Topic Sydney Metro Australian Financial Review
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.
Psychologists have long focused on treating depression, on making people feel less bad. 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. 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. It seems the archdiocese is on a selling spree, putting at least its fifth property on the market in the past 12 months. The Western Australian government is now spending more per head of population than debt-ridden Victoria.
- Sydney-based Licella is poised to reveal partners for a proposed plant on the Dow Chemical site at Altona, in Melbourne’s west, in coming weeks.
- Indigenous groups are achieving legal victories over new offshore gas developments, creating delays the gas industry didn’t see coming.
- The politician is dropping a request for documents concerning Richard White’s communications with the former Labor leader’s ex-partner Nathalie Matthews.
- Treasurer Jim Chalmers says the government’s broken promises on tax reform involves an element of political risk.
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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 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 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.
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.
Tradies are sitting idle at the Western Sydney Airport Metro project after a costs dispute between the NSW government and major contractor escalated. 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. Forward bookings are almost “non-existent”, one tourism operator says, as the industry calls on the federal government for relief. 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. Over 5300 people at multi-billion dollar software giant Canva’s global workforce have joined the company’s second-ever “AI Discovery Week”.
A quick pivot led to this executive becoming partner at just 28
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.
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.
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.
But his tax hit isn’t backed with big-bang reform to expand the economy. The Albanese government’s planned new restrictions mean people best payid casinos in australia could opt out of gambling ads on their favourite podcasts or platforms like 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.
If the SERD report did nothing other than highlight the precarious state of Australia’s hard-won prosperity, it would still have performed a valuable service. Indigenous groups are achieving legal victories over new offshore gas developments, creating delays the gas industry didn’t see coming. Beijing’s ambassador to Australia Xiao Qian says Chinese port owner Landbridge shouldn’t be punished by having its lease ended on security grounds. The former prime minister said that when he approved the lease with a Chinese company a decade ago, security agencies had no concerns about the deal. Anthony Albanese has doubled down on an election promise to force the Chinese owners to sell Darwin Port despite warnings Beijing may hit back. A regulator dismissed allegations of a cover-up as “sensationalist rubbish” but the episode has opened the floodgates for multiple attacks against the industry.
Sydney Metro has launched an inquiry into allegations of worker exploitation and a corporate cover-up on the Western Sydney Airport metro project. Big international funds have swung behind a resolution to force the gas company to explain how its NT Beetaloo pipeline project aligns with its green targets. Labor and the Coalition went to the federal election promising to end Chinese ownership of the port.