Last mentioned: 4d ago
Federal Court Ruling
Justice Lee declares Bekier and Martin breached their duties in a landmark judgment.
Asian Markets Reopen
Markets in China and Japan reopen to a weakened dollar and renewed trade volatility.
EU Trade Deal Stalled
European Parliament decides to postpone a vote on the EU-U.S. trade agreement.
Tariff Hike Announced
President Trump raises temporary tariffs from 10% to 15% following the SCOTUS ruling.
ASIC Lawsuit
ASIC commences civil penalty proceedings against Matthias Bekier, Paula Martin, and nine others.
NAB Deception
Star provides misleading information to NAB regarding the use of China UnionPay cards for gambling.
Suncity Misconduct
Suspicious conduct by junket staff, including cash deliveries in cooler bags, occurs at Star casinos.
The Federal Court of Australia has ruled that former Star Entertainment Group CEO Matthias Bekier and General Counsel Paula Martin breached their corporate duties by failing to disclose significant criminal risks and misleading lenders. Justice Michael Lee described the company's culture as 'dysfunctional and unethical' in a landmark 501-page decision.
A U.S. Supreme Court decision striking down emergency tariffs has sparked a trade policy crisis, with President Trump retaliating by raising duties to the legal maximum. The resulting regulatory uncertainty has stalled international trade deals and weakened the U.S. dollar as markets brace for a new wave of protectionism.