- Opinion
- Chanticleer
GPT shows property pain has not hit bottom
Falling rent collections and retail and office valuations hurt GPT in the June half. But is this just the start of a bigger problem?
- Live
- Markets Live
ASX climbs; Bank stocks catch fire
The ASX is advancing steadily though the session, helped by gains for the banks. Retailer Adairs is surging after results and Lone Pine sells down its Afterpay stake. Chad Slater on why investing hobbyists will squander their few advantages.
Economy unlikely to reopen before Christmas: PM
Prime Minister Scott Morrison says it is unlikely the domestic economy would be open before Christmas; Victoria will launch a blitz after the state recorded its deadliest 24 hours on Monday with 19 coronavirus deaths and 322 new cases. Follow updates here.
Hong Kong media boss Jimmy Lai arrested under security laws
The founder of the Next Media group, which owns the Apple Daily newspaper, was arrested early on Monday for allegedly colluding with foreign forces.
Aussie sports stars team up to invest in tech start-ups
A group of Australian athletes representing the NBA, Test cricket, NRL, netball and AFL are investing in the next generation of tech companies.
Inghams and rivals cleared to join forces against food shortages
The ACCC has given an emergency order enabling big chicken processors to work together to try to prevent food shortages.
- Investigation
- MeToo movement
Inside Alex Wade's final month at AMP
Allegations the executive sent women explicit pictures were the final straw among numerous other complaints from AMP's female employees, which have thrown the 170-year-old company into further turmoil.
CORONAVIRUS PANDEMIC
Qantas share-purchase plan falls flat with investors
The airline only managing to convince existing shareholders to tip in $71.7 million, despite the cap sitting at $500 million.
These six US stocks are set for a 'monstrous rally' this week
'What people probably perceive as high-quality companies that just got absolutely obliterated ... could make a big bounce,' Fundstrat's Tom Lee says.
Pandemic rent relief swallows GPT earnings
Across its diversified portfolio, GPT's shopping malls have taken the biggest hit from the pandemic .
- Opinion
- First Person Pandemic
Three lessons to survive lockdown
If you thought managing staff remotely was hard, try negotiating with a 9-year-old about what home schooling she should complete, writes KPMG's Stefanie Bradley.
- Exclusive
- Coronavirus pandemic
States mull extending rent relief measures
Business groups urged the government to continue the code of conduct that protects commercial tenants from being squeezed by landlords.
Companies
- Exclusive
- Funding
Kogan turns mounting pile towards tech start-ups
Growth in online retailing during lockdown made Ruslan Kogan hundreds of millions of dollars richer, and he believes the time is right to back the next generation of entrepreneurs.
Sims: how tech giants could pay for journalism
Regulators across the world are battling to deal with Facebook and Google's monopolistic powers, and if Sims' model works, you can bet the house the platforms will face similar regimes in other countries.
- Exclusive
- Payments
Global fintech enlists Bendigo Bank in fight against forex fees
Transferwise, a fast growing peer-to-peer money changer, has teamed up with the regional bank to undercut hefty forex fees at the major banks.
- Exclusive
- Media & marketing
oOh!media slashes billboard rates by up to 95pc
One billboard site in Sydney which previously had a four-week market rate of $42,000 is being offered for $4000.
AFR profit season calendar and results
Here is a list of the results of Australian companies reporting their full-year financial results in the August reporting season.
Afterpay's got nothing to say on Tencent ban
Tencent's 5 per cent stake in Afterpay's shareholder register could start to cause the lender a headache in the US.
Lachlan Murdoch spruiks Fox News ratings as family feud heats up
The conservative older Murdoch brother has hailed the network's record-breaking viewership following his brother James' departure from the company, citing editorial direction.
Markets
Why Macquarie's quant guru says human traders are here to stay
The market panic of March confirmed that the future of investing involves both man and machine, says Macquarie's markets engineer Scot Thompson.
- Analysis
- Energy
Analysts fail to share the blind optimism of Saudi Aramco's chief
Oil has bounced back from its COVID lows, but many fear it could be short-lived.
Analysts back Qantas despite COVID-19 and Virgin 2.0
The airline's share price languished at $3.32 as of Friday's close, less than half of what it was at January 1. Yet analysts are still telling investors to buy.
How markets were looking before the bell
Australian shares are poised to open higher, though the currency was hit as the greenback got a boost from July's US jobs data.
- Opinion
- Coronavirus pandemic
Why the bulls are back in charge
The historical record shows that of the 13 post-war recessions, equities have risen during nine of them. Markets are just doing what they always do.
Opinion
TikTok tit for tat has only just started
Most US apps have long been banned in China, though US tech companies have found ways to make sales in the country anyway. Now that retaliation has started, shareholders should brace for the worst.
Contributor
COVID-19 casts the shadow of 1930s over liberal democracy
Unless economies are reopened soon there is a danger that snake-oil political extremism will gain traction, as it did during the Great Depression.
Columnist
Will private equity put AMP out of its misery?
AMP's recovery plan has been thrown even further off track amid a fresh executive scandal, as the coronavirus pandemic has derailed its cost-cutting plans.
Columnist
Steer China inside the lanes of the global system
As trade with China booms, Australia's priority is not to contain China's growth, but to keep it from riding roughshod over the region and inside the lanes of the international system.
Editorial
RBA should come off sidelines and play unconventional game
RBA governor Philip Lowe should not dismiss taking the cash rate negative to help dig the economy out of the deep coronavirus hole.
Let us rid the seas of plastic on the road out of this crisis
As the environmental and pandemic upheavals converge, we must shift in the recovery phase to zero-waste business models.
Politics
Medicines to be priority as Post curbs bite
The Morrison government has ordered Australia Post to prioritise the delivery of urgent goods after Christine Holgate said the impact of Victoria's restrictions on deliveries was like the 'Suez Canal coming down a drainpipe'.
- Exclusive
- Defence spending
First 90pc, then 60pc, French still won't commit to local sub parts
Negotiations over a commitment to spend at least 60 per cent of the submarine contract with Australian firms have bogged down six months after it was first made.
- Exclusive
- MeToo movement
Dyson Heydon police investigation stalls
The investigation into allegations against former justice Dyson Heydon has stalled, with no victims coming forward and police saying it was not their policy to contact them.
Lift childcare subsidy to drive post-virus economic recovery: Grattan
The Grattan Institute says spending an extra $5 billion on subsidies would grow the economy by more than double that amount.
Open international borders for students or risk loss of industry
Education agents are preferencing other countries ahead of Australia.
SPONSORED
World
- Opinion
- Trade
The great trade unwinding
The tectonic plates of trade are shifting in ways that will reshape economics and politics. Perhaps the biggest shift of all is the way in which the two superpowers are trading places.
- Analysis
- World politics
Boycotted, criticised, but Fox News leads the prime time pack
Fox News ratings demonstrate the size and resilience of America’s audience for pro-Donald Trump opinion and the loyalty of Fox News viewers despite controversies that routinely swirl around the network.
Britain mulls 'Australian solution' to boat arrivals
A record influx of illegal boat arrivals from France has prompted talk of naval involvement in turnback operations.
- Opinion
- Coronavirus pandemic
Virus exposes holes in Duterte’s 'iron fist' approach
The Philippine President's record in fighting what he has declared to be a 'war on many fronts' has been spotty at best, but he has been victorious in his assault against human rights and media freedom.
Trump's aid package claims Congressional powers
Donald Trump bypassed the nation's lawmakers as he claimed the authority to defer payroll taxes and replace an expired unemployment benefit, after negotiations with Congress on a new coronavirus rescue package collapsed.
Property
Where to find a Sydney waterfront home for under $2m
In Oatley, the starting price for tidal waterfronts hovers around $1.8 million, rising to $4.5 million for lavish deep-waterfront abodes.
Melbourne home buyers embrace virtual auctions as sellers get real
Clearance rates rose strongly in Melbourne at the weekend as fewer vendors pulled out and more buyers pushed ahead with their purchase.
Dexus fund to offload $450m office tower in Melbourne CBD
A wholesale fund managed by Dexus is set to offload an office tower at 452 Flinders Street owned by Dexus' unlisted wholesale fund, DWPF.
Northcott switches gaze from cattle to payroll
Mundibulanga was part of Austpec, a company that manages the assets of Andrew Northcott and the broader Northcott family, including tech start-up Roubler.
Industrial buildings worth billions face becoming stranded assets
Industrial assets built over the next 10 years could be shunned by tenants and investors unless they embrace sustainable design that can withstand climate-related risks, a new report says.
Wealth
- Opinion
- Investing
Vital for SMSF investors to pick between trading and investing
Unless you're confident you can get both the buy and sell calls right, you're better off with systematic rebalancing of your portfolio along the way.
- Opinion
- Inflation
Why inflation will stay lower as global economies recover
Although the coronavirus has weakened demand, ageing demographics and technological advances are likely to exert downward pressure over the longer term.
What 30 years in global markets teaches us about COVID-19 fears
Analysis of global bond and equity markets since 1990 reveals some of the secrets to successful investing during good times and bad.
Technology
- Analysis
- Streaming
Could Disney's wish upon a Star be coming to Australia?
Australia was one of the first countries the US entertainment giant launched Disney+ in November last year, so the local industry will be taking note of Star.
Twitter courts ByteDance for TikTok
The US social media giant has entered the fray to buy the wildly popular Chinese-owned video-sharing app after US President Donald Trump vowed to ban it within 45 days.
Atlassian lets its staff stay at home forever
The Australian tech giant says it will 'measure outcomes, not clock hours' and hire talent from anywhere in the world, as it commits to a permanently flexible workforce.
Work & Careers
South Australia uni merger back on the cards
The effects of COVID-19 have helped resurrect efforts that were abandoned in 2018. Now there is also a proposal for a single higher education institution for the state.
Ramsay Centre bucks the trend on spending on university study
The new post-graduate scholarships are being launched at a time when university budgets are shrinking, especially for studying humanities.
Life & Luxury
CEO beats injuries with yoga app
Richard Maloney has used technology to practise asanas in airport lounges, on a plane and around the world, from Bali to Bolivia.
The man who captured every day style in the Big Apple
New from a legendary New York photographer's archives: five decades of street style.
Why the Beach Boys are up there with Mozart
In 'Echoes from the Canyon', Bob Dylan's son Jakob explores the legacy of the thriving music scene in LA's Hollywood Hills during the mid '60s.
Why women are posting black-and-white selfies
Questions have been raised about the practicality of a new Instagram campaign that uses black-and-white images of women in an effort to promote female empowerment.
Bluesfest owner sees red on profiteering
The booking agents for some Australian acts are trying to capitalise on a lack of foreign competition, veteran promoter Peter Noble says.
