⏱️This edition of the National Account’s newsletter is a 5-minute read.
👋 G’day everyone, Archie here.
In today’s newsletter, we’re looking at the eye watering sums of public money our state governments give to the operators of pokie machines.
Let’s dive into it 🗞️
Over $1.4 billion
🗣️ Why do they do that? Good question.
NSW, VIC, QLD and SA gave a whopping $1.4 billion dollars back to clubs, casinos and pubs in the last financial year.
This money is returned to the pokie operators through a tax cut.
Some states are more transparent than others, Tassie and the territories didn’t publish their pokie tax concession figures - so I’ll have to do a bit more digging.
For my full rundown check out today’s video:
In case you missed it 🤓
Last week, I had a look at the the Chelmsford deep sleep therapy scandal that saw a Sydney hospital keep patients drugged in comas for weeks throughout the 1960s and 70s, often going on to use electroshock therapy, with multiple deaths occurring before alarm bells were raised.
Watch the full video below:
Thanks for catching up with me. I hope you enjoyed this issue, and I’d love to hear your thoughts. Just reply to this email and I’ll be on the other side 👋
I’ll be back on Wednesday.
Cheers, Archie