- Analysis
- Federal election
'Top end of town' were Shorten's only converts
The poor and the middle classes swung to the Coalition and the rich to Labor, according to new data that provides a remarkable insight into why Bill Shorten lost, writes Aaron Patrick.
- Analysis
- Bonds
The bond market may never return to 'normal'
The turnaround in interest rate markets in the past year has been stunning and definitive.
- Analysis
- Australian economy
Soft GDP needs consumer pick up
Government spending and resources exports are keeping Australia afloat, but domestically the rest of the economy is pretty soft.
ASX firms after Fed calms investor nerves
Australian shares firmed on Wednesday after the US Federal Reserve soothed investor nerves, saying it was open to rate cuts.
The economy faces 'real challenges'
Treasuser Josh Frydenberg has spruiked the government's tax cuts to stimulate spending as GDP figures show the economy grew at the slowest annual pace since 2009.
Vocus turnaround was too risky for EQT
CEO Kevin Russell says Vocus "is not for sale" and he is making steady progress in turning the company's fortunes around.
EY reveals detailed ASIC audit findings
EY has not just matched the audit quality inspection disclosure of its rivals, it has taken the unprecedented step of disclosing the details of the corporate regulator's findings about the firm's work.
Business
WA tells Malaysian minister it won't budge on Lynas waste
Malaysian Environment Minister Yeo Bee Yin's visit to Perth next week appears pointless as the state digs in on low-level radioactive residue.
Australian regulators 'lead ' on climate risk supervision
Australia's financial regulators have attracted international praise for leading a global push to put climate risk at the centre of financial supervision.
Woolworths rejigs stores as Coles shakes up milk supplies
Woolworths is changing its store operating model for the first time in 11 years to better serve customers seeking convenience and fresh foods.
Savers 'are getting zero': ANZ defends rate decision
ANZ chief executive Shayne Elliott said it was unfair to keep cutting depositor rates and penalising people who rely on interest income.
Dacian shares plummet in latest mine disappointment
Fire sale on the cards as Mount Morgans mine fails to deliver as promised.
Chinese retail giants, PE in final workout for Lorna Jane
It’s down to the short strokes in an auction for activewear label Lorna Jane, and bidders are being asked to bend and stretch.
Markets
- Live
- Markets Live
Afterpay up 8.7pc on US market update
The low GDP figures have boosted the Australian dollar, which is up over US70c for the first time in four weeks.
Gold firms near three-month peak as Fed rate cut expectations grow
Analysts say there is no end in sight to the global trade woes, which has supported the gold price.
Rare earths battle looms as US aims to counter China export threat
The US and China are heading for a stand-off over critical minerals used in everything from washing machines to military hardware.
Bitcoin indicator flashes a sell signal
As euphoria over cryptocurrencies deflates in the wake of Bitcoin's biggest monthly surge in almost two years, indicators show there could be more pain ahead.
Resources boom set to continue, says RBA
The fast-growing Indian middle class will help ensure Australia's resource industry continues to grow for decades to come, according to the Reserve Bank of Australia.
Opinion
Soft GDP needs consumer pick up
Government spending and resources exports are keeping Australia afloat, but domestically the rest of the economy is pretty soft.
Senior Writer
The bond market may never return to 'normal'
The turnaround in interest rate markets in the past year has been stunning and definitive.
Senior Reporter
Vocus plunges, but CEO pleased bidder walked fast
Vocus shares have plunged after Swedish private equity firm EQT abandoned its bid, but CEO Kevin Russell is staying focused.
Columnist
Prepare for the 100-year war between the US and China
Today’s attack on China is the wrong war, fought in the wrong way, on the wrong terrain, writes Martin Wolf.
Financial Times
Politics
Frigate docked for two years due to a lack of sailors
Defence is failing to meet its recruitment targets while increased spending on a new fleet is putting a squeeze on the military budget, a new report warns.
Senior Fair Work member resigns
The resignation of the senior deputy president is the first in a slew of vacancies expected to open up at the workplace tribunal under the Morrison government.
Religious freedom laws to fall short of conservative demands
During the election campaign Scott Morrison promised a new religious discrimination act. Conservatives are now likely to be disappointed.
'Laws of physics' makes Pell's offence impossible
It was impossible for George Pell to have committed the offences, says his counsel. He might as well have been in New Zealand.
Police raid ABC over leaked documents
Police are looking for leaked documents revealing allegations of misconduct including unlawful killings levelled against Special Forces soldiers in Afghanistan.
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World
- Analysis
- Interest rates
ScoMo goes through the looking glass at Threadneedle Street
Fresh from the RBA's cut, the PM meets the Bank of England Governor who only last month signalled British rates were more likely to go up than down.
- Opinion
- Trade wars
Prepare for the 100-year war between the US and China
Today’s attack on China is the wrong war, fought in the wrong way, on the wrong terrain, writes Martin Wolf.
Suddenly it's D-Day again
Extensive commemorations are being held in the UK and France this week to honour the nearly 160,000 troops who landed in Normandy on June 6, 1944 in history's biggest amphibious invasion.
Most everything adds up to Boris Johnson as PM
The 11 candidates vying to lead the Tories are busily crunching numbers as the party changes the rules to narrow the field.
Trump’s World Bank chief laments trade slowdown
David Malpass has lamented a 'deepening slowdown in global trade' but refrained from rebuking the White House with a more pointed call for de-escalation.
Real Estate
Demand for property slumps 20pc
Lower interest rates, helped by the new historic low in the RBA cash rate, and improved sentiment could boost demand and sales, report says.
What $1m, $2m and $3m buys in Sydney
Experts across Sydney describe what you can buy at different price points, from good value in Newtown to prestige properties on the upper north shore.
Want an up-and-coming suburb? Check the driveway
A tech company says it can pick the shifts early, with better vehicles in the carport a signpost of a suburb on the rise.
Non-bank lenders say rate cut will hasten fund flows
Cheaper capital could also boost asset values, despite yields already being at record lows.
Mortgage rates hit 60-year lows
Mortgage rates are at their lowest since the 1960s, when a house in Sydney cost $4500 and Robert Menzies was PM.
Personal Finance
Westpac targets investors with rate cuts
Westpac is making a grab for new property investors and competitors' best borrowers.
Price comparison revenue the key driver at CoCompare
The UK-listed comparison site's investment in 'weflip' - the automatic switching of customers into cheaper deals - looks like it will pay off.
Rate cuts a 'diabolical' dilemma for savers
Falling saver and mortgage rates pose a dilemma for millions of pensioners and home buyers like Max Steed, a Melbourne lawyer trying to build a deposit in a volatile residential property market.
Technology
- Opinion
- Trade wars
Trump is right on Huawei
The president could make his case more effectively, but democracies shouldn't be dependent on dictators, writes William Hague.
NetComm Wireless investors fight takeover bid
A small group of NetComm Wireless investors have joined forces to try and stop the $160 million acquisition by Casa Systems going ahead.
- Opinion
- Home tech
Can iPhone slowdown be stopped?
It is hard to tell whether Apple hopes to increase digital revenue to make up for lost iPhone sales or use digital services to increase sales of other hardware such as the Apple Watch.
Leadership
Training numbers collapse puts pressure on government
The minister could revive the sector by implementing the recent Joyce review.
- Opinion
- Adventure travel
Everest needs to go more commercial
More commercialisation, not less, is the best route to promoting safety.
Lifestyle
Arkley interior set to kickstart auction season
A typically bright Howard Arkley painting of a living room is set to test the artist's record price when it kicks of the winter auction season at Menzies.
James Ellroy on time warps, his new novel and Trump
The author of LA Confidential and The Black Dahlia has many unconventional habits, including steering clear of all television, mobile phones and computers.
The Aussie couple behind London's most luxe label
From Cronulla to high couture: Tamara Ralph and Michael Russo are transforming fashion with an easy charm that’s a winner with A-listers, including Meghan Markle.
Carnival fined $28m after tipping rubbish in the ocean, again
In fining the world's largest cruise line company, the senior US district judge said: "If you all did not have the environment, you would have nothing to sell."
- Exclusive
- Tourism
Adina, XXXX are now top Aussie brands for Chinese consumers
Crown Group and Mirvac as well as Weet-Bix, Coles and Chemist Warehouse have fallen out of favour.