Peter Malinauskas compares spending $45 million to redevelop the North Adelaide golf course to similar funding for the AFL to play in the Barossa Valley, as media reports suggest Saudi Arabia's Public Investment Fund is preparing to pull financial support for LIV Golf.
Alcoa's proposed $8.1 billion acquisition of South32's alumina operations could open up Western Australia's jarrah forests to bauxite mining, environmentalists claim. The deal would consolidate WA's bauxite supply chain under Alcoa, potentially granting access to new ore deposits.
Seven Hobart venues owned by Pub Banc Group and Hotel Banc Group have closed due to "challenging trading conditions," impacting the city's nightlife and hospitality sector. Industry leaders call for government and industry collaboration to secure the night-time economy.
A proposed $80 million creative precinct in Launceston, backed by state and council funding, is under scrutiny as the developer, Chris Billing, faces allegations of running insolvent companies with debts exceeding $16 million. Community members and councillors question the due diligence performed by authorities.
In Australia, mobile phone costs can be tax deductible if paid for, used for work, and expenses are recorded. Items under $300 allow immediate deduction, while more expensive phones are depreciated over their effective life (typically 3 years). Apportioning costs based on work-related usage is crucial.
Seven Hobart venues, owned by Pub Banc Group and Hotel Banc Group, have closed after the companies entered voluntary administration. The closures are attributed to challenging trading conditions, rising costs, and changing consumer behavior, prompting calls for improved collaboration between industry and government to support the city's night-time economy.
Donald Trump and his family have profited $1.4 billion from crypto ventures, including a meme coin that collapsed, while investors face massive losses. The industry's shift towards AI data centers and the declining appeal of Bitcoin as a gambling instrument highlight its precarious state.
