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From Kevin Rudd to Scott Morrison: how Australia became the 'coup capital' of the world in the 2010s

A political ‘Game of Thrones’ prevented Australia from having a credible energy policy and complicated its management of a souring relationship with China as tech companies led a corporate makeover. ....

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Blackstone Poised to Become Biggest Aussie Gambling Operator

Blackstone Inc. (BX) is posed to become the biggest gambling operator in Australia after the private equity firm upped its bid for troubled Crown Resorts..BX ....

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Billionaire Gretel Packer sells her Sydney office suite overlooking the Domain for $13.5 million

Gretel Packer, 55, is set to add to her impressive fortune after selling the family office headquarters in Sydney s Hudson House for $13.5 million. ....

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Aussie Billionaire James Packer's Crown Resorts Gets $2.4 Billion Funding Offer From Oaktree Amid Regulatory Probe

Aussie Billionaire James Packer's Crown Resorts Gets $2.4 Billion Funding Offer From Oaktree Amid Regulatory Probe
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Another Crown Resorts director steps down as NSW regulator flexes muscle

Another Crown Resorts director steps down as NSW regulator flexes muscle
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John Poynton has become the fifth Crown Resorts director to step down in less than a month as the company’s boardroom makeover continues in the wake of the recent Bergin Report.
Crown announced Monday morning that Poynton, who had previously resisted calls to step aside, had agreed to make way following pressure from the NSW Independent Liquor and Gaming Authority (ILGA). The Authority had questioned Poynton’s independence from majority shareholder James Packer given his former role as a consultant to Packer’s Consolidated Press Holdings.
“The ILGA has advised Crown that it considers it appropriate that John step down as a director of all companies within the Crown group, due to a perceived lack of independence arising out of his past relationship with Mr James Packer and CPH, notwithstanding the recent termination of John’s consultancy arrangement with CPH,” said ....

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