See how the government plans to help younger Australians into the housing market, increase taxes on Baby Boomers and rein in NDIS spending. The reason today’s senior executives are ‘shy’ about ESG is that their efforts have not prevented major scandals. Investors and CEOs say non-financial issues remain a key risk for businesses, but we may have outgrown the phrase ‘environmental, social, governance’. Spanish daily “El Pais” reported that the passenger left MV Hondius between April 22 and 24, 10 days after the first reports of death from a strain of hantavirus.

Watch the first giant wind farm shipment leave the Port of Newcastle for Uungula

If I lived here I’d be going every week for sure. Inside, calming rooms, a nurturing day spa, indoor bath house, and dining harnessing fresh, seasonal flavours complete the experience. Ladbrokes has withdrawn a betting product offering instant online wagers on live sports because of the Coalition government crackdown on the service. James Packer’s Crown Resorts will split its international business off from its Australian operations. James Packer’s Crown Resorts will split its international business off from its Australian operations

• 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.
• A 10-minute set-up for automated deposits and sustainable spending buffers prevent minor financial lapses from derailing long-term prosperity.
• A blistering 90-minute interrogation by Las Vegas’ gaming regulator accused the gaming chief executive of being hostile, arrogant and misleading.
• The annual wages and salaries bill for government sector workers are forecast to plateau at about $32.6 billion in 2030.

Catch up on the news of the day and unwind with great reading for your evening. Grab a quick bite of today’s latest news from around the region and the nation. Today’s top stories curated by our news team. James Packer’s audacious split of his gaming empire aims to solve two major problems for the listed Crown Resorts entity. Only Tangalooma Island Resort offers you Brisbane’s closest whale watching day cruise, plus the opportunity to enjoy island life for the day, and night if you stay over.

The Viva Energy oil refinery in Geelong, Victoria suffered damage in an explosive fire which began about 11pm yesterday, with production output expected to be slashed to “minimum rates” following the blaze. 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. 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. It has been almost a year since Byron, 23, was found at the bottom of a plunge pool while on holiday in Indonesia. Russell Frajman, 65, had been attempting to remove the customer from his pharmacy on Fitzroy Street in St Kilda about 12.47pm yesterday, when he was subjected to a vicious attack. Bishop reportedly tendered her resignation to the university and Albanese government last night seven months before her tenure was due to expire in December.

Managing the S in ESG is crucial to energy transition success

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.

Morningstar studied hundreds of funds – the cheapest were truly better

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. Get news, reviews and expert insights every Thursday from CarGuide, ACM’s exclusive motoring partner. Your weekday morning newsletter on national affairs, politics and more. Perry Williams writes on business from our Sydney newsroom, specialising in gaming and resources.

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