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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.
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.
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.
Ainsworth Game Technology Limited
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. Harald Neumann has abruptly pulled his application to be approved in the gambling mecca, with his position now under review by the poker machine manufacturer. A blistering 90-minute interrogation by Las Vegas’ gaming regulator accused the gaming chief executive of being hostile, arrogant and misleading. The Nevada gaming regulator had accused Ainsworth Game Technology’s chief executive of being hostile, arrogant, and misleading.
Major investors are increasingly worried about the hype around artificial intelligence stocks driving US markets to repeated records as war boosts inflation. 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. 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.
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.
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.
Canadian cops call off search for missing Australian hiker
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.
‘An Australian hero’: Fitzgibbon’s tribute to paratrooper after fatal jump
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 real money payid pokies in australia 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.
- Major super funds, banks and financial bodies hope to meet in March to share information about best practice in identifying and preventing financial abuse.
- The reason today’s senior executives are ‘shy’ about ESG is that their efforts have not prevented major scandals.
- A top consultant says the government’s Climate Active program is no longer part of corporate decarbonisation plans.
- James Packer’s Crown Resorts will split its international business off from its Australian operations.
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.
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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