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Underdog ScoMo has a shot

Underdog ScoMo has a shot

The election will be much closer than political pundits project, only because Labor’s "tax everything that moves" platform has given ScoMo a chance of pulling off a minor miracle, writes Christopher Joye.

NAB remediation bill hits $1.1b

NAB remediation bill hits $1.1b

National Australia Bank says it will cop an extra $525 million after-tax hit through new customer remediation costs, mostly related to its wealth arm.

Atlassian shares hit on Q3 guidance

Atlassian shares hit on Q3 guidance

Despite the hefty revenue jump, investors pushed the company down more than 9 per cent in after-hours trade on the Nasdaq.

Jobless rate rises to 5pc, shares plunge

Australian shares have plunged after the jobless rate rose to 5 per cent and firmly lifted the Australian dollar.

Labor suddenly looks exposed

Labor, as one MP put it, suddenly feels as though "we've got our arse hanging out in the breeze'', says Political Editor Phillip Coorey.

Senator who killed company tax cuts calls it quits

Tim Storer, the Senator who cost the government its company tax cuts, has quit politics after 14 months.

It's now or never for Jokowi to fix Indonesia

Unofficial results show Jokowi defeating his rival, but the bigger question now is whether he will learn from the missteps and take tough measures to get Southeast Asia's biggest economy humming.

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Business

Fortescue iron ore prices jump 47pc

Fortescue iron ore prices jump 47pc

The Pilbara-based miner received an average price of $US71 a tonne ($99 a tonne) in the March quarter.

Sanjeev Gupta steps up steel expansion

Sanjeev Gupta steps up steel expansion

The British billionaire is setting up a new corporate structure where steel plants in the UK, Europe and at South Australia's Whyalla will sit under one roof.

Suppliers call for  intervention over supermarkets

Suppliers call for  intervention over supermarkets

Industry sources say the big supermarket chains are threatening to cut off suppliers who are seeking price rises to cover costs.

From chocolate to chia - Darrell Lea turns healthy

From chocolate to chia - Darrell Lea turns healthy

Darrell Lea and its stable of liquorice and rocky road will be joined by a sister company specialising in sugar-free chocolate, protein bars and nut bites.

BHP plants more copper acorns in Ecuador and Canada

Andrew Mackenzie has seeded the future oaks of BHP's global mining estate.

Dulux agrees to Nippon Paints' $3.8b takeover

Dulux boss Patrick Houlihan, who has been at the helm for 12 years, intends staying on after the $3.8 billion takeover by Nippon Paints.

New life for Canberra transport as rail line opens

Canberra's light rail project beats Sydney's out of the blocks – without blowing its business-case budget.

Markets

Jerome Powell adopts an inflation stance Janet Yellen shunned

Jerome Powell adopts an inflation stance Janet Yellen shunned

The Federal Reserve chairman and his colleagues have put policy on hold until sub-par inflation rises convincingly.

Pinterest shuns 'social media' label as it readies IPO

Pinterest shuns 'social media' label as it readies IPO

Pinterest hopes to raise as much as $US1.28 billion by offering access to its vast user community but can it compete with newer, hotter startups?

What happened in markets before the bell 

What happened in markets before the bell 

US stocks had earlier eyed a return to all-time highs on the back of upbeat Chinese data that eased concerns about the health of its economy.

Job ads slide again ahead of key employment data

The growth in job ads is slowing but still at high levels the latest SEEK employment report shows.

Qualcomm gains $US30b in value after Apple settlement

Resolving the dispute with Apple could help the chipmaker return to market dominance in the 5G network market.

Opinion

Labor suddenly looks exposed

Labor, as one MP put it, suddenly feels as though "we've got our arse hanging out in the breeze''.

Phillip Coorey

Political Editor

Phillip Coorey

Australians deserve a better post-Easter election campaign

Indulging voter complaints may prove one way to win an election, but such a narrow campaign lets Australians down.

The AFR View

Editorial

The AFR View

BHP plants copper acorns in Ecuador and Canada

Andrew Mackenzie has seeded the future oaks of BHP's global mining estate.

Why industry funds must ignore activism

Once you accept the argument that any institution has a right to use other people's money for purposes outside its mandate, you open a Pandora's box of possibilities.

Karen Maley

Columnist

Karen Maley
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Politics

Shorten 'superficial' on policy, PM says, after super gaffe

Shorten 'superficial' on policy, PM says, after super gaffe

In an interview with the AFR while on the campaign trail, the Prime Minister vows to leave no stone unturned as he launches a raid on Labor's Tasmanian seats.

Budget update fails to quell row over tax cuts

Budget update fails to quell row over tax cuts

The pre-election budget update has done little to settle the political row over tax cuts and how they will be paid for.

Labor states issue please explain on $40b 'cuts'

Labor states issue please explain on $40b 'cuts'

State and territory Labor Treasurers have demanded that Josh Frydenberg guarantee no cuts to essential services in order to fund tax cuts, after analysis found $40 billion in annual cuts would be needed.

High Court backs developer donation ban

Former LNP president Gary Spence has lost his challenge against Queensland's political donation laws

 Shorten defends ALP climate policy 

Labor has cited the government's own climate change modelling to defend its plans.

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World

US and China plan further rounds of trade talks

US and China plan further rounds of trade talks

Robert Lighthizer and Steven Mnuchin are scheduled to fly to Beijing for face to face talks that bolster hope of a trade deal by late May.

Jokowi set to consolidate  with second-term win

Jokowi set to consolidate  with second-term win

After an bitter seven month campaign, President Jokowi is on track to win a second, five-year term as worries persist that his challenger will not accept the result.

Peruvian ex-president dies after shooting himself in raid

Peruvian ex-president dies after shooting himself in raid

Alan Garcia, who led the country for a total of 10 years, shot himself after police arrived to arrest him over a bribery investigation.

China's growth rate stabilises after earlier wobbles

China's economy is showing signs of stabilising after a weak January and February.

Manhunt ends in death for teen fixated on Columbine

Authorities feared 18-year-old Sol Pais had bought a shotgun and travelled to Colorado to carry out a school shooting "inspired" by Columbine high school.

Real Estate

Melbourne West still the best for housing

Melbourne West still the best for housing

Rockbank-Mount Cottrell was one of 12 Melbourne locations to rank in the Top 20 building and population hotspots list.

Transport liquidity: Car Next Door seeks growth in outer suburbs

Transport liquidity: Car Next Door seeks growth in outer suburbs

Car sharing platform has cut entry costs to get owners to sign up in lower-traffic areas.

Charter Hall gets tech designer Gensler for 80,000 sq m tower

Charter Hall gets tech designer Gensler for 80,000 sq m tower

Landlord plans new office complex on Collins Street that would appeal to an advisory, tech or finance employer.

Opal builder to pay lost rent amid rorts

Landlords have struck a deal with Icon for the builder to pay them rent on empty units which  either cannot be occupied or have been vacated by tenants.

Property NSW takes out Charter Hall's tower

Charter Hall has all but filled an Elizabeth Street building it bought two years ago in the Sydney CBD with a large and looming lease expiry.

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Personal Finance

Savers rates fall eight times more than mortgages

Savers rates fall eight times more than mortgages

Savers need to shop around or expect low returns.

Tax Office to ramp up audits of landlords

One investor was fined over $12,000 for over-claiming deductions on a holiday home when investigations revealed it was not made genuinely available for rent.

Impact of Easter penalty rate cuts 'exaggerated'

Employers say union research claiming hospitality and retail workers will miss out on $80 million in penalty rates over Easter is filled with inaccuracies.

Technology

Investors wave through MYOB takeover

Investors wave through MYOB takeover

Investors voted to send the company, which creates tax and accounting software, into the hands of private equity firm Kohlberg Kravis Roberts on Wednesday.

Disclosure cloud over Afterpay's US growth push

Disclosure cloud over Afterpay's US growth push

Afterpay is touting the US as its big growth opportunity. But recent disclosures cast doubt on how much of its US operation it actually owns.

ReadyTech up 18 per cent on debut

ReadyTech up 18 per cent on debut

The education and HR software company has defied the expectations of institutional investors and performed strongly in early trade on the ASX.

Leadership

Can a boy from the bush save financial advice?

Can a boy from the bush save financial advice?

Viridian founder Glenn Calder says there's a better way to provide financial advice but insists the system has to be commercially viable.

Lecturer Tim Anderson sues Sydney University over sacking

A controversial academic fired over swastika slides has launched legal action that could have broad ramifications for freedom of speech in the workplace.

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Lifestyle

Braised sweetbreads at the Olympics of cooking

Braised sweetbreads at the Olympics of cooking

Months of intensive training for Australian chef Michael Cole and his apprentice Laura Skvor are distilled in 5½ crazy, loud hours at the Bocuse d'Or.

Your brain is making you fat

Your brain is making you fat

Obesity is a disease, say global experts, and we need a new approach to treating it beyond endless fad diets.

Have your cake and eat it with the Benz C-Class sedan

Have your cake and eat it with the Benz C-Class sedan

The new-look AMG C63 S blows away the competition with its high performance and comfort, writes Tony Davis.

Transforming an iconic British bike brand

Transforming an iconic British bike brand

Royal Enfield's motorcycles might hark back to the glory days of English engineering, but these new classics come straight out of Chennai, writes Tony Davis.

The vegan boom is more than just a blip

The vegan boom is more than just a blip

Going meat-free might not be the norm, but it’s no longer not normal for those under 40.

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