The Point

The Point

@thepointau.bsky.social

1.6K followers22 following536 posts

In 2024–25, Sportsbet, Tabcorp, bet365 and Ladbrokes won a whopping $5.5 billion from Australian punters. Despite these big winnings, they reported a profit of just $0.4 billion, resulting in tax payments of $0.09 billion. Read the full piece on The Point: https://sbrew.link/gkTT9ARv

In an address this week, former High Court Justice Michael Kirby argued that poverty wasn’t simply an economic issue but a fundamental human rights matter that was holding people back from participating in democracy. Read the full piece on The Point: https://sbrew.link/FLYSzBP4

“We now need to make sure new protected areas reach the species and landscapes that need them most" said Dr James Fitzsimons, the review’s lead author and senior advisor for global protection strategies at The Nature Conservancy. Read the full piece on The Point: https://sbrew.link/7wBBSh0i

Senator Barbara Pocock used the Australia Institute’s Revenue Summit to call for sweeping tax reform, arguing that corporate power, tax avoidance, and generous concessions for property investors are fuelling the nation’s wealth divide. Read the full piece on The Point: https://sbrew.link/FuQ50Pf7

"There is something deeply circular about asking multinational technology companies what national security risks Australia faces, whether we urgently need their products and how their industry should be regulated" writes Darcie Newland. Read the full piece on The Point: https://sbrew.link/6PKYkU9b

Bernie Fraser, who held the top job from 1989 to 1996, drew on his own experience last night to argue the RBA was “over-preoccupied” with inflation at the expense of its other responsibilities, including employment. Read the full report on The Point: https://sbrew.link/Jv2LVpLr

"Australia does not lack funds. The problem is how we measure investment performance, allocate risk and decide who receives the gains when public policy makes an investment viable" writes Ray Wills, Howard Buckley & Peter Newman. Read the full piece on The Point: https://sbrew.link/PwafmC70

"We are making progress in the transition to renewable energy at home, while remaining the world’s second-largest exporter of fossil fuels by climate-pollution content" writes Tejopala Rawls, Executive Director of ARRCC. Read the full piece on The Point: https://sbrew.link/d0RasZuG