Rich List 2019
Out now: The definitive list of Australia's wealthiest people, now in its 37th year.
See who made the cut
Auction clearance rates firm as buyers return
As more buyers head into the market, the auction clearance rate is at 61.5 per cent on preliminary figures nationally, compared to last week's 57.7 per cent.
Auction clearance rates firm as buyers return
As more buyers head into the market, the auction clearance rate is at 61.5 per cent on preliminary figures nationally, compared to last week's 57.7 per cent.
Albanese unveils new Labor team
Bill Shorten will have responsibility for the NDIS and Kristina Keneally has been given the key home affairs portfolio as part of Anthony Albanese's frontbench team.
- Analysis
- Trade wars
'He's acting like an emperor'
The economic damage from Donald Trump's tariff battles is shifting from the theoretical to the real.
Time for investors to get cash savvy
With expensive markets and a falling cash rate, you need to become more strategic about cash – both for buying opportunities in a fall and to maximise returns.
- Exclusive
- Gaming & wagering
James Packer: why I sold out of Crown
Mr Packer told AFR Weekend in a telephone call from Los Angeles what he will do with his money now and why he's so keen to lose weight.
Fundies seek to run down cash exposure, buying the dip
Fund managers are looking to reduce the amount of cash they hold in their portfolios, eyeing opportunities in the sharemarket instead.
Rich List 2019
- Exclusive
- Rich List
Jack Ma: My life after Alibaba
As Jack Ma prepares for life after Alibaba, he reflects on the ways his special relationship with Australia has shaped his objectives for the future.
How the Kardashians helped Afterpay go big in the US
When Nick Molnar took Afterpay into the world's biggest retailing market, he knew he had to kickstart growth. Then he got a call from the reality TV sisters with more than 660 million followers between them.
Billionaire Con Makris tips property upswing
The property billionaire started with one chicken shop and has built a $1.3 billion fortune in property and shopping centres.
- Opinion
- Rich List
The opportunity society that spurns class warfare
Australia’s rich are distinguished from the US and Europe for their lack of aristocrats, old-time monopolists and robber barons.
Meet Australia's newest Rich Listers
Many of the record number of 22 debutants represent fortunes being made very quickly.
Business
Lawrence Ho looms as James Packer's $9b man
Lawrence Ho has been integral to James Packer's biggest casino wins. He's paying Packer out again, but this time it's different.
- Exclusive
- Interest rates
Rate cuts to hit investors, bank profits
Lower lending rates and easier lending standards may reignite demand for home loans, but the move to zero rates will hurt bank profitability.
Ho plays down probity problems in Crown deal
New Crown shareholder Lawrence Ho insists his gaming tycoon father Stanley will have nothing to do with the casino company.
Ex-Treasurer breached duties in Vocation collapse
Former federal treasurer John Dawkins breached his director duties as chairman of Vocation, the Federal Court has found.
Adani prepares for next wave of activism against mine
Environmentalists have vowed to target construction of Adani's Carmichael mine even after final approvals.
Grattan Institute hits back at funds over super guarantee rise plan
Grattan Institute boss John Daley has hit back at super funds supporting a rise in compulsory contributions, saying the plan will benefit them by billions.
ANZ suspends Landmark White over second data breach
Lenders remained cautious as they tried to work out whether data breach affected them or their customers.
Markets
Fundies seek to run down cash exposure, buying the dip
Fund managers are looking to reduce the amount of cash they hold in their portfolios, eyeing opportunities in the sharemarket instead.
- Opinion
- Sharemarket
Investors can't bet on business as usual
The corporate landscape is being remade at an increasing pace and it seems ASX companies stand to lose more than they gain.
'Frenzied' rate cuts fall through 3pc benchmark to record lows
Lenders are aggressively competing for market share ahead of next Tuesday's RBA meeting.
FOMO is back as looming rate cut inspires home buyers
Interest rate cuts don't just matter on a macro level, regular people are paying attention too.
Election party's over, now it's 'back to the grindstone'
Despite a post-election lift, experts warn there are turbulent times ahead for banks, health insurers, mortgage brokers and the consumer discretionary sector.
Opinion
Albanese tries to change the game
Opposition Leader Anthony Albanese is trying to shift the media's attention to the government and its major policy challenges.
Columnist
Trump’s behaviour is in a dangerous new phase
Away from the pomp there’s a momentous argument brewing over what Donald Trump is doing to an alliance system that was forged 75 years ago.
United States Correspondent
Investors can't bet on business as usual
The corporate landscape is being remade at an increasing pace and it seems ASX companies stand to lose more than they gain.
Columnist
The Labor factional warlords who never went away
But the opposition's travails are far less important than the government's task ahead - which is bigger than it is admitting.
Editorial
Politics
Australia plays down US-China trade fears to focus on sports diplomacy
Hundreds of Australian business chiefs and football fans in Shanghai for an annual AFL match are upbeat but behind the bravado, people are are worried.
Right push for home affairs as Albanese sorts out frontbench
Senior Labor figures believe a tough politician will be needed in key portfolio to deflect attacks Labor is weak on border protection.
KKR hires Turnbull as global senior advisor
The appointment marks a return to the world of finance for the former managing director of Goldman Sachs.
How the new metro is recharging Sydney
It's had some teething problems, but Sydney's new automated metro line is already changing how people get around.
- Opinion
- Asia-Pacific
Stepping up in the Pacific means taking on China
Scott Morrison is genuinely interested in the Pacific, which suits his spymaster just fine, but engaging with the region as China looms large is no easy task.
SPONSORED
World
Airlines plead for regulators to unite on 737 Max's return
The fatal crashes in Indonesia and Ethiopia have shaken confidence in an aircraft certification process that for decades took its lead from the US.
- Opinion
- UK
Donald Trump’s state visit has Boris Johnson in the background
The UK-US special relationship is heading off into new and dangerous territory.
Shooting at Virginia Beach municipal hall leaves 12 dead
A disgruntled Virginia Beach city employee killed 11 people and wounded at least six others before he was killed himself, police said.
Spies worried over Trump's move to reveal secret Russia documents
A former spy chief says Donald Trump has posed a "dangerous challenge" to intelligence sharing.
- Opinion
- Border security
Trump’s behaviour is in a dangerous new phase
Away from the pomp there’s a momentous argument brewing over what Donald Trump is doing to an alliance system that was forged 75 years ago.
Real Estate
Steller puts South Melbourne site up for sale
The site at 200 Wells Street was one of a clutch of sites that Steller acquired in the second half of 2017.
Farm values to rise if drought persists: Rabobank
Even if weather conditions improve, and more properties are put up for sale, Rabobank said there would enough demand in the market to "limit any negative impact on prices".
- Opinion
- Flat Chat
$120,000 defamation payout is a strata shocker
Angry at what happens in the management of your building? Be careful how you express it because as this NSW court case shows, it can cost you.
Perth 'as good as it’s likely to get' for rental affordability
With little new housing stock - especially at the lower end - the WA capital is in for a time of surging rents when the market picks up.
No joy yet for housing construction as approvals sink
While the picture may be changing for house prices, dwelling construction remains subdued.
Personal Finance
How to deal with a spouse's inherited pension
The $1.6 million transfer balance cap continues to be an issue for readers, writes John Wasiliev, who answers your questions about superannuation.
- Opinion
- Superannuation
Flexible super contributions with a tax break
Want to get bonuses into your superannuation or reduce a capital gains tax bill? Here's how you almost lost this in the election and what you need to know.
- Opinion
- Sharemarket
Air-conditioning giant set to grow with climate change
An increasingly warmer climate is underpinning demand for Deakin's air-conditioning products, and in regions where incomes are also rising.
Technology
Looking back at a bearish Amazon call: Ritholtz
As William Goldman said about Hollywood: "Nobody knows anything." Something to keep in mind when considering the future of any company.
War of the YouTubers
It is being billed as the greatest scandal in YouTube's history and it was all over a $60 bottle of hair vitamins.
Liverpool show Moneyball works in soccer, too
Soccer was thought unsuitable for the analytical approach described in Michael Lewis’ book, but Liverpool's turnaround suggests data can work in football.
Leadership
The man filling Malcolm Turnbull's shoes
For a gentle man, new Wentworth MP Dave Sharma has a dark view of humanity - and is a foreign policy hawk.
Courts cast wary eye over class action deals
There is growing judicial scrutiny of class actions and pressure on the government to act.
Lifestyle
Stolen Hamilton letter exposes the sketchy world of fine art
That dusty old junk cluttering your attic just might be worth millions.
Broadway is booming
For an industry that was thought to be dying in the 1970s, Broadway is attracting big audiences.
Lifehacking: a publishing phenomenon but does it work?
“Lifehacking” is about using creative nous to eke out a competitive advantage in time management, personal health or even romance.
How two Melbourne mates took the terror out of having a stroke
Two neurologists have made a breakthrough that will open stroke treatment to millions around the world.
- Exclusive
- Architecture
The composer, the architect and the water tank in Cobar
Violinist Georges Lentz and architect Glenn Murcutt are working on an unusual musical collaboration - 700 kilometres west of Sydney.
