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• Anti-money-laundering agency Austrac, which also has a representative on the ACIC board, warned last year in a heavily redacted report that high-roller operations were also suspected of funding foreign interference operations.

The massive upgrade in Australian sharemarket earnings expectations since July could face a reality check as companies update their guidance this month. The superannuation giant’s $250 billion flagship vehicle is realigning its equities holdings, with Telstra and critical minerals companies the big winners. Dom Pym, who made his fortune selling Up online pokies to Bendigo and Adelaide Bank, has raised $10 million from investors including the Commonwealth Bank for his debut VC fund.