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Without the dedication of the Proud team, we would never have been able to achieve what we had. It was an absolute joy to see the collaboration from all the stakeholders and how their team welcomed them with open arms. In turn, I aspired to be that source of encouragement and affirmation for others, fostering an environment where authenticity is celebrated and safeguarded. The power of visibility is profound, especially for individuals from diverse backgrounds.
The narrative was often harmful and derogatory, particularly from certain media and public spheres. I have been part of the company for over 21 years, serving in various capacities. I joined Proud (formerly known as Spectrum) in 2017 and officially assumed the Co-Lead role in November 2021.
The Tax Calculator is a general guide only and does not constitute tax advice. The Small Holding Sale Facility was conducted in accordance with The Star Entertainment Group’s Constitution and the Australian Securities Exchange Listing Rules that enables all listed companies to sell shareholdings valued at less than $500 (Unmarketable Parcel). Being able to co-lead a group of passionate and driven people is an absolute pleasure, and they are what fuelled me to keep going, even when it did get a little tough.
Earlier this year, Star sold its stake in the consortium to strengthen its financial standing but continues to operate the Brisbane casino. The Trans and gender-diverse communities are starting to feel vulnerable, so let’s continue to work on making The Star a safe and inclusive place for everyone, esp., for trans and gender-diverse team members. The Star Brisbane is home to the five-star The Star Grand Brisbane, a vibrant collection of restaurants and bars, and a state-of-the-art Event Centre – including Brisbane’s largest hotel ballroom.
On 5 April 2016, eligible shareholders were sent a letter together with a Share Retention Form (for the Small Holding Sale Facility) or a Sale Instruction Form (for the Voluntary Share Sale Facility), and Terms and Conditions for the relevant share sale facility. The Star Entertainment Group announced on 5 April 2016 share sale facilities that provided eligible small shareholders the opportunity to sell their shares without incurring any brokerage or handling costs. Secondly, I was invited to help reintroduce a team member who was affirming their gender to their department. Together, The Star Brisbane and the broader Queen’s Wharf Brisbane precinct attracts over 1 million visitors to the city each year. Positioned at the heart of the multi-billion-dollar Queen’s Wharf Brisbane precinct, The Star Brisbane commenced its staged opening IN August 2024 – redefining Brisbane’s riverfront as a world-class tourism, entertainment and lifestyle destination. Additionally, authorities are evaluating whether Star should be allowed to regain its casino licenses going forward. Its Sydney casino license remains suspended and is managed by an independent administrator who also oversees Queensland operations.
An iconic Brisbane destination like no other, the precinct blends stunning contemporary architecture with thoughtfully restored heritage buildings, and beautifully curated landscaped riverside parklands across more than 12 hectares on Brisbane’s river edge. Shareholders should seek advice from an appropriate professional adviser on the tax implications of the Demerger based on their own individual circumstances. A Tax Calculator is provided below to assist shareholders in calculating the Australian capital gains tax cost base allocation for Tabcorp shares and The Star Entertainment Group shares. As part of the Demerger, Tabcorp sought a ruling from the Australian Taxation Office on the taxation implications for shareholders. Eligible shareholders who wished to sell their shares under the Voluntary Share Sale Facility were required to return a Sale Instruction Form by the Closing Date. Based on a share price of $5.68, being the closing price of The Star Entertainment Group (SGR) shares on the Australian Securities Exchange on the Record Date, an Unmarketable Parcel was any holding of 88 shares or less.
Regulators in both New South Wales and Queensland continue to demand further information linked to these recent safety reports. Financial auditors have voiced concerns regarding the company9s future viability. The company reported a loss of AUD 307 million for the financial year ending June 30, with gaming revenue dropping over 5% to aud e-wallet pokies 756.2 million. In June 2026, a 24-year-old chef working in the casino9s room-service team tragically lost his life at the site. These safety concerns were first documented in May 2025, with further alerts issued in July and again in September. Internal documents have revealed that managers at Star Entertainment repeatedly raised alarms over safety issues at their Brisbane casino well before a fatal accident occurred. The Leisure Deck features an Event Deck, expansive lawn area for sunset picnics and exclusive resort amenities overlooking the city skyline.
This incident occurred months after senior staff had flagged the safety flaws of the Sky Deck barrier. Internal evaluations pointed out that the balustrade design posed significant risks and recommended immediate changes to prevent climbing. Specifically, senior staff highlighted concerns in 2025 regarding the design of The Star Brisbane’s Sky Deck located on the 23rd floor of Queen9s Wharf precinct. Together, The Star Brisbane and broader Queen’s Wharf precinct is attracting an estimated 1.4 million additional visitors each year. The Star’s 250-metre-long Sky Deck – a landmark destination which has become one of Brisbane’s top drawcards. It is also home to a multi-million dollar collection of public artworks including a stunning golden sculpture by world recognised artist Lindy Lee. Click here to download the Tax CalculatorClick here to access information on the Australian Taxation Office website