Blue Sky's debt and disclosure timebomb
Blue Sky's deliberately opaque model should have been a warning sign to investors lured by its big returns.
Banks power stocks rally as policy risks recede
The end of franking credit reform and the dissipation of tail risks to housing have prompted a massive rally in bank shares.
Economic double-shot may help ScoMo
Prime Minister Scott Morrison's new government might be able to keep ahead of a global economic slowdown with two key changes in the next few months.
Why this fundie is spurning big tech
Melbourne-based Bell Asset Management is betting on lesser-known tech names like Amadeus, Check Point and Sysmex rather than FAANG stocks ... and it's working.
Smaller lenders slice rates
Lenders are expected to improve incentives and rates in expectation of the promised first home-buyer guarantee scheme and a reprieve for negative gearing concessions.
Blue Sky goes under, KordaMentha appointed receivers
A year after vigorously defending its financial performance, receivers have been appointed to fund manager Blue Sky.
- Live
- Markets Live
Private health stocks surge 12pc on Coalition victory
Nib is up 12 per cent and Medibank Private 11 per cent as Labor's threat to introduce price caps on premiums disappears
Federal election
Retailers rejoice as Coalition tax cuts loom
Retailers hope for a spending boost from new tax cuts and are relieved proposed Labor policies that were set to lift penalty rates are off the table.
Hallelujah: Brokers rejoice over Coalition win
Mortgage brokers win a reprieve after controversial policy to scuttle upfront and trailing commission is defeated.
PM to face pressure on Huawei, Belt and Road
Scott Morrison will be under pressure from Beijing to review the Coalition's ban on Huawei if he wants to mend relations with Australia's biggest trading partner.
Labor misread franking revolt
Fund manager Geoff Wilson says Labor's franking credit fund policy was poorly thought out and illogical.
Coalition closes in on majority, Labor splits
The Coalition is set to form majority government following Saturday's federal election while a gutted Labor Party is digging in for a possible three-way leadership contest.
Business
Revival in WA onshore gas exploration gets pulses racing
Two wells to be drilled in the Perth Basin are aiming to prove the large Waitsia onshore gas find wasn't a one-off.
Health insurers lead post-election sharemarket rally
While NIB and Medicare Private led ASX gains on Monday, one analyst has cautioned investors that the future is not worry-free.
Elders CEO eyes ScoMo real estate bump
Elders boss Mark Allison expects his real estate arm to pick up after ScoMo's win but drought has hurt profits in the agricultural businesses.
Lynas looks to US as cloud hangs over Malaysia
CEO Amanda Lacaze says its joint venture in Texas will create the world’s only large-scale producer of separated medium and heavy rare earth products outside of China.
- Exclusive
- Funding
Fintech lender raises $8m and banks on Prospa IPO boost
Lumi is expecting a growth spurt thanks to competitor Prospa's upcoming listing, which it says adds credibility to the sector.
Incitec back on track in US as Gibson Island decision looms
Queensland's Gibson Island fertiliser plant may close by December if a gas deal cannot be struck.
- Exclusive
- Streaming
Foxtel in tough talks with BBC, Discovery on costs
Foxtel is locked in renegotiations with major content providers as it strives to reduce programming costs but also secure more catch-up rights.
Markets
Morrison makes markets great again
The sharemarket surged to a level not seen since 2007 after the Coalition's victory pushed banks and insurers higher.
What happened in markets before the bell
Australian shares are poised to edge higher at the open amid a continuing clouded global trade outlook.
The strategy behind Australian Eagle's high-altitude returns
Sean Sequeira says there's value hiding in every business - just don't take the CEO's word for it. His long-short fund has returned 19.7 per cent a year.
After the election comes the real test for shares
The fundamental difference between Labor and the Liberals came down to how to cut up the pie – owners versus workers – rather than how to grow it.
Investors set sights on market rally after the polls
Expectations indicate the Coalition's apparent win will spark a rally on the ASX, while investors say they will keep the pressure on boards to maximise franking value.
Opinion
Quiet Aussies reject Labor's dogma
For Labor, this loss is devastating. Its basic assessment of the Australian community turned out to be wrong.
Editorial
ScoMo's victory due to elegant simplicity
The belief ScoMo could win was premised on pure first principles logic. In fact, he intuitively felt like a good trade – a massively mispriced asset, writes Chris Joye.
Columnist
Labor paid a heavy price for its climate virtue signalling
Less well-off Australians baulked at paying more than than our fair share of climate costs.
Columnist
It's ScoMo's show, all he needs is an agenda
Labor's campaign was anti-aspirational and people who wanted to vote Labor because of climate change or because the Coalition was a rabble, had to do so at the expense of their finances, writes Phil Coorey.
Political Editor
Politics
PM to face pressure on Huawei, Belt and Road
Scott Morrison will be under pressure from Beijing to review the Coalition's ban on Huawei if he wants to mend relations with Australia's biggest trading partner.
- Opinion
- Federal election
Labor paid heavy price for climate virtue signalling
Less well-off Australians baulked at paying more than than our fair share of climate costs, writes Alexander Downer.
Albanese, Bowen, Plibersek in leadership tilt
Anthony Albanese, Chris Bowen and Tanya Plibersek look set to contest the Labor leadership after Bill Shorten announced plans to quit following his shock election loss.
ABC push to lock in funding after Coalition win
The Coalition's surprise victory means the ABC will miss out on Labor's multi-million dollar commitments.
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World
- Analysis
- Boeing crisis
Can Boeing's Muilenburg engineer a recovery course?
Facing investigations and lawsuits, the company’s chief executive is struggling to restore public confidence after two fatal crashes.
Trump threatens Iran with its 'official end'
'Never threaten the United States again!' Donald Trump tweets, pledging an end to the thousands-year history of Persia in the event of conflict.
Fernandez to run as Argentina VP candidate
Investors worry the former president's stepping aside will boost the chances of a Peronist win and overturning efforts to right a shattered economy.
Deutsche staff tried to alert watchdog on Trump
Deutsche Bank executives refused to escalate staff concerns of suspicious activity in Trump's multibillion-dollar loan activity during his White House run.
Crown pursuer in talks to sell $3.8b Boston casino
A potential sale of Wynn's near-completed $3.8 billion Boston casino would leave it flush with cash for another look at Crown.
Real Estate
'This takes me back to the days of 2016, the boom market'
A Strathfield home did well to get $2.2 million at auction. Then a second round of bidding pushed it up $200k. A year ago, it would've gone for $2.7 million.
Labor loss to deliver a positive property 'shock'
Expect a rebound in Australia's property markets - that's the view from economists and industry following Labor's failure to win.
Great news on housing. Can we have BTR next?, property CEOs ask
While the property industry opposed Labor's negative gearing changes, it liked the tax concession it offered institutional landlords.
- Exclusive
- Property development
Aqualand and Develotek to build apartments over large Chatswood site
The resilient and ever-popular suburb of Chatswood will get more apartments.
CBRE appoints John McKillop to chair Pacific Agribusiness
Former Hassad Australia chief executive takes newly created role.
Personal Finance
- Opinion
- SMSFs
SMSFs worthwhile if you maximise the benefits
Want control over costs, investments and inheritance? As you can increasingly get more of these elsewhere, it's worth asking how much you value your DIY super fund.
Wilson's franking fight was personal
For fund manger Geoff Wilson, the fight against Labor's franking credit policy was at times emotional and brutal.
- Opinion
- How to invest
How gold, cryptocurrencies can help portfolio diversification
Assets that are perfectly positively correlated move in lockstep, which is why negative correlation is far more valuable.
Technology
Google cuts Huawei off from updates
The move is a blow to the Chinese technology company that the US government has sought to blacklist around the world.
Lawyers, ATO caught out in Guvera's $40m collapse
Guvera's collapse not only caught out $180 million in investors, there's also $40m in creditors including a top law firm chasing its bill.
Redflow wins smart grid contract
Energy storage company Redflow has shown big opportunities are out there for Australian businesses with China's investment to low-carbon technology.
Leadership
New government: bad for unis, good for NAPLAN
The Coalition is not on good terms with universities. It likes the transparency it can get from NAPLAN.
Unis make big lift in research productivity
Research productivity is growing at 3.25 per cent. Teaching productivity has been going up too. But not as fast.
Lifestyle
- Opinion
- Gadgets
9 things I realised after giving Apple products up for one week
I've been loyal to Apple for 12 years but used other company’s products for a week to see how I’d manage.
Rihanna fashions a new chapter in luxury with LVMH
The Barbadian star will become the first woman to create an original brand for the conglomerate and the first woman of colour to head one of its maisons.
Kate-Miller Heidke finishes ninth in Eurovision
Kate Miller-Heidke has clinched ninth place for Australia in the Eurovision grand final with a "joyous" performance that left some predicting she would be crowned winner.
- Opinion
- Eurovision
Silly music and serious politics? Or vice versa?
Europe's kitschy karaoke-fest looks like harmless, ironic self-parody. But is there a troubled geopolitical underbelly?
How Canon in D Major became the wedding song
An obscure piece of baroque music has became the go-to tune to walk down the aisle to.
