Packer calls in $100m loan to Crown
Casino tycoon James Packer has an extra $100 million in his wallet after calling in a loan to his Crown Resorts empire.
Reporter for The Age
Casino tycoon James Packer has an extra $100 million in his wallet after calling in a loan to his Crown Resorts empire.
Westpac has followed National Australia Bank's lead and hiked home loan interest rates for both owner occupiers and property investors.
National Australia Bank will tap the brakes on a resurgent investor market by hiking interest rates on variable home loans for property investors, while also increasing rates for owner occupiers.
Business groups have rounded on new ACTU secretary Sally McManus' comments condoning breaking "unjust" laws, calling them "grossly irresponsible" and a signal business will struggle to work constructively with the peak union body.
One of Australia's largest fund managers will divest more than half a billion dollar worth of shares from companies that make deadly landmines, cluster bombs and tobacco products as part of an ethical investment overhaul.
Australia's businesses have largely welcomed the South Australian government's half billion-dollar plan to secure the state's energy supply but raised ongoing concerns about fragmented national policy.
Crown Resorts' Australian casino licences should be reviewed if any of its staff detained in China were convicted of an offence, the former head of the NSW gambling regulator says.
The EJ Whitten Foundation, which hosts the popular AFL-backed Legends Game, has been dragged to court by its former chief executive
Peter Thompson had an unlikely saviour last year: the humble chickpea.
Capital city house prices have grown at their strongest annual rate in almost seven years after interest rate cuts and investor demand lit a fire under property values.
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