Business · Companies · 10 hrs ago

James Packer’s investment company reports a $60 million dividend

James Packer’s investment company reports a $60 million dividend

James Packer’s investment company reported a sharp revenue fall in the 2026 financial year.

Consolidated Press Holdings, a family company used to manage his shareholdings, recorded revenue of $101.6 million, down from $5.9 billion the previous year.

It received no dividends from controlled entities, compared with $4.8 billion in 2025.

The filing also recorded $267.5 million in fair value adjustments, which reflect changes in the assessed value of investments.

Packer is set to receive a $60 million dividend, down from $100 million reported the year before.

The filing does not explain the sharp changes, and efforts to get an explanation went unanswered.

The company’s figures may not show Packer’s full wealth, and he has recently invested in US technology companies, including Nvidia.

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SMH columnistCBD columnist
He is still in line for a payday to the tune of $60 million, in the form of a dividend set out in the filing, down on the $100 million reported last year.
via SMH