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BREAKING: The Royal Commission into Crown has found the casino operator is “unsuitable” to hold a licence due to “illegal, dishonest unethical and exploitative” conduct.

Rachel Clun

But Finance Minister Simon Birmingham won’t reveal the price of getting the Nationals to back the target. Speaking on the ABC’searlier, the South Australian Senator said the Government would “continue to pursue” infrastructure investments that are good for the country. When asked why the Government won’t commit to updated emissions reduction targets for 2030, given updated projections to be released today are expected to show reductions have exceeded the 26 per cent to 28 per cent target and will reach 35 per cent, Senator Birmingham said: “It’s what you do that matters most.”

Analysis by Moody’s Investors Service shows the jump in Sydney’s median house price, now at $1.3 million, means a household with an annual income of $135,000 will spend more than 45 per cent of it servicing their new mortgage. In February, they needed 36 per cent of their income.It’s little better in Melbourne, where the median house price is now more than $960,000, with households spending an average 32.1 per cent of their incomes on the mortgage. Melbourne households were paying 29.

 

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Companies are not to blame, but the directors and senior management of the companies who make and implement actions ARE to blame and should be held accountable!

So crown get a slap on the wrist. I presume noone is susprised by it and kind of saw this coming giving the billions crown pours into government revenue? Yeah?

However, Commissioner Ray Finkelstein’s final report does not recommend that Crown be stripped of its casino licence, and instead says a “special manager” should be appointed to oversee an extensive reform process underway at the group.

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