How a banker, coal owner and pokies baron passed the ESG pub test

Topic Plastic Australian Financial Review

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.

An independent review led by the Tesla chairwoman has urged the government to overhaul its research and development tax incentive scheme. The industry minister wants a lengthy public discission about a major review’s findings, but business wants bold and urgent action. Industry players and analysts expect the government to push the sale after the Chinese-owned port failed to cause a stir in Beijing. Crisis support services are so stretched that some victims never receive a response, an expert review has told the government. At least 26 domestic flights departing from Sydney Airport have been cancelled as residents in three states battle major power outages.

A new report shows domestic violence is widespread among women in their late teens and early twenties. Only a week after the club played a “respect” game for gender equality, new data shows its reliance on revenue that experts say is linked to relationship abuse. The politician is dropping a request for documents concerning Richard White’s communications with the former Labor leader’s ex-partner Nathalie Matthews. 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.

How a banker, coal owner and pokies baron passed the ESG pub test

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’. How to balance good governance with financial return for shareholders remains a burning issue when it comes to ESG investing. A top consultant says the government’s Climate Active program is no longer part of corporate decarbonisation plans. But diplomats also pressed the World Health Organisation about how it might cope when its biggest donor exits the UN health agency.

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 long battle between Ainsworth Game Technology and Kjerulf Ainsworth, the son of its founder, over a takeover from Novomatic has landed in Federal Court.
• Major investors are increasingly worried about the hype around artificial intelligence stocks driving US markets to repeated records as war boosts inflation.
• The treasurer’s fifth budget confirms intentions to put higher taxes on wealth but without reducing income taxes, cutting spending or boosting productivity.
• A Perth start-up called Uluu has raised $8 million, as it tries to make a plastic replacement from seaweed, with famous faces joining VC investors in the round.

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.

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.

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. A Perth start-up called Uluu has raised $8 million, as it tries to make a plastic replacement from seaweed, with famous faces joining VC investors in the round. The equivalent of almost 1 kilogram in single-use products was produced for every person on the planet in 2021, according to a report by Andrew Forrest’s Minderoo Foundation. A more determined approach including government action is needed to accelerate the transition to sustainable plastics, say IKEA and Arnott’s executives. 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. Until it’s always cheaper to use repurposed materials, the industry has little hope of success.

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. Secretary of State Marco Rubio said the US will consider chronic health conditions and even factors like retirement age as reasons to deny visas. 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.

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.

Sydney airport rail line hit with major go-slow as dispute blows up

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.

Under the Coalition, developers were offered financing to build major fuel stores. It is important to australian payid pokies recognise that the problem demands year-round dedication, comprehensive strategies, and multi-faceted interventions. There are the men who perpetrate financial abuse, but there are also the platforms which have for too long been unprepared to confront the damage they facilitate.

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 S&P 500 has added a staggering 16.6 per cent since hitting a wartime low in late March, while the local bourse continues a long slump.

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.

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.