Professor John Phillimore: Support for what he calls the Australian model is "broader than sometimes thought".

Why truth still has value in Australia

As rough a year as its been, Australians have many reasons to be thankful for strong institutions and a growing economy that have helped to keep the troubles of the world at bay.

The year of the woeful world leader

From Donald Trump's bloviating incompetence to Viktor Orban's 'slavery laws', 2018 has seen a staggering number of countries woefully misruled by the worst crop of world leaders in recent memory.

Global economic growth slow

A global economy that until recently was humming has broken down, a sharp contrast to the picture just a year ago when the world was experiencing its best growth since 2010.

Open banking the next minefield

After a year of unprecedented scrutiny by the Hayne inquiry, banks are desperate to ensure the sharing of customer data under the government's "open banking" regime doesn't sow the seeds of the next royal commission.

The bull market that for 10 years has confounded and chastened its detractors is staggering up to death's door. And the ...

Whiff of extinction blows through bull market

The bull market that for 10 years has confounded and chastened its detractors is staggering up to death's door. And the haters and admirers are all turning out to pronounce last rites.

The phone calls raised some eyebrows, with traders questioning why Mnuchin was bringing up bank liquidity when no one ...

US regulators see no reason for panic

Top US financial regulators assured Treasury Secretary Steven Mnuchin during a hastily organised call that they are seeing nothing out of the ordinary in markets.

Opinion

Christopher Joye

RBA needs to pull its head in on lending

The banks are being justifiably cautious on home loans and will be building even more equity capital buffers. This means they'll need less capital, which explains their hybrids' strong performance, writes Christopher Joye.

Indian giant Adani approval delayed

Adani will miss its Christmas deadline to begin construction of its Carmichael mine after the Palaszczuk government commissioned a new independent review.

Administration officials said Trump was annoyed by Mattis' resignation letter, which included an implicit criticism of ...

Trump takes parting shot at Mattis

President Donald Trump criticised departing Defence Secretary James Mattis for failiig to recognise the true costs of America's military support around the world.

Personal Finance

Charismatic Lib Dem leader Paddy Ashdown dies

Lord Ashdown of Norton-sub-Hamdon, who has died aged 77, led the Liberal Democrats over 11 years from near-eclipse to the fringe of participation in Tony Blair's Labour government, but could not translate this advance into real power.

Lifestyle

Crowds view the start of the Sydney to Hobart yacht race from South Head, Sydney. 26th December 2018 Photo: Janie Barrett

All Aussie race for Sydney-Hobart honours

It's an all-Australian battle for line honours in the Sydney to Hobart yacht race after an eventful start in which one yacht was clamped and the only foreign supermaxi withdrew.