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Australian citizen Moko Yong has been trapped in Wuhan for ten days.

Trapped Aussies cannot make evacuation flight

Some of the Australians trapped in the region at the centre of China's coronavirus outbreak say they will not take a planned evacuation flight to Christmas Island because they cannot get to the local airport.

This two-bedroom apartment in Freshwater sold to a first-home buyer.

'Wounded bulls' out in force as auctions kick off

Fed-up first-home buyers were out in force on the weekend trying to secure properties at almost any cost as the auction season kicked off for the year.

Treasurer Josh Frydenberg has revealed the government will no longer charge those fleeing Wuhan $1000.

Economy to take 'significant' hit

The Treasurer said the virus and bushfires will have a 'significant' hit on the economy, Australians being airlifted from China will no longer be charged $1000, and sports clubs that missed out in the McKenzie saga will receive new money.

Australia bars foreign arrivals from China

Australians have been warned not to travel to mainland China as the number of people infected with the coronavirus neared 12,000 and foreigners on flights from China will be stopped from entering Australia from Saturday.

Finally, Britain turns the page on Brexit

Brexit day is a big, historic moment. While it might not bring the certainty business craves, it heralds the emergence of a different Britain.

Global equity investors take flight

Equities plunged across Europe and in New York, and the retreat could be the start of a long overdue reset of share valuations.

What to look for in earnings season

The savage market reaction to a number of startling share downgrades this week is a reminder that hefty price gains may not reflect earnings prospects.

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AFR MAGAZINE

Luca Belgiorno-Nettis and the untold tale of the Sydney Biennale

Six years after being forced out of the arts biennale his family founded, Luca Belgiorno-Nettis is harnessing his creative energy in a new way.

A taste of what might be Justin Hemmes’ biggest restaurant spend yet

For this month's Anatomy of a Dish column, AFR Magazine talks to Jordan Toft of the long-awaited new Coogee Pavilion restaurant, Mimi's.

Lisa Havilah’s ambitious plans for Sydney’s Powerhouse Museum

Few cultural institutions in Australia have been as controversial as the high-profile museum project in Parramatta.

Why a handbag is so much more than a handbag

The power of the purse is well known today but in fashion circles, a bag didn't always swing the same clout.

The ‘nerd’ jewellery designer who once worked for chewing gum

Alina Barlow founded Alinka Jewellery in Sydney just five years ago. Now she's on track to creating a globally recognisable brand.

Companies

The LNG expansion would tap the Elk-Antelope gas fields as well as the P'nyang field.

PNG gas talks collapse as Marape calls time

The break-down in negotiations between the PNG government and ExxonMobil spells a delay for a $20 billion LNG expansion in which Oil Search and Santos are involved.

Many financial advisers - and the industry itself - are struggling to come to terms with a raft of changes implemented after the Hayne royal commission.

Post-Hayne chaos may yet sink financial advice industry

Australia's financial advisers must no longer stand in "two canoes" but prioritise clients over profit, the royal commission concluded. Are they about to capsize?

Clayton Christensen , who died last week, worried his theory of disruptive innovation has been hijacked.

How Silicon Valley hijacked disruption

The death of Clayton Christensen, the father of disruptive innovation, reminds us how even the best ideas can get hijacked. 

Sargon offices in Melbourne.

Years of red ink before Sargon's downfall

The holding company of high-powered fintech superannuation group Sargon Capital lost nearly $25 in the two years before it tumbled into receivership, and it is yet to file accounts for last financial year.

Telstra, Rio backdown 'not good enough'

The Small Business Ombudsman wants big companies to expand their definitions of small business as the Morrison government presses ahead with a "name and shame" list.

Perpetual's green deal gives it US platform

Perpetual's acquisition of a US pioneer of ethical investing is designed to give it a toe-hold in the US market.

Keppel lines up with Australian Unity fund

The Singaporean fund manager has bought into the control of Australian Unity Office Fund as the property trust fields a takeover bid from US investor Starwood Capital.

Markets

The bond market's China warning for Australia

Yields have tanked and the yield curve has flattened as traders fret Australia may not escape the growth-sapping impact of China's virus outbreak.

Shares hit a new high on the ASX on Wednesday.

Shares lift ahead of profit reporting season

Receding worries over the coronavirus helped send shares higher on the last trading day before February's profit reporting season.

RBA keeps rates on hold

Coronavirus won't change RBA's mind about rates

Despite growing fears about the health crisis, the Reserve Bank of Australia is not expected to respond with a rate cut on Tuesday.

ASX staggers in a week dominated by coronavirus

Despite a marginal gain on Friday, the ASX ended the week in the red, with the virus outbreak pushing the Aussie dollar and key commodities lower.

The sceptics who bet against Elon 

Meet the informal collection of obsessives pushing back against the cult of Elon Musk, whose electric car company's market cap has soared to $US100 billion.

Opinion

PM's climate fix puts taxpayer dollars at risk

The bilateral energy agreement with NSW is by a long way the second best, more costly and higher risk climate solution.

The AFR View

Editorial

The AFR View

Reforms must take into account economic wellbeing

As we implement the wave of reforms flowing from the royal commission, it's important to ensure the health of the economic system.

Josh Frydenberg

Contributor

Josh Frydenberg

Test case for Frydenberg’s integrity

If the Coalition wants to show it has learnt from the royal commission, stopping conflicted advice and the rorting of mums and dads would be an important first step, writes Christopher Joye.

PM is paying the price for spin over substance

The Prime Minister's own goals show why good policy is still good politics.

Phillip Coorey

Political Editor

Phillip Coorey

The four things Hayne changed

A year since Commissioner Kenneth Hayne's bombshell, what's its legacy? Now the dust has settled, bankers and their advisers can see the impact it will have on corporate governance.

James Eyers and James Frost

Contributor

Impeachment weaponised and compromised

President Trump's guilt and acquittal are both certain. But the process still matters a great deal to the future of US politics.

The AFR View

Editorial

The AFR View
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Politics

Former prime minister Kevin Rudd in Canberra on Tuesday.

Kevin Rudd's think-tank to set up Australian outpost

The Asia Society Australia will become a new voice in foreign policy debates amid a turmoil of regional instability.

There is debate over where the submarines that replace the Collins-class should come from.

Submarine jobs poised to go west

The Morrison government is leaning towards sending ASC's submarine maintenance blue collar jobs to Perth, risking its relationship with key senator Rex Patrick.

Universities wrong-footed by fires, a deadly virus and Brexit

Still reeling from the bushfires, Australia's universities are now facing threats from the coronavirus and aggressive competition from a post-Brexit Britain.

Inside Australia's secret doomsday network

Nondescript warehouses across the country hold the country's $900 million National Medical Stockpile of emergency drugs and protective gear for quick deployment in case of terrorist or biological attacks or pandemics.

Why 70,000 public servants are dreading midnight

At the stroke of 12 o'clock, four federal portfolios will be formally abolished and thousands of public servants will be redeployed to new agencies and departmental clusters.

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World

Bonn courthouse, 21 January 2020. The two accused ex stockbrokers are said to have caused tax losses of more than 440 million euros between 2006 and 2011. Faces pixelated for legal reasons.

The $US60b tax heist that's roiled Europe

Through careful stagecraft, rogue brokers did 'cum-ex' trades that returned double refunds for dividend taxes in a scam that has ensnared Macquarie Group.

The main contenders: Bernie Sanders, Elizabeth Warren, Pete Buttigieg, Joe Biden and Mike Bloomberg.

Bernie's back and Democrats are scared

Trump built his presidency through a hostile takeover of the Republican Party. Can Bernie Sanders do the same thing to Democrats? Iowans are about to find out.

Boris Johnson has the historic responsibility of being a healer.

We are with Europe, but not of it

The scale of Boris Johnson's task to heal Britain after Brexit is matched only by the size of his gargantuan ego.

Companies operating in China on alert as virus spreads

The coronavirus outbreak is testing the world's growing dependence on China.

Living in China's virus nightmare

China feels like the set of the 2011 movie Contagion, where there is someone waiting to check your temperature on every corner, writes Michael Smith.

Property

The Reserve Bank is watching the results of home sellers such as Kevin and Grace Bailey who say they will spend money on a new school if they sell their mansion in Hampton, Melbourne.

Why housing turnover is key for RBA rates

Property prices might be racing but it is turnover the RBA will be watching like a hawk.

Sydney will be warm on Monday, with temperatures hitting 34 degrees in the west and 32 in the east

Sydney prices rise more than 1pc in a month

The CoreLogic Home Index reports a 1.14 per cent rise for Melbourne in January, and NAB's property index hit its highest level in nearly six years.

Antony Catalano is extending his Acquire platform to Newcastle in a first regional pilot.

Catalano's Acquire partners with regional ACM papers to sell homes

The former Domain boss extends his new residential marketing platform on the back of his newspapers.

Billionaire seeks partner to finish $88b city

Super funds, sovereign wealth funds, pension and Asian developers are all expected to be courted as partners for billionaire developer Maha Sinnathamby.

Starwood revives takeover bid for Australian Unity fund

The all-cash offer at $2.98 per unit comes more than a year after Starwood's first effort to buy out the Australian Unity managed fund fell flat.

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Wealth

In Tamarama, the Tobias Group is adding two $10 million penthouse apartments, with spectacular ocean views, to pay for concrete cancer cures, a fire safety upgrade and the installation of underground parking.

How your apartment block can self-finance a revamp

A little-known law change means the majority in a building can require other owners to allow extensions and additions to pay for an upgrade.

SMSF trustees need simpler, cheaper regulation

Looking for straightforward advice and getting tied up in paperwork or high fees? Why it's time for change.

Can I buy a car using my SMSF?

You'll face penalties if you use your retirement savings to buy a personal-use asset, writes John Wasiliev who answers your questions on super.

Technology

CEO Ginni Rometty is stepping down by the end of the year.

IBM chief Ginni Rometty steps down, names successor

After eight years at the helm of tech industry giant IBM, its first woman CEO, Ginni Rometty, says she's stepping down and set out succession plans.

"Over the next several days post-earnings long buying will be joined by short covering as shorts try and find more attractive exit points."

Tesla short sellers run over by latest results

The post-earnings results surge in Tesla's shares have hammered short sellers by another $2.2 billion and there's the potential for a lot more losses ahead.

Bopple operations manager Tim Dart, Pawpaw Café manager Marina Ghobrial and Bopple chief executive Angus McLachlan at Pawpaw Woolloongabba.

Brisbane eatery takes on Uber Eats at its own game

Pawpaw Cafe's owners signed up enthusiastically to Uber Eats when it launched, but high margins and a lack of control over their own customer data led them to build their own version of the app.

Work & Careers

Patrick Brammall has Lunch With the AFR.

Aussie actor's accidental LA move pays off

After beating a rare genetic disorder and abandoning law, Patrick Brammall is now sharing sets with the Hollywood A-list - and finally admitting Los Angeles is home.

Engine room lawyers in hot demand

Law firms are taking up the challenge posed by the exodus of senior females.

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Life & Luxury

Travel is a human right to Hawken Miller, who  hasn't let his disability stop him seeing the world.

How I've explored 13 countries in a wheelchair

There's a lot of stress when it comes to travelling with a disability. But don't let that subtract from a good time or stifle an adventurous spirit.

Lucy Cavendish has never lived with her husband of three years and doesn't intend to.

Why I have never lived with my husband

We have been together for seven years, married for three and yet we have never, officially, shared the same residence.

Citroën's new SUV celebrates la différence

The French car brand is flirting with normality with its comfortable C5 Aircross.

Watch that smile. Tom Hanks as the jovial Fred Rogers.

Tom Hanks' Oscar-worthy turn may be heartwarming but it's also creepy

This could have been the corniest movie ever made, instead it's a complex portrait of extreme self-control being its own form of madness.

Tanith Carey's dog, Honey, has now been vegan for 18 months – and has been given a clean bill of health.

Why it's time for your dog to go vegan

Don't believe the myths about dogs needing meat – we could help save the planet, and extend our pets' lives, by switching them to a plant-based diet.

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