The market heads into its euphoria stage
SG Hiscock's Hamish Tadgell says there are tell-tale signs the market is heading into its euphoria stage, the final one before despair. He explains why he likes Tabcorp, Amcor and CSL.
PM's late pitch for young voters
Scott Morrison has made a pitch for the young vote less than a week before the election, offering a $500 million deposit guarantee to enable first homebuyers to enter the market more quickly.
- Exclusive
- Food & drink
Coles fast tracks its convenience strategy
Coles is adding 75 new products to its existing range – including smashed avocado and toast – and refurbishing 100 supermarkets to stock more ready-to-eat food and semi-prepared meals.
- Opinion
- Chanticleer
What's keeping these Aussie mega investors awake
Global trade, low returns and the emergence of new business models are interrupting the sleep of three of our biggest super fund chief investment officers.
- Exclusive
- Federal election
We need a national energy policy: Woodside
Woodside says Australia needs to end its climate policy wars as a matter of priority after Saturday's federal election.
The next deal will be 'far worse' Trump warns China
Donald Trump is challenging China to return to the negotiating table and do a trade deal with him before the next US presidential election, or face even tougher demands in his second term.
US-China trade war to shake up investing
The US-China trade and technology war will present risks and new opportunities for equity investors, says Capital Group's Matt Reynolds.
Federal Election
Morrison pledges $500m for first-home buyer deposits
A Coalition government will spend as much as $500 million on home loan deposits for first-home buyers who cannot reach the 20 per cent that most banks require.
Adani mine faces potentially fatal blow
The Palaszczuk government has dealt a potentially fatal blow for Indian energy company Adani's hopes of building its $2 billion coal mine.
- Opinion
- Federal election
No foot stomping in half-empty hall
The Coalition could have done with a rev up on Sunday, a new line of attack. Instead, Scott Morrison's campaign launch was flat, deliberately austere even.
Newstart review to go beyond adequacy of the dole
Bill Shorten has signalled a review expected to increase the rate of Newstart will look more broadly at support for the unemployed.
Who will hold the power in a Shorten government?
With the polls suggesting Labor is on the cusp of an election victory, these key players could soon be holding the levers of power.
Business
Chairman's 'insider sale' adds to questions over Hub24
A $3.3 million share sale by the fintech's chairman Bruce Higgins has roused the interest of short-sellers.
De Ferrari steps up efforts to regain trust in AMP
AMP chief executive Francesco De Ferrari said the beleaguered wealth manager has made important changes to the way it is governed as it seeks to win back the trust of customers.
AMP Bank catching up to the big four on interest rates, fees
The banking division of the wealth giant will lure in customers with an introductory rate on savings and free ATM access.
Vale flags three-year iron supply impact
But more than half of the Brazilian miner's shuttered supply could return within a year.
Daigou shift causes rethink for Blackmores rival Swisse
Daigou traders have become more timid but they are still a big swing factor in Australian vitamins, and Swisse thinks it has the answers.
IFM in $9.3b US pipeline buy
IFM Investors continued its expansion into the US energy sector with the $9.3 billion purchase of Houston-based pipeline operator Buckeye.
Albemarle warns on Wodgina if lithium demand is soft
US giant Albemarle will switch off its new lithium asset in Western Australia's Pilbara region if demand for the battery commodity proves to be weak.
Markets
- Opinion
- World markets
The Fed's obsession with the S&P 500 will end in tears
Central banks having the equity market’s back doesn’t seem like a good thing for regular people, and even less so for the next generation, says Vimal Gor.
Bank funding costs hit 'record lows': Reserve Bank
Australia's banks have many challenges at the moment but funding costs are not one of them.
Australian wheat exports near a 50-year low
International demand for Australian wheat has collapsed and exports are likely to hit an almost 50-year low as Indonesia and other major customers look to cheaper sources in the Black Sea.
US-China trade war to shake up investing
The US-China trade and technology war will present risks and new opportunities for equity investors, says Capital Group's Matt Reynolds.
- Opinion
- Chanticleer
How to invest $1 billion with purpose
Andy Kuper has proven the notion of profit with purpose is not an academic concept. His LeapFrog private equity business has reached 167 million people living in poverty and achieved returns of about 40 per cent per annum.
Opinion
Liberals' narrative sadly lacking credible growth agenda
Sunday's campaign launch finally saw Scott Morrison sharpen up the Coalition’s growth narrative, pitching its policy suite to aspirational Australians.
Editorial
What's keeping these Aussie mega investors awake
Global trade, low returns and the emergence of new business models are interrupting the sleep of three of our biggest super fund chief investment officers.
Columnist
No foot stomping in half-empty hall
The Coalition could have done with a rev up on Sunday, a new line of attack. Instead, Scott Morrison's campaign launch was flat, deliberately austere even.
Political Editor
What if Vale is being too optimistic by half
The owner of the world's two biggest tailings dam disasters says output will return to historic trend within three years. But, what if Vale is being too optimistic by half.
Columnist
Politics
- Opinion
- Federal election
Left's faux fairness puts opportunity society at risk
One of the ironies of current politics is that a swing in only a few seats could result in a huge ideological shift in Australia, writes Tom Switzer.
- Opinion
- Federal election
Could there be an upset in Tasmania?
Tasmanian politics is distinctive. Voters have ignored national trends and delivered a fair share of upsets in recent elections, writes Richard Eccleston.
Mark Butler aims to crack power investment logjam
Electricity reform will be first cab off the rank in a sweeping rewrite of energy and environmental laws under a Labor government, shadow minister Mark Butler said.
- Exclusive
- Federal election
Major parties bill taxpayers $2.2m for overseas networking
The major parties have spent $2.2 million more in taxpayer funds to attend overseas political conferences, run networking events and bring friendly activists to Australia.
'Simple, decent, honest': PM strikes personal note at launch
Scott Morrison sought to set aside partisan competition at Sunday's Coalition election launch, offering voters a view of himself as a father and a leader with vision.
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World
- Opinion
- Donald Trump
Class naysayers can't deny Trump prosperity
Democrats pretending that US prosperity isn't really happening – or that it doesn't matter – will only send a message that the party still doesn't get it.
Australian lessons from Trump's jobs boom
Not since Woodstock, the Beatles’ Abbey Road album and the first Moon landings has an American labour market looked so healthy, writes Jacob Greber.
Britain's buoyant jobs market belies Brexit blues
The economy is lacklustre, so why is the unemployment rate the lowest in 44 years?
The next deal will be 'far worse' Trump warns China
Donald Trump is challenging China to return to the negotiating table and do a trade deal with him before the next US presidential election, or face even tougher demands in his second term.
Chinese companies caught off-guard by US on trade
Many companies say they cannot shoulder the huge additional costs and lack viable options to immediately modify their supply chains.
Real Estate
Canadians to step up investment after Healthscope deal
Singapore's GIC is taking a large stake in Healthscope's hospitals portfolio through a joint venture with Canada's NorthWest Healthcare Properties.
Sydney office vacancy rate to stay below 5pc
A combination of pent-up demand and high pre-commitment levels will keep the vacancy rate below 5 per cent.
'Inevitable' Australia to follow UK on cladding
Owners of 1000-plus private buildings in this country have been failed by governments of both stripes.
New $150m farm fund taps global demand
"Our aim is to build a portfolio of 30 to 40 assets in Western and Eastern Australia" says Stafford head of investments James Allen.
Hong Kong prices to rise for a decade
Prices are set to rise for another decade in the world's least affordable property market, Hong Kong, according to UBS Group AG.
Personal Finance
How to escape the franking credit trap
Whether Labor's franking plan goes ahead is a moot point but advisers say it would just change SMSF behaviour, leading to lower government tax coffers.
Loss of franking credits will lead to $100b SMSF exodus
If Labor succeeds in making franking credits non-refundable, retirees will flee SMSFs in a bid to get maximum value from their shareholdings, Realm risk committee chairman Ken Liow said.
- Opinion
- Monetary policy
The coming of Aussie quantitative easing
RBA Governor Phil Lowe may be comfortable cutting rates because he has unconventional tools at his disposal as the cash rate nears zero.
Technology
Beware of Amazon's entry into logistics
Amazon is investing in driverless vehicles, freight brokerage, air cargo and small delivery businesses to cut annual shipping costs of $US28 billion.
- Opinion
- IPO
Uber's under-performance needs a deadline
Until a convincing plan for profitability appears, ordering an Uber will be a safer way to extract money from the company than investing in its stock.
- Opinion
- AI
Data economy means more change to Australia
The 15-year rise of platform companies has largely gone unchecked. It's time for Australia to take the lead in setting an ethical framework for data collection, writes Adrian Turner.
Leadership
Research black hole plagues universities
Neither party is prepared to spend big, despite some lofty ambitions, and business is in retreat on R&D.
ETU calls for Ausgrid super fund intervention
The Electrical Trades Union says Ausgrid's industry fund owners have ethical investment obligations to protect workers as it braces for hundreds of job cuts.
Lifestyle
'I couldn't afford to do it myself'
Kate Miller-Heidke, Australia's 2019 Eurovision representative, has had to dig deep to secure her place in the singing competition.
Archibald winner reflects the changing face of Australian art
The subject of the winning entrant in the prestigious prize is, for the first time in its 98-year history, an Asian-Australian.
Why live music is rarely live
Pop stars were once expected to be able to deliver the goods aided only by a mic and a band.
History lesson finely crafted in Peterloo
On the 200th anniversary of Peterloo, director Mike Leigh is asking why this seminal moment in English history is not better known and more widely commemorated.
The works that changed art forever
Marcel Duchamp redefined what art was. An exhibition brings together iconic pieces and some of his lesser-known works.
