China tensions drive cyber 'carpet bombing'
Venture capital firms and defence contractors have been among the hardest hit as tensions with Beijing have contributed to at 330 per cent rise in cyber attacks this year.
COVID-19 cases on the rise, Carnival plans to sell six ships
Another 19 virus cases have been reported in Australia. German media reporting first results of CureVac COVID-19 vaccine trial expected in 2 months. China says recent outbreak in Beijing suggest a European strain. Follow our live coronavirus blog here.
Tech stocks drive ASX to a 1.6pc weekly gain
The Australian sharemarket regained its winning form in the past week, rallying for the seventh week in eight, as technology stocks performed strongly.
Minimum wage rise makes IR changes 'vital'
The government and business leaders have said the decision to increase minimum wages in the middle of the worst recession since the 1930s has meant IR reform is vital.
- Opinion
- Employment
Labor turmoil may not help Morrison in Eden-Monaro
The scandal leaves Anthony Albanese exposed just weeks before a byelection in one of the most economically vulnerable electorates in the country, writes Laura Tingle.
The timebomb under retail stocks' boom
Investors who have bet big on Australia's love of retail therapy have been rewarded, but there are dark clouds on the horizon as the September cut-off for government support looms.
- Opinion
- Cyber warfare
'What was that all about?': PM's cyber offensive
The Prime Minister had nothing new to say about cyber attacks, as he called out China without mentioning it, but tech execs can use his words for much-needed investment.
Expert advice for getting ahead in the new world of work left by COVID-19
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Companies
Hamilton Island race week returns, but not as you knew it
Queensland's luxury resorts are finally starting to open and are praying the state borders are open on July 10.
Magazine buyer writes new story
Mercury Capital's purchase of the Bauer titles has opportunity, say industry experts.
'Malicious' cyber attacks target firms, infrastructure
A foreign government has escalated "malicious" cyber attacks against Australian businesses and government agencies including critical infrastructure, Prime Minister Scott Morrison has revealed.
Foxtel signs new one-year $30 million FFA deal
The new deal will see the remainder of the 2019-20 A-League season broadcast on Fox Sports, as well as the 2020-21 A-League and W-League seasons.
Team Oz poles apart on super-sized bank compo
A plan to draw a line under the fees-for-no-service scandal by introducing a formula for compensation is not been universally supported.
ASIC flags concerns with IPO Wealth fund
ASIC has intervened to contest an attempt by Mayfair 101's James Mawhinney to delay the appointment of a liquidator to the IPO Wealth fund.
Chevron's NW Shelf exit plays into Coleman's hand
Buying Chevron out of the $34 billion North West Shelf venture may seem a logical move for Woodside, but it still needs a partners' agreement on gas processing and may bring forward the need for fresh capital.
Markets
- Opinion
- Globalisation
Quants show deglobalisation is reshaping our world
The decoupling of trade between the world's two largest economies will have profound consequences for portfolio construction that all investors should try to understand, writes Christopher Joye.
ASX gains 1.6pc over week; tech stocks surge 6.7pc
The Australian sharemarket advanced 1.6 per cent over the week after the S&P/ASX200 Index added 0.1 per cent on Friday. Tech stocks were the big winners of the week as Afterpay, Appen and Xero pushed to fresh highs.
- Opinion
- Chanticleer
Howard Marks: why the odds don't favour investors
Legendary investor and Oaktree founder Howard Marks says there are plenty of good reasons for the melt-up on global markets. But are investors being rewarded for the risks they're now taking on?
Operators get power to switch off solar panels
Australia's electricity grid owners say the ability to shut off rooftop solar in the South Australian plan is the right model for managing networks.
Power grid operator 'very serious' on cyber threat
The energy market operator is liaising closely with government and security agencies over the heightened threat to critical infrastructure.
Opinion
Where did it all go wrong for Boris' Britain?
Britain has been among the hardest hit by COVID-19, and has uncharacteristically struggled to counter the crisis. It hasn't been Boris Johnson's finest hour.
Europe correspondent
Quants show deglobalisation is reshaping our world
The decoupling of trade between the world's two largest economies will have profound consequences for portfolio construction that all investors should try to understand, writes Christopher Joye.
Columnist
More questions than answers as PM goes on cyber offensive
The Prime Minister had nothing new to say about cyber attacks, as he called out China without mentioning it, but tech execs can use his words for much-needed investment.
Technology editor
Albanese makes a virtue out of a crisis
Adem Somyurek showed the error of trying to have it all in factional politics. But Victoria could now be easier for Albo to handle.
Political editor
Why Joe Biden is in the box seat
Donald Trump remains competitive. But all the messaging and polling currents are flowing against him.
Contributor
Jobs the real test for emerging from dark times
The disappointing jobless numbers for May are just the start of the battle to stop the results for unemployment becoming permanent.
Columnist
Politics
ATO investigating early super release tax avoidance
Australians who accessed super despite not suffering a job loss or reduced hours, or who use the scheme as a tax loophole, are under investigation by the Tax Office.
Labor scandal deepens as NSW MP Julia Finn quits
More Labor heads are set to roll after Victoria's industrial branch-stacking scandal spread to NSW and Labor MP Julia Finn quit the NSW shadow cabinet.
- Analysis
- Somyurek scandal
How to wreck a political party
The Victorian branch stacking debacle shows that old fashioned political machines have been replaced by warring tribes that undermine good government, writes Aaron Patrick.
Cheaper uni degrees for careers in demand
The cost of getting a uni degree is being overhauled to favour courses which get students into jobs; humanity degrees will double in cost, law will increase, while maths and agriculture will be more than halved.
ABC underpaid staff $12m
The ABC has agreed to pay $600,000 and backpay almost 2000 staff after it was revealed it has been engaged in millions of dollars of underpayments over six years.
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World
- Opinion
- US election
Why Joe Biden is in the box seat
Donald Trump remains competitive. But all the messaging and polling currents are flowing against him.
China charges two Canadians with espionage as diplomatic tensions rise
China has charged two Canadians with spying as relations with the United States, Australia, India and other nations worsen.
Ivanka Trump, free speech champion or dystopian villainess?
Smooth, serene and polished, Ivanka Trump appears the opposite of her presidential father. Yet she shares one of his prominent traits.
- Breaking
- Tragedy
Manhunt underway after police killed in Auckland
A manhunt is underway and local schools are in lockdown after a New Zealand police officer was shot and killed in Auckland.
QAnon is helping Trump (and it's only just getting started)
From a conspiracy theory dubbed Pizzagate, QAnon has morphed into a rapidly expanding tribe that projects US President Donald Trump as a saviour.
Property
Working from home sparks regional property boom
Towns within commuting distance of big cities are gaining in popularity but, along with the advantages of cheaper lifestyles, there are risks.
Investment banker and chairwoman list Point Piper digs
Nick Langley and Lorraine Tarabay are selling a property that was billed as a 1960s time capsule when it was listed in 2016, selling soon after for $13 million.
Surry Hills renter allegedly assaulted for not paying rent
An inner-Sydney tenant has been allegedly assaulted and held against his will after falling behind on his rent during the coronavirus, police say.
Charter Hall tops surging local fund managers
Charter Hall has surged to the top of the league table among its local peers for property funds management within the Asia Pacific region.
Builders warn that more construction jobs will go
Construction workers face further job losses despite the HomeBuilder scheme, says a developer.
Wealth
- Opinion
- Sharemarket
Meituan Dianping thrives on food deliveries in lockdown
After travel restrictions are lifted, Meituan's the travel and hotel bookings division offers a longer-term recovery angle.
- Opinion
- Flat Chat
How to future-proof your investment unit
Buying at these prices and low interest rates could make for a great longer-term profit – as long as you can find tenants.
Young women drain their super accounts
The coronavirus crisis has wiped out the already modest retirement savings of many young women, a superannuation fund says.
Technology
How the pandemic has helped Fineos accelerate growth
Having emerged relatively unscathed from the dotcom crash and GFC, the ASX-listed insurance software player is now capitalising on accelerated digital transformation journeys because of the pandemic.
US pulls out of global digital tax talks
The decision suspends the Trump administration's previous approach to find a global deal and could increase the likelihood that technology giants Amazon, Google and Facebook face a wave of foreign taxes.
ACCC to examine Google, FitBit deal
The regulator says Google's purchase of FitBit last year raises concerns about the tech giant having too much power when it comes to consumers' personal data.
Work & Careers
Collaboration the key for 2020 BOSS Young Executives
Westpac director Nerida Caesar sums up the standout qualities of this year's winners in two words: collaborative and entrepreneurial.
- Analysis
- Black Lives Matter
Can Gen Z succeed where others failed?
An emerging consensus on the need to address racial injustice has allowed a movement to take hold at the unlikeliest of times.
Life & Luxury
Jetstar launches tourism recovery sale with $19 flights
Qantas' budget carrier is offering 10,000 one-way fares for $19 on 22 routes, including Melbourne to Sydney, Sydney to Gold Coast and Melbourne to Ballina.
- Opinion
- Home entertainment
The product that can transform your home Wi-Fi
If you're lucky enough to live in a big house, the Amazon Eero "mesh" system will definitely boost your signal.
This chef and TV host has an unusual way to share his love of books
These days Gourmet Farmer's Matthew Evans has added another string to his bow – becoming his household's resident 'audiobook'.
Online tool lets you design your luxury watch
There are many ways to personalise a watch, but Jaeger-LeCoultre's new method has changed the game.
WWII singer Vera Lynn dies at 103
Dame Vera Lynn, the endearingly popular "Forces' Sweetheart" who serenaded British troops abroad during World War II, has died at 103.
