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"In the absence of one or more of those arrangements, there remains material uncertainty as to the group's ability to continue as a going concern." "During this time, more women bravely came forward, Nine conducted a culture review, and many of my broadcast colleagues contributed their experiences," she said. Ms Walsh joined Nine in 2008 and had a high-profile career as a reporter on the Today program and covering federal politics. Globally, the 10 richest people are all men, and their wealth increased by more than $150 million a day on average. An Oxfam report found that top Australian casino providers billionaires' wealth increased by more than 8 per cent, or $28 billion, last year. "We're asking people to decide how much they're going to draw on their superannuation each year, without knowing how long they're going to live," Grattan's Brendan Coates told ABC New Channel.

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The Queensland Government has deferred the final decision on this until June this year. Star further advised it expects to be sitting on a cash balance of just $79 million when it reports its half-year results next month, down from $149 million at the end of September 2024. Red screens spark fear, but the bigger picture and history tells investors to look beyond the moment. A win would put directors on notice that risk governance is a serious matter and they need to do more to earn their substantial fees. However, Chant West senior investment research manager Mano Mohankumar says most funds delivered returns to their members that beat widely accepted benchmarks. Grattan's modelling shows that Australians who draw down their super at the minimum rate when they retire will leave the equivalent of 65 per cent of their original super balance unspent by the age of 92. It found that half of those using account-based pensions draw their super down at the legislated minimum rate.

A Queensland government spokesperson said the deal between Star and its joint venture partners — Chow Tai Fook Enterprises (CTFE) and Far East Consortium — was not yet finalised. In March, in a bid to stave off insolvency, Star agreed to sell its 50 per cent stake in Queen's Wharf to its joint venture partners. The deal would see Star give up assets, including its 50 per cent stake in the $3.6 billion Queen's Wharf casino complex, and the Treasury car park and hotel. Eligible shareholders who wished to sell their shares under the Voluntary Share Sale Facility were required to return a Sale Instruction Form by the Closing Date. Payment of the sale proceeds were made to participating shareholders on 27 May 2016 in accordance with their payment instructions as recorded on the share register. Even for those who identify as LGBTQI+, we can still be allies for others within the community.

While former management has been blamed heavily, the company still has a lot of work to do to fix the business. However, the Bell Report underscores the NICC's concerns that it was not receiving all of the facts from The Star at a time when we needed certainty the company could fund and prioritise an urgent business turnaround. While most of the above listed companies have been fined by regulators, the consequences for individual directors have been limited or non-existent. And herein lies the problem – lack of accountability breeds inattention, indolence and recklessness.

If the allegations are proven, it won’t be just the shareholders who have suffered. Anti-money-laundering laws exist because criminals need to clean their ill-gotten gains, or make them appear legitimate. While not alleged in this instance, in general, money-laundering enables crimes such as scams, fraud, child exploitation and drug/sex trafficking.

Star has struggled financially amid regulatory inquiries and increasingly tough gaming QLD gambling regulations. The deal still needs to pass regulatory checks and be approved by the Queensland government. Eligible shareholders who wished to retain their Unmarketable Parcel were required to return a Share Retention Form to the share registry by the Closing Date. We’d like to share more about how we work and what drives our day-to-day business. The company, which owns and operates 19 venues in the United States, has offered a $250 million recapitalisation proposal that would hand it control. The terms are expected to be finalised as early as Monday, following a weekend of negotiations.

Star Entertainment shares have lost more than 90% of their value in the past 3 years. Angus Hewitt discusses where the company stands and what needs to change. "In the absence of one or more of those arrangements, there remains material uncertainty as to the group's ability to continue as a going concern," management warned. The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available. Star Entertainment Group is forecast to grow earnings and revenue by 57.1% and 0.09% per annum respectively while EPS is expected to grow by 55.3% per annum.