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Nathan Tinkler
Nathan Tinkler (born 1 February 1976) is an Australian mining industry executive and was previously the principal shareholder of Aston Resources and Whitehaven Coal. He started out as a mining apprentice in the Hunter Valley, in New South Wales and set up his own business at age 26. Much of his wealth was acquired from investments in the mining industry. Biography Tinkler qualified as an electrician at the Muswellbrook TAFE and commenced his involvement in the coal industry as an apprentice electrical fitter for Bayswater Coal. At aged 26, he started his own mine machinery maintenance business called Custom Mining. In 2006, Tinkler paid a $1 million deposit to buy the Middlemount coal mine in Central Queensland. A year later, he sold his Middlemount stake to Macarthur Coal for $275 million with the payment largely in shares. In May 2008 Tinkler sold his Macarthur shares for A$422 million in cash. Tinkler was named by BRW magazine in September 2008 as Australia’s riches ...
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Port Macquarie
Port Macquarie is a coastal town in the local government area of Port Macquarie-Hastings. It is located on the Mid North Coast of New South Wales, Australia, about north of Sydney, and south of Brisbane. The town is located on the Tasman Sea coast, at the mouth of the Hastings River, and at the eastern end of the Oxley Highway (B56). The town with its suburbs had a population of 47,973 in June 2018. Estimated resident population, 30 June 2018. History Port Macquarie sits within Birpai (Biripi, Birripai, Bripi, Biripai, Birrbay) country, and the Birpai people are recognised as the traditional custodians of the land on which Port Macquarie is located. Port Macquarie was long known to the Birpai people as Guruk. The Birpai Local Aboriginal Land Council provides positive support, information and responsible governance for the Aboriginal community, while also cultivating strong links with the broader community. The site of Port Macquarie was first visited by Europeans in 1818 when ...
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Rugby League
Rugby league football, commonly known as just rugby league and sometimes football, footy, rugby or league, is a full-contact sport played by two teams of thirteen players on a rectangular field measuring 68 metres (75 yards) wide and 112–122 metres (122 to 133 yards) long with H shaped posts at both ends. It is one of the two codes of rugby football, the other being rugby union. It originated in 1895 in Huddersfield, Yorkshire as the result of a split from the Rugby Football Union over the issue of payments to players.Tony Collins, ''Rugby League in Twentieth Century Britain'' (2006), p.3 The rules of the game governed by the new Northern Rugby Football Union progressively changed from those of the RFU with the specific aim of producing a faster and more entertaining game to appeal to spectators, on whose income the new organisation and its members depended. Due to its high-velocity contact, cardio-based endurance and minimal use of body protection, rugby league i ...
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Gerry Harvey
Gerry Harvey (born 18 September 1939) is an Australian entrepreneur best known for being the executive chairman of Harvey Norman Holdings, a company which runs Australian retail chain Harvey Norman. He co-founded it with Ian Norman in 1982. Biography Harvey was born in rural New South Wales and attended school at Bathurst and Katoomba before moving to Sydney to go to university when he was 17, but he dropped out. He got his start early, selling vacuum cleaners and fridges door-to-door for Goodwins of Newtown. When he was younger, Harvey was determined to be a farmer. Harvey first met Ian Norman while both were working as door-to-door vacuum salesmen. They partnered to open their first store in Sydney in 1961. The chain, which was called Norman Ross, expanded to forty-two stores with annual sales of 240 million by 1979. This company was sold in 1982 to firstly Grace Bros. for $23 million, then was onsold to Alan Bond's Walton Bond company. After that transaction was com ...
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Federal Court Of Australia
The Federal Court of Australia is an Australian superior court of record which has jurisdiction to deal with most civil disputes governed by federal law (with the exception of family law matters), along with some summary (less serious) and indictable (more serious) criminal matters. Cases are heard at first instance by single judges. The court includes an appeal division referred to as the Full Court comprising three judges, the only avenue of appeal from which lies to the High Court of Australia. In the Australian court hierarchy, the Federal Court occupies a position equivalent to the supreme courts of each of the states and territories. In relation to the other courts in the federal stream, it is superior to the Federal Circuit and Family Court of Australia for all jurisdictions except family law. It was established in 1976 by the Federal Court of Australia Act. The Chief Justice of the Federal Court is James Allsop. Jurisdiction The Federal Court has no inherent jurisdicti ...
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GE Commercial Finance
GE Commercial Finance was a unit of GE Capital, (one of five major operating divisions of General Electric). Headquartered in Norwalk, Connecticut, United States, it plays a role in over 35 countries and had assets of over US$335 billion at year end 2007. As part of GE Capital, it offers products such as revolving lines of credit, floorplan finance, equipment leasing of various forms, real estate services, and car fleet management. The industries served include healthcare, manufacturing, fleet management, communications, construction, energy, aviation, infrastructure and equipment, as well as many others. Operations of GE Commercial Finance were eventually merged directly into GE Capital. GE Commercial Finance acquired the Dutch financial institution Banque Artesia Nederland N.V. in December 2006 which now trades under the name GE Artesia Bank GE Artesia Bank was a Dutch financial institution based in Rotterdam and Amsterdam. It was originally established in 1863 as the Nederlands ...
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Net Wealth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net worth can also be conveniently expressed as non-financial assets plus net financial assets. It can apply to companies, individuals, governments or economic sectors such as the sector of financial corporations or to entire countries. By entity Calculation Net worth is a combination of financial assets and liabilities. The financial assets that contribute to net worth are homes, vehicles, various types of bank accounts, money market accounts, and stocks and bonds. The liabilities are financial obligations such as loans, mortgage, accounts payable (AP) that deplete resources. Companies Net worth in business is also referred to as equity. It is generally based on the value of all assets and liabilities at the carrying value which is the ...
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BRW Rich 200
The ''Financial Review Rich List'', formerly known as the ''BRW Rich 200'', is a list of Australia's two hundred wealthiest individuals and families, ranked by personal net worth published annually in ''The Australian Financial Review Magazine'', a supplement of ''The Australian Financial Review'', published by Nine Publishing. The list provides a short summary on some of the known business activities of the individuals and families, together with commentary on how their ranking has changed from the previous year, if listed. The list was historically released annually in May or June in a special issue of the ''Business Review Weekly (BRW)'', published by Fairfax Media. The final hardcopy issue of ''BRW'' was published in November 2013, and between 2014 and March 2016, the list was published online only. In March 2016 the ''BRW Rich 200'' was published in hardcopy in ''The Australian Financial Review Magazine'' (or ''AFR Magazine''), and published online on the ''Financial Revie ...
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Australian Taxation Office
The Australian Taxation Office (ATO) is an Australian statutory agency and the principal revenue collection body for the Australian Government. The ATO has responsibility for administering the Australian federal taxation system, superannuation legislation, and other associated matters. Responsibility for the operations of the ATO are within the portfolio of the Treasurer of Australia and the Treasury. As the Australian government's principal revenue collection body, the ATO collects income tax, goods and services tax (GST) and other federal taxes. The ATO also has responsibility for managing the Australian Business Register, delivering the Higher Education Loan Program, delivering many Australian government payments and administering key components of Australia's superannuation system. History During the colonial period of the 1800s, a number of landholders had secured large tracts of arable land in Australia. After the states federated in 1901 to form the Commonwealth ...
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Melbourne Cup
The Melbourne Cup is a Thoroughbred horse race held in Melbourne, Australia. It is a 3200-metre race for three-year-olds and over, conducted by the Victoria Racing Club on the Flemington Racecourse in Melbourne, Victoria as part of the Melbourne Spring Racing Carnival. It is the richest "two-mile" handicap in the world and one of the richest turf races. The event starts at 3:00 pm on the first Tuesday of November and is known locally as "the race that stops the nation". The Melbourne Cup has a long tradition, with the first race held in 1861. It was originally run over but was shortened to in 1972 when Australia adopted the metric system. This reduced the distance by , and Rain Lover's 1968 race record of 3:19.1 was accordingly adjusted to 3:17.9. The present record holder is the 1990 winner Kingston Rule with a time of 3:16.3. Qualifying and race conditions The race is a quality handicap for horses three years old and over, run over a distance of 3200 metres, on ...
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2011 New South Wales State Election
Elections to the 55th Parliament of New South Wales were held on Saturday, 26 March 2011. The 16-year-incumbent Labor Party government led by Premier Kristina Keneally was defeated in a landslide by the Liberal–National Coalition opposition led by Barry O'Farrell. Labor suffered a two-party swing of 16.4 points, the largest against a sitting government at any level in Australia since World War II. From 48 seats at dissolution, Labor was knocked down to 20 seats—the worst defeat of a sitting government in New South Wales history, and one of the worst of a state government in Australia since federation. The Coalition picked up a 34-seat swing to win a strong majority, with 69 seats–the largest majority government, in terms of percentage of seats controlled, in NSW history. It is only the third time since 1941 that a NSW Labor government has been defeated. New South Wales has compulsory voting, with an optional preferential ballot in single-member seats for the lower hous ...
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Jodi McKay
Jodi Leyanne McKay (born 16 August 1969) is a former Australian politician who was the Leader of the Opposition in the Parliament of New South Wales from June 2019 until May 2021. She previously served as a member of the New South Wales Legislative Assembly, representing Strathfield for the Labor Party from 2015 to 2021. McKay also previously represented Newcastle for one term from 2007 until her defeat at the 2011 election. Between 2008 and 2011, McKay held a number of junior ministerial responsibilities in the Rees and Keneally governments, including serving as the Minister for the Hunter, Tourism, Small Business, Science and Medical Research, Commerce, and Women, and Minister Assisting the Minister for Health (Cancer). On 17 October 2021, McKay announced she would resign from the parliament, which triggered a by-election in her seat of Strathfield. Early years and background McKay began her career as a journalist, eventually becoming a news anchor for NBN Television. She ...
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