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Crown Resorts pays AUD$61m tax bill amid Victoria regulatory probe | Legal & compliance
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5 things you need to know today
1. Over 13.5 million Australians in lockdown for at least the next week
South Australia entered a one-week lockdown at 6pm last night following an announcement by Premier Steven Marshall. Victoria s lockdown has been extended by one more week until next Tuesday, while the lockdown in New South Wales is currently in place until July 30.
2. Victorian royal commission lawyers say Crown is not fit to run Melbourne casino
Counsel assisting the Victorian royal commission into Crown Resorts, Adrian Finanzio SC, has recommended that the company should have its casino licence in Melbourne cancelled. Commissioner Ray Finkelstein QC will make the final recommendation on Crown s suitability by October.
If Crown is unfit to hold a licence, then politicians are unfit to govern
As another royal commission examines another corrupt industry, is it time for a royal commission into how our political system enables corruption?
(Image: Private Media/Mitchell Squire)
If counsel assisting the Victorian inquiry into Crown casino, Adrian Finanzio SC, had his way, Crown would lose its Melbourne licence, its chair and its Melbourne CEO. Not, he told the royal commission yesterday, something he recommends lightly.
The list of scandals, failures and regulatory evasions and attempts at intimidation by Crown is long. But the scale of corporate misconduct doesn t necessarily balance evenly.
Commissioner Hon. Raymond Finkelstein AO QC at Victoria s royal commission into Crown Casino, in Melbourne (Image: James Ross/AAP)
A few years ago it would have been unthinkable that anyone in Victoria would describe Crown as unfit to hold a casino licence in Melbourne. What a difference a few royal commissions makes.
After the counsel assisting the Melbourne royal commission into Crown, Adrian Finanzio SC, made the extraordinary declaration yesterday that the casino giant should lose its Melbourne licence, both the Victorian Premier Dan Andrews and Opposition Leader Michael O Brien were suddenly united in their condemnation of a gambling giant that had run roughshod over both sides of politics for decades.
Too big to fail: How do we solve a problem like Crown?
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