Helped by its massive natural resources, Australia has weathered the global financial crisis better than other Group of 20 economies. In 2012, its economy grew 3.1 per cent, compared with 1.6 per cent in the United States and 1.1 per cent in Canada.
Australia's Crown Casino hit for A$32m in 'Oceans Eleven-style' sting
Agence France-Presse in Melbourne
Australia's largest casino has alerted police after a high-roller reportedly netted A$32 million (HK$257 million) in an Ocean's Eleven-style betting scam.
A foreigner staying at the Crown Casino was involved in the sting, which it believes accessed its surveillance cameras trained on players and croupiers, The Herald-Sun reported.
Information gleaned from the images was apparently signalled to the high-roller as he played cards, the report said, comparing it to the 2001 Hollywood blockbuster in which Brad Pitt and George Clooney recruit someone familiar with security to rob a series of Las Vegas casinos.
Crown said a staff member from the VIP gambling area had been sacked and the patron involved banned after the scam was uncovered several weeks ago, the newspaper added.
Victoria state police had been informed of the incident.
Professor Linda Hancock of Deakin University - who has written a book about Crown - said its surveillance cameras were more intensified in the premium areas.
"There's someone in monitoring rooms looking at them in real time," she told the ABC. "So they must have picked up that there was a winning streak here that looked suspicious and zoomed in on it."
Reports said Crown hoped to recover a significant portion of the money.