Fed's new course sends bonds, $A rallying
The Federal Reserve has stunned markets with a more dovish policy stance that has sent bonds rallying and cast doubts over global growth.
- Opinion
- Election
How Christchurch has changed politics
The Coalition was going down the road of demonising refugees until the terrorist attack in Christchurch. The massacre has given the political establishment pause for thought, the Prime Minister included.
BGH looks overseas after $2.3b deal for Navitas
BGH Capital is looking to follow its first deal with other international education businesses.
PM wanted to 'address', 'not exploit' anti-Islamic fears
Scott Morrison has revealed he raised anti-Islamic sentiment at a shadow cabinet meeting nine years ago but in the context of addressing it, not exploiting it.
- Opinion
- Interest rates
What the Fed pause means for Australia
The RBA, like the Fed and much of the world's economics fraternity, is in wait-and-see mode to gauge if the early 2019 global softening is a temporary blip or could turn into a more prolonged slowdown.
- Opinion
The fallout of falling house prices
The sense of apprehension is growing - including, it seems, at the Reserve Bank - about the potential impact of a decline in mortgage lending and housing prices which shows little sign of levelling off.
Jobless fall gives RBA breathing room
The Australian economy created 4600 new jobs in February, helping to push the jobless rate down to 4.9 per cent.
Business
Thomas Cook quits Australia
Global travel giant Thomas Cook has sold its Australian online travel agency just 12 months after it launched following a disastrous year in its main market, Britain.
Heron Resources battles CIMIC's Sedgman over cost blow-outs
CIMIC's Sedgman subsidiary is making clients unhappy with large claims for additional costs on projects.
Myer cuts another 50 head office, store jobs
Myer says customers won't be affected by the latest round of job cuts in head office and store administration.
Private health changes could spark a year of confusion
Changes designed to make private health insurance simpler could have the opposite effect, at least for 12 months.
AMP contractor gets community service for data theft
Yi Zheng was motivated by "greed" and sentenced to 180 hours of community service after stealing data from 23 customers.
Officeworks' latest Amazon defence
Officeworks is defending its turf from Amazon by expanding products and services, many of which are on display at the world's biggest office supplies store.
Brickworks predicts re-run of 1980s
Australia's largest brickmaker is bracing for a sharper downturn in May and June as tighter credit bites, and is very fearful of Labor's housing policy.
Markets
Four stock tips for volatile markets
Fund managers see opportunities in the technology, mining, and industrial sectors, as large companies battle sluggish growth.
ASX rallies late in volatile session
A late rally in the afternoon saw the Australian sharemarket close slightly higher on Thursday.
- Analysis
- Bonds
Bonds head deep into uncharted territory
Bond traders are now pricing in an increased probability that the Reserve Bank will lower the cash rate at least once before the end of the year.
ASX rallies 30pts in final hour of trade
Australian shares have rallied late in the final 30 minutes of trade, as some of the index heavyweights gave up their earlier losses.
Fed kills global monetary policy reset
The Fed decision to put monetary policy on ice means central banks around the world, from the RBA to the ECB, now have almost no room to normalise rates.
Opinion
Property at the heart of the remaking of Brickworks
While Brickworks maintains the rage over Australian manufacturing, it is quietly building a huge industrial property business.
Columnist
The unions unsheath their super weapon
The super system was created out of the common interests of capital and labour. Now it threatens to rival the forces of capital.
Columnist
Is this the man shifting the Fed's stance?
Jerome Powell is the boss, but it might be Federal Reserve vice-chairman Richard Clarida who's setting the central bank's language and framework.
Columnist
NSW Coalition deserves to finish job it started
The Coalition has succeeded where the last Labor government failed. Nothing has really changed, writes The AFR View.
Editorial
Politics
Scott Morrison wanted to 'address', 'not exploit' anti-Islamic fears
Scott Morrison has revealed he raised anti-Islamic sentiment at a shadow cabinet meeting nine years ago but in the context of addressing it, not exploiting it.
Another reason for the RBA to cut interest rates
An RBA study finds that cutting interest rates will soften the "wealth effect" that can result as house prices fall as people feel poorer and stop spending as much.
WA iron ore ports clearing due to cyclone Veronica
Gas and iron ore operations on Australia's west coast are bracing for an approaching cyclone just as another in the Gulf of Carpentaria dumps heavy rain on Rio Tinto biggest bauxite mine.
Odds blow out in favour of Berejiklian
The NSW Coalition has opened a big lead in the betting markets following a poor week for the Labor Party.
Shooters Party rules out supporting NSW Labor
The NSW Shooters Party has pre-emptively sided against Labor ahead of a possible hung Parliament.
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World
Pompeo heads to Lebanon
Lebanon has long been a political battleground in the region-wide struggle between Washington and Tehran.
US fund Elliott battles the odds in latest showdown
Elliott's challenge to South Korea's second-biggest family-run conglomerate is the latest example of shareholder activism in Asia's fourth-biggest economy.
- Opinion
- Consumer confidence
Global headwinds compound merger indigestion at FedEx
Slowing trade and economic growth is a challenge for FedEx. But its immediate problem is its poor integration of TNT, the rival it bought in 2016.
Trump's man in the Fed helps explain its dovish turn
Richard Clarida, an economist and former Pimco managing director, was appointed vice-chairman of the Fed Open Market Committee in October.
Past quarter was one of worst in UBS history
The Swiss bank is deepening cost cuts by $US300 billion and slowing down new hires as it confronts uncertain European trading conditions.
Real Estate
Mortgage delinquencies to rise
The surge in interest-only loans written five years ago at the height of the boom are now rolling, with borrowers facing higher monthly repayments.
Singaporeans snap up Melbourne shed for $41m
Post-acquisition, Cache Logistics will own 17 properties in Australia and 10 in Singapore.
The enclave where property royalty live
This harbour-front enclave in Vaucluse is home to a select group who have made their money almost exclusively from property in one form or another.
Brisbane suffers from student accommodation oversupply
High house prices mean more people will rent longer, pushing students into other accommodation.
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.
Personal Finance
- Opinion
- Consumer rights
How to spot a perfectly managed apartment block
The obvious answer is to avoid the bad ones. To do that, look for clear signs that the building isn’t being properly looked after.
- Opinion
- Retirement living
If you don't know what you want from aged care, you'll pay
The key to maintaining choice and control is to plan ahead. Decide what is important to you and understand what this may cost.
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.
Technology
Inside YouTube's battle to shut down shooting
Despite being one of the crown jewels of Google's stable of massively profitable and popular online services, for many hours YouTube could not stop the flood of users who uploaded and re-uploaded footage showing the mass murder of Muslims.
Why James Baillieu doesn't believe in the Updater unicorn
After controversially de-listing from the ASX to pursue other funding options, the relocation services company's capital raising may be derailed by one frustrated investor.
- Exclusive
- Funding
Skedulo closes $US28m raise
Skedulo has closed a $US28 million capital raise led by Microsoft's M12 venture-capital fund as the company aims for enterprise software leadership.
Leadership
Books: how to write a great speech, and Asia rising
New books reveal the secrets of speechwriting, why Asia is reshaping the world order, and the life of Arabs in the US.
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.
Lifestyle
The bible gets a Millennial makeover
A Californian start-up is redesigning the holy book for a generation that very much judges a product by its packagaing.
The drink that stole the Australian Open
Of all the numbers associated with this year's Australian Open tennis tournament, 1573 is one you're likely to remember.
Film review: Destroyer keeps you guessing
Nicole Kidman is barely recognisable as a cop with a dark past in this tale of revenge.
The latest trends in watches at the fairs
What's seen on wrists at recent watch fairs in Geneva and Basel points to the next big things in horological circles.
It seems there is a market for an $80,000 Mercedes ute
There's plenty of room to run the kids to school. But the big tough X350d is a pretty harsh ride round the city.
Most Viewed
Exclusive enclave of Hermit Bay in Vaucluse home to rich property crowd
Property prices may fall 12pc under Labor
Brickworks predicts re-run of 1980s housing market
The drink that stole the show at the Australian Open
Labor commits to build fast train from Melbourne to Brisbane
Odds blow out in favour of Coalition in NSW election