April Glover, Senior Journalist Digital News Team
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 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.
- Queensland’s only pumped hydro project under construction is delayed, adding further pressure to the state government’s energy plans.
- 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.
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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
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Victorian Liberals stake election bid on 10-year economic plan
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 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”.
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.
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.
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.
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.
Meta to slash 8000 jobs as tech giant embarks on aggressive AI spend
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.
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.