Property prices may fall 12pc under Labor
Labor's planned negative gearing and capital gains tax changes would push housing prices down as much as 12 per cent and push rents up 15 per cent, SQM says.
Fed signals year-long rate pause
US policymakers don't expect to lift rates again this year and say they will halt the central bank's balance-sheet run-off in September.
Male bankers are the big winners from Hayne
Big bank boards appear to have fallen back upon the outdated idea that in times of crisis it is best to employ a man.
NSW Labor junks Santos gas vow
NSW Labor insists Santos' assurances it would sell all the gas from its controversial Narrabri gas project to domestic customers can't be believed.
May climbs back onto her Brexit bulldozer
British Prime Minister Theresa May looks ready to shrink parliament's choice to her deal or a March 29 no-deal Brexit - and EU impatience might work in her favour.
ASX shares to rise on dovish Fed
Australian shares are poised to rise after a dramatic dovish tilt by the US central bank bolstered Wall Street.
- Exclusive
- Rail
Labor commits to fast train to Brisbane
Labor will lock in its commitment to build a fast train from Melbourne to Brisbane by promising to start buying the land corridor if elected.
Business
$100b of liabilities for balance sheets
An email obtained by The Australian Financial Review says the change will allow bank staff to perform their roles without the distraction of sales targets and will be rolled out on April 1.
Bunnings to sell more than 60,000 products online
E-commerce laggard Bunnings will start selling more than 60,000 products online in 18 months.
Australia a drag on Bupa's profits
Bupa's Australian arm has dragged down the UK-based healthcare giant's full-year results as it fights fires in its troubled aged care business that fell deep into the red last year.
Marcus Blackmore gets 'lean and mean'
The 73-year-old major shareholder of Blackmores is pumped up about being back at the helm for a short stint.
ACCC reveals date for Vodafone-TPG decision
The ACCC will hand down its final decision on the proposed merger between TPG Telecom and Vodafone on May 9, after months of delays.
Eclipx slides 53pc after merger fail
Eclipx shares lost half their value after a bleak trading update, with the group now pursuing possible sales of Right2Drive and Grays.
Property downturn crunches SME loans
Financial regulators are worried that tighter lending standards and falling house prices are crimping the ability of small businesses to access credit.
Markets
Dalian iron ore drops; Vale to reopen Brucutu
The Brazilian miner said a local court cleared the way for it to resume work at its largest iron ore mine in Minas Gerais state.
Economic puzzle is all about domestic demand
Consumption-driven domestic demand is the key behind why we are seeing strong employment at a time of slower growth, JPMorgan says.
Why FAANG stocks will need to shrink
The biggest US tech stocks will face increasing pressure in the next decade and may be forced to split into smaller companies, a portfolio manager predicts.
- Opinion
- Interest rates
How big mining dividends led to cheaper business loans
Tens of billions of dollars has gushed into Australia's money markets, pushing down a key bank funding rate.
Property risks are elevated but contained, the RBA says
Assistant governor Michele Bullock says the huge wave of apartment building in recent years has created "heightened" risks to financial stability due to negative equity and settlement failures.
Opinion
Regional push walks fragile line on migration
Congestion in Sydney, Melbourne and south-east Queensland has fractured those communities' tolerance of their rapidly expanding populations. Scott Morrison is trying to stop the cracks getting wider.
Columnist
NSW Coalition deserves to finish job it started
The Coalition has succeeded where the last Labor government failed. Nothing has really changed.
Editorial
Scott Morrison right to be enraged by Erdogan
At a time when much of the sympathy of the world lies with Muslims, Turkey's president has trashed that goodwill in a cheap chase for votes.
Political reporter
AMP's David Murray enforces accountability
AMP's annual report reveals details of governance reforms and pay cuts for directors and managers.
Chanticleer Columnist
Politics
Enterprise bargaining on the out with employers
Employers are increasingly moving away from the enterprise bargaining system, a new report finds.
Row deepens over Turkey's comments
Turkey's ambassador to Australia faces expulsion and Australia's envoy to Ankara could be recalled in protest over Turkish President Recep Tayyip Erdogan's inflamatory threats.
Forget 'ideological war' and focus on super savers: Chris Bowen
In a speech in Sydney, Mr Bowen will admonish the Coalition for failing to bring to a parliamentary vote legislation which would give the APRA more power to shut down under-performing super funds.
ATO closing the gap on multinational tax avoidance
Australia's largest top 10 companies currently pay 29 per cent of all corporate tax, with 42 per cent derived from the top 100 firms.
Politicians increase defences against election hacking
Technology giant Microsoft has moved to extend specially designed hacking protections for politicians in Australia, ahead of the federal election.
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World
Trump threatens lasting China tariffs
Donald Trump tells Beijing tariffs will remain in place for "substantial period" and threatens a new trade conflict with Europe.
Google fined $2.4b for search ad blocks in third EU sanction
While fining the Alphabet unit for a third time, the EU's anti-trust chief said she welcomed Google's efforts to boost competition.
Burials begin for Christchurch shooting victims
The first two victims, father and son Khaled and Hamza Mustafa, came from war-torn Syria.
Let's delay EU exit, May to tell Brussels
Theresa May admits a 'crisis' as she heads to Brussels on Thursday seeking a delay - but the Europeans are keeping their cards close to their chests.
- Exclusive
- China
Jacinda Ardern's bitter-sweet invite to Beijing
The Christchurch massacre has put New Zealand's increasingly complicated relationship with China back in the spotlight ahead of an official visit by the PM.
Real Estate
New record for highest office rent in Sydney
Sydney's newest office building has set the record for the most expensive office rents
How negative gearing leads to 'lazy' investment
Australia allocates too much capital to property. But would curbing negative gearing end that? One couple
'It's time for a bit of caution': ISPT boss Daryl Browning
"We're still a buyer, but we're more cautious about where we put capital in this point in the cycle," he said.
Abacus buys Sydney's historic Metro Theatre
Owner Mad Max and Babe director George Miller sold the property, which had been used as his production house, trading for the first time in 35 years.
Crunch time for some co-working operators
Some co-working operators will fail in 2019 after an unbelievable rate of expansion, an industry expert predicts.
Personal Finance
Retail property faces earnings pressure on several fronts
Overseas' competition, online retail and weaker consumer demand mean an era of easy earnings and capital growth from retail property are over, according to Grant MacKenzie, a portfolio manager for Freehold Investment Management, which has about $500 million under management.
One prospective retiree supported abolishing franking credits
Marg D'Arcy appeared at the parliamentary inquiry to support Labor's franking policy. She was very familiar to Josh Frydenberg.
- Opinion
- How to invest
Legoland owner Merlin's investment should pay off
Theme park owner Merlin has made large investments into attractions and accommodation that are yet to open, or mature, but that should eventually reward shareholders.
Technology
- Exclusive
- Funding
Brisbane-founded Skedulo closes $US28m raise with Microsoft's VC
Skedulo has closed a $US28 million capital raise led by Microsoft's M12 venture-capital fund as the company aims for enterprise software leadership.
Telcos caught in social media crackdown
Internet providers will join the likes of Facebook and Twitter in a meeting with government to discuss better policing of violent content, as Telstra, Optus and Vodafone moved to block some sites.
Facebook folds on ad targeting
The changes to advertising, which also cover Instagram and Messenger, are part of a settlement with US groups that have sued Facebook over the practices.
Leadership
Talent Gap to recruit solely women candidates
Talent Gap is the first agency to be awarded an anti-discrimination exemption from the New South Wales government to recruit solely for candidates who are women.
Asian PhDs aren't taking our jobs
Opposition leader Michael Daley’s “statement of fact” that young people are moving out of Sydney and are “being replaced by international workers” mostly from Asia is not true.
Lifestyle
Sole attraction - inside the Milan shoe fair
From the smallest father-and-son outfits to major brands, MICAM is the platform for specialty shoemakers to connect with the world. Here's what to expect from the world's biggest shoe fair.
Perth hotel goes on sale with $100m hopes
The four-star hotel with 206 rooms across over 15 levels opened its doors in December.
College admissions scam was built with swagger and secrets
He promised anxious parents the world and quite often delivered. Until he was caught. And then he betrayed the parents who had trusted him.
George Michael sale proves faith in YBAs pays off
What some had feared would be a wake for the out of favour Young British Artists was actually reaffirmation of their appeal.
Bored of traditional dim sum? Try these.
Some customers are as bored with eating the dim sum classics as chefs like Keung Mak are with preparing them, so he's broken with tradition.
