Mattress giant ordered to pay $15m over ‘misleading’ online ads

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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.

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.

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 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.

If I lived here I’d be going every week for sure. Inside, calming rooms, a nurturing day spa, indoor bath house, and dining harnessing fresh, seasonal flavours complete the experience. Ladbrokes has withdrawn a betting product offering instant online wagers on live sports because of the Coalition government crackdown on the service. James Packer's Crown Resorts will split its international business off from its Australian operations. James Packer's Crown Resorts will split its international business off from its Australian operations

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 payid pokies australia real money  in disarray and no election imminent.

Mattress giant ordered to pay $15m over 'misleading' online ads

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.

Australia’s other pumped hydro project is facing delays

Anika Wells has repaid $10,116 to the public purse for four taxpayer-funded trips, which included $8093 in expenses and a $2023 penalty. April has been working as a journalist for 10 years and has worked in Australia, Scotland and England for magazines and newspapers and as a digital journalist. Your digital replica of Today's Paper.

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• Energy Minister Chris Bowen will drastically scale back subsidies for green hydrogen programs as the government ploughs funds into its petrol and diesel stocks.
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• A 10-minute set-up for automated deposits and sustainable spending buffers prevent minor financial lapses from derailing long-term prosperity.

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.

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.

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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.

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

The unique Christmas or birthday present you've been looking for. Switch to cruise mode to enjoy a Brisbane activity like no other - a day trip to Tangalooma! With heaps of tours and activities on offer, Tangalooma is the jewel of Moreton Bay and islands. Protected and treasured, this is nature’s theme park where amazing natural encounters are just part of the everyday experience.