Australia's financial intelligence agency, AUSTRAC, had sought a much steeper fine that could have forced the casino company into financial collapse.
Australia's largest casino company, The Star Entertainment Group, has been fined $260 million over historical money laundering violations.
The penalty handed down by Justice Cameron Moore in the Federal Court today could see the company avoid financial collapse. It had warned a steeper penalty could force it into liquidation.
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More than half of Australians say they're lonely — but rural areas are 'isolation hotspots. So, how are small community groups helping?
Australia's inflation rate picked up more than expected in September, increasing expectations of an interest rate hike next week.
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A water park proposal divides a Queensland community, with residents and councillors clashing over the potential loss of green space and the future of the region.
In some cases, court paperwork bears unmistakable signs of urgency — typos, unorthodox tactics and the signatures of the department’s senior political leadership.
CSIRO scientists have identified an underwater mountain off Tasmania where a threatened deep-sea eel species gathers annually.