● RADIOAdvertise with us
DOWNUNDERVOICESAustralia · New Zealand · World
Back to Business
Business

9 October 2026

Wealthy founder of $650million business empire calls it quits on Australia and flees to Singapore as he delivers a parting shot to Anthony Albanese

Downunder Voices Newsroom

FacebookEmail
Wealthy founder of $650million business empire calls it quits on Australia and flees to Singapore as he delivers a parting shot to Anthony Albanese

A successful tech entrepreneur is leaving Australia for Singapore, blaming the country's economic climate and Labor's proposed tax changes for his move overseas.

About this report

This article contains independently written commentary and community perspective from Downunder Voices.

Join our community

Follow Downunder Voices

Join thousands of readers following news and community stories from Australia, New Zealand and the Pacific.

Follow on FacebookSubmit your story

More from Business

View category
UK P&I and TT Club merger clears member voteBusiness

9 October 2026

UK P&I and TT Club merger clears member vote

Members of the UK P&I Club and TT Club have approved a merger to create United Transport Mutual Limited (UTM), a transport mutual covering shipping, logistics, ports, and terminals. Members voted at separate special general meetings on October 7 and 8, following member consultations that began in September. The merger is scheduled to take effect …

Source: Splash247Original source
We’re Investigating Prior Authorization. Help ProPublica Understand Your Health Insurance Denial.Business

9 October 2026

We’re Investigating Prior Authorization. Help ProPublica Understand Your Health Insurance Denial.

Illustration by Shoshana Gordon/ProPublica Last year, many of America’s largest health insurers vowed to reduce their use of prior authorization — the extra layer of approval insurers require before covering a medical expense. The industry’s pledge came after massive backlash to the process from patients, providers and politicians. ProPublica’s reporting has found it can delay or outright deny patients’ critical medical care . Data as of last year shows the industry is still relying heavily on the approval process. Now, ProPublica is looking into the ways that insurers’ continued use of prior authorization is impacting patients.

Source: ProPublicaOriginal source

Read Next

View latest
Diana rolls capesize into $13m fixtureTrade & Logistics

9 October 2026

Diana rolls capesize into $13m fixture

New York-listed Greek bulker owner Diana Shipping has secured a 42% rate increase for its capesize GP Zafirakis in a new time charter with Classic Maritime. The 2014-built, 179,492 dwt vessel has been fixed at $38,000 per day, less a 5% commission, compared with the $26,800 per day currently paid by Japanese shipping giant NYK. …

Source: Splash247Original source
Larine cashes out of LR1 tankers in $110m UAE dealWorld

9 October 2026

Larine cashes out of LR1 tankers in $110m UAE deal

Odfjell-family-linked Larine Tankers has reportedly sold its two LR1 product tankers to UAE interests for a combined $110m, clearing out its existing fleet amid strong secondhand tanker prices. Shipbrokers have identified the vessels as the 2016-built Bluebird and Starling, both constructed at China’s New Times Shipbuilding. Splash understands the pair has changed hands for approximately …

Source: Splash247Original source
Hunter’s VLCC charter dispute swells to nearly $68mTrade & Logistics

9 October 2026

Hunter’s VLCC charter dispute swells to nearly $68m

Norwegian shipping investment company Hunter Group’s dispute with an unnamed long-term VLCC charter counterparty has deepened further, with unpaid hire now approaching $68m after another substantial shortfall in September. The Oslo-listed company disclosed on Friday that its counterparty paid approximately $12. 75m less than the amount due for September, marking the seventh consecutive month of reduced …

Source: Splash247Original source
An Arizona County’s “Housing Hub” Is a Dead End for Many Homeless FamiliesSocial Issues

9 October 2026

An Arizona County’s “Housing Hub” Is a Dead End for Many Homeless Families

A 12-year-old child opens the curtains of a hotel room in Tempe, Arizona, where she, her mother and four siblings were staying earlier this year while experiencing homelessness. The room was funded in part by AZ Hugs, which helps families with emergency shelter. A decade ago, nonprofit leaders in Arizona’s most populous county boasted that they had created the Amazon of homeless service systems. Families in crisis would no longer have to contact a dozen agencies in search of shelter or housing. A single system could point them to help.

Source: ProPublicaOriginal source