business
Star's former CEO and lawyer facing millions in fines over Chinese money laundering case
Star casino’s former top boss and its legal counsel both breached their director’s duties and “failed” to heed warnings about money laundering by Chinese criminal syndicates, the Federal Court in Sydney has found. Source link
Live: ASX opens higher, Aussie household spending rises
The ASX 200 opens higher after strong gains on Wall Street, and the Federal Court finds Star’s former CEO and lawyer failed to exercise their powers and duties as directors. Follow the day’s events and insights from our business reporters on the ABC News live markets blog. Source link
Australian regulator delays ban on lead plumbing products
The Australian Building Codes Board delays a ban on plumbing products containing lead by two more years, despite backlash from the industry. Source link
Car buyers left thousands out of pocket as online platform collapses
Online car-buying platform Carconnect has entered voluntary administration, leaving questions about how its customers will collect their vehicles, and whether they will get their money back. Source link
Long queues at servos as petrol prices surge amid Middle East war
Petrol retailers across the nation are being accused of “unconscionable” behaviour by preying on people’s anxieties as fuel prices surge in the midst of the Middle East war. Source link
The Kyle and Jackie O experiment failed
The network’s mammoth deal banked on the fact that people in Melbourne would take to the hosts just as Sydneysiders did. Source link
$15 billion in Australian trade affected by Middle East conflict
Exports have been halted and shipping containers filled with Australian meat are stranded at sea as the Middle East conflict takes a toll on trade. Source link
Kyle and Jackie O's reported $200m pay deal 'thing of the past' for radio stars
The demise of Kyle Sandilands and Jackie “O” Henderson’s radio show likely marks the end of big-name stars on long-running multi-million-dollar contracts dominating Australian airwaves, media commentators say. Source link
Breaking: Australia's economy growing at fastest rate in almost three years
Australia’s economy is growing at annual rate of 2.6 per cent, which is much stronger than forecast. Source link
Global stock sell-off hits ASX, trade halted in Korea as market plunges — as it happened
Investor fears of a drawn-out Middle East war, surging oil prices and potentially higher inflation are hitting Australian shares, with the ASX down 2 per cent. Panic selling hits Korea’s market, triggering a circuit breaker. Source link