The sharemarket bounced back with strong gains on Wednesday.

ASX rebounds on consumer stocks

Australia's sharemarket recovered from its worst session in over two years as casino operators led gains in consumer stocks.

'Mum dropped me off and never came back'

Labor MP Susan Lamb has tearfully recounted being abandoned by her mother as she explained why she has been unable to renounce her dual citizenship.

Calm after the storm for the ASX?

Markets: Calm after the storm

The Australian sharemarket was trading up 1 per cent on Wednesday afternoon after sentiment stabilised in the US overnight.

Opinion

Eureka flag ban sparks CFMEU threats

CFMEU boss John Setka has threatened to take "any action required" after an employer demanded union flags be taken down from its building sites.

APRA delivers banks $1b windfall

The regulatory crackdown on investor lending that was designed to curb a housing bubble ended up delivering a $1 billion a year windfall to bank profits, a report finds.

Edward Lansdale, an Air Force officer whose theories of counter-insurgent warfare proved successful in the Philippines ...

America's Lawrence of southeast Asia

Washington hoped that another idealistic, unconventional outsider might win a guerilla war for them. Edward Lansdale failed -- but inspired a Graham Greene novel instead, writes James Hershberg

David Rowe cartoon. Donald Trump.

How to tame the populists

Is 21st century populism just a blip in political history? And can liberal politics find a way to resist it?

Personal Finance

Positive update. Macquarie Group CEO Nicholas Moore.

Macquarie sound but shares are expensive

The investment house's shares trade three quarters above their pre-crisis peak and their ratio of market to book value is near recent 10-year highs. Given the late stage of the credit cycle, this is a high price to pay.