A brief statement from his private company said that Packer, who had already briefly resigned in 2015, was suffering from "mental health issues".
While the banking royal commission exposes scandal after scandal, the corporate regulator is still uttering platitudes about the sector regulating itself.
The inland rail project is based on a sizeable subsidy to coal exporters just to get someone to use what its backers even admit is a white elephant.
With the revelations about Cambridge Analytica and a plummeting stock price, there are arguably much more pressing issues to discuss.
Retailers, apparently oblivious to irony or self-preservation, want wages cut because people aren't spending much in shops.
While the government gives itself a pat on the back for stopping Trump's tariffs hitting big Aussie companies, one small WA company has been overlooked, and is going to be smashed by US protectionism.
With Trump tax cut-funded share buybacks now worth over $200 billion in the US, company tax cut advocates have resorted to pretending share buybacks are just wonderful, thank you.
As others flee, we now have a new player in Australian betting. What will they mean for our shifting gambling landscape?
New Zealand's Sky Network Television has seen a massive share price fall in the last few days as it scrambles to stake its claim in the streaming ring alongside former News Corp comrades Foxtel and Sky plc.
News Corp has had to write-down more than US$1 billion as its Foxtel deal with Telstra uncovers an overvaluation of assets.