Melbourne price falls eclipse '90s recession
Property prices in Sydney have now fallen 13.9 per cent since they peaked while Melbourne is down 10.7 per cent.
How McKinsey partners deal with disruption
McKinsey partners are discovering it's not just their clients whose jobs are changing due to digital disruption, as they accept they can't know everything.
- Analysis
- US election
The bond market shadow over Donald Trump’s re-election
While the president celebrated the end of the Mueller inquiry last week, the risk of recession is rising.
The art of picking disaster-proof stocks
Fund manager Barnaby Wiener holds grave concerns about the future of capitalism. So how does he invest in a highly leveraged, politically volatile world?
- Live
- Markets Live
Woolworths up 2pc on $1.7b buy-back
S&P/ASX 200 is up 44 points, consumer staples are outperforming thanks to Elders and Woolies
Labor's emissions trading scheme
Industry's 250 heaviest polluters will face penalties for breaching emissions caps and 50pc of new cars will be electric by 2030, under Labor's ambitious climate change policy.
Woolworths to shut 30 Big W stores
The supermarket giant will book $370 million in one-off costs this year after biting the bullet on its loss-making Big W chain.
Business
Banks may face UK-style claims as costs tipped to hit $6b
If the experience of the UK banks is anything to go by, Australia's banks could be mired in misconduct claims for years to come.
Australian banks have fingers crossed for a Brexit delay
Contingency plans are well advanced but nobody yet has a formal green light from European regulators.
Lion adds UK craft beer brand with Magic Rock acquisition
Food and beverage giant Lion is tapping the growing UK craft beer market.
Graeme Bevans goes it alone at Atlas Arteria
Atlas Arteria has formally split from Macquarie, but still has to pay the financial group $12m a year for looking after its most valuable toll road asset.
- Opinion
- Life insurance
Self-regulation of life insurance is failing
The inaugural report into the $40 billion life insurance sector shows industry self-regulation is failing.
Telstra's digital billboard rollout faces backlash
The City of Sydney is closely watching a move by its counterpart in Melbourne to block digital advertising billboards in Telstra's payphone network upgrade.
Social giants face regulatory backlash
Social media companies risk tough regulation by frustrated governments across the world if they do not eradicate hate content on their platforms.
Markets
What happened in markets before the bell
Australian shares, having had a banner start to the year, are poised to start the second quarter on the front foot.
Economists predict rates to stay on hold this year
Market economists don't expect the cash rate to rise - or fall - this year, The Australian Financial Review's quarterly economist survey has revealed.
ASX to extend strong quarter ahead of budget
The Australian sharemarket is set to extend big first-quarter gains at the start of a week where the federal budget and a RBA rate decision will take centre stage.
US equities running out of catalysts, for now
The March quarter's valuation surge has been so strong that even US equity bulls see the potential for short-term consolidation.
Eclipx shows how to blow up $900 million in value
The speed at which Eclipx has fallen from grace has alarmed investors.
Opinion
How Wesfarmers planned to solve the Lynas dilemma
The rare earths takeover target has shuffled its advisory team as it refines its aggressive defence strategy.
Columnist
Why cash handouts are bad policy
The best way to fix sky high electricity prices and to deliver sustained household income increases is a coherent energy and tax reform agenda.
Senior Reporter
Self-regulation of life insurance is failing
The inaugural report into the $40 billion life insurance sector shows industry self-regulation is failing.
Business columnist
The cash splash that dare not speak its name
The catch – for both parties – is what's happening in the market economy at the same time that the political economy is in hyper-drive. Those two forces seem to be pulling in contradictory directions
Columnist
Politics
- Exclusive
- NSW Votes
How the Liberal Party won NSW
Facing possible defeat in NSW, Liberal Party leader Gladys Berejiklian decided to out-Labor the Labor Party.
Labor investor hit to favour big super
Labor's tax crackdown on real estate and franking credits for mum and dad investors and self managed super will push billions of dollars into big industry and retail super funds.
Labor to support budget cash splash
Labor says it won't be outbid in Tuesday's budget and will deliver its own major economic statement in the second half of this year.
Top 10 seats for housing stress are all Labor
The top 10 electorates with the most housing stress are all in Labor seats, and five are in Western Sydney, new analysis shows.
'Can't afford it': Small business plea to Labor
Small business owners said they will have to work more hours and cut back on staff if Labor legislates a "living wage" saying they are already dealing with higher power prices, rents and drought.
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World
- Opinion
- Brexit chaos
The Tories need to believe in Britain again
"We need to get on with delivering Brexit and rediscover our passion for One Nation Toryism," writes Boris Johnson.
- Analysis
- Brexit chaos
Britain reaches last-chance saloon
As parliament seeks a new way out, PM Theresa May soldiers on and the EU holds its counsel. Will there be a long delay, a cliff-edge, or an election?
Zuckerberg calls for global regulation
The Facebook CEO's comments mark his most visible effort to shape the discourse around the way the company collects information, uses and disperses it around the world.
- Analysis
- World politics
It's now official - the Asian century is set to begin
Asian economies will be larger than the rest of the world combined in 2020, for the first time since the 19th century.
ECB looks set to follow in the Fed's footsteps
The ECB has signalled a much longer monetary pause after its chief worried publicly about negative interest rates.
Real Estate
Hanwha snaps up $25m Warragundi aggregation
In Australia, Hanwha's activities are focused on supplying solar panels to the renewable energy sector.
Drought sends Ceres into administration
Their appointment of administrators comes less than a week since sale of Ceres Ag's Brudle Park dry cropping aggregation for about $50m.
Nooken Farm a $10m trophy buy
The 378-hectare property at 1235 Taggerty-Thornton Road near Alexandra was renowned for decades as a Hereford Poll stud farm.
Tamawood is back on track after social media play
The Brisbane-based builder, which builds under the Dixon Homes brand, suffered a 12 per cent fall in revenue in the first half of 2019 compared to the previous year.
Gladstone Central finally sold for just over $20m
Goldman Sachs has sold the North Queensland asset which has had a troubled past.
Personal Finance
- Opinion
- Budgeting
$700,000 a year yet struggling? Let's do a double take
Here's the income and expenditure breakdown for a "struggling" couple on half a million US dollars a year.
- Opinion
- Australian economy
Reserve Bank will be acting too late to stop an Australian recession
If China fails to stimulate its economy to sufficiently drive global growth, a big slowdown here is almost certain.
- Opinion
- Pension
Watch your pension payments before June 30
If you haven't finalised your minimum payments, you'll need to speed up the process to beat the year-end.
Technology
CEO to give away two Teslas in prize error
Justin Sun, who built Tron into the 11th-largest cryptocurrency, announced an online Tesla giveaway and a winner - then changed his mind.
Super will help fund the next wave of unicorns
Top venture capitalists have tipped the likes of Athena Home Loans and Assembly Payments as the companies likely to follow in Airwallex's footsteps.
Airtasker growth picks up
The job outsourcing platform is expected to have seen substantial expansion in revenues since the $5.5 million posted in the year to June 30, 2017.
Leadership
- Exclusive
- AI
'Devastating': Robots to take 6.5 million jobs
The new wave of automation is hitting all sectors and levels in almost every job, including white collar workers like accountants and legal clerks, warn reports from Microsoft, Telstra and McKinsey.
Freehills lawyer investigated over 'inappropriate behaviour'
The president-elect of the Law Council has stepped aside over an allegation of 'inappropriate behaviour'.
Lifestyle
The watches worn by the most powerful people in business and finance
What do the world’s most powerful financiers, central bankers, and CEOs wear on their wrists? The answers may surprise you.
Qantas returns to Fiji after 20 years
Twenty years after pulling out of Fiji, Qantas is back on the Nadi runway.
Is there enough Grange to go round?
It's been a very lean harvest for Barossa Valley wine makers but the mastermind behind Australia's most famous wine says while Mother Nature can be cruel there's no need for hand wringing.
Drug lord 'El Chapo' is set to launch a fashion brand from prison
The convicted drug lord and his wife have stylish future plans: Creating clothing with the brand name "El Chapo".
What is the fascia? Scientists can't quite agree
You might have a vague notion that fascia exists, but you probably don't know much about it, or understand why it matters. Some in the medical community think the same way.
