- Exclusive
- MeToo movement
Pahari to lead AMP Capital's 'inclusion council'
AMP Capital CEO Boe Pahari has appointed himself chairman of the company's Inclusion and Diversity Council, set up to help the business become 'an ultimate destination for talent'.
- Exclusive
- Investing
ASIC warns of 'herd mentality' as small traders snap up popular brands
ASIC is concerned about 'herd momentum' within the Robinhood cohort, as inexperienced investors snap up small-cap stocks based purely on price, despite performing poorly on valuation measures.
JB Hi-Fi rides COVID-19's retail revolution
While department stores are drowning in too much stock, JB Hi-Fi has the opposite problem as consumers flush with cash spend up on electronics to ride out the pandemic at home.
ASX to rise as US markets head for another record
Australian shares are set to rise as US markets continued to push for another record high, boosted by technology stocks.
Trump may support US Postal Service funding if added to virus stimulus
Australia suffered another deadly day with aged care homes again in focus. Follow our live updates here.
Taylor to keep clamps on gas exporters
The Morrison government is poised to extend conditions on gas exporters that it says will help push down contract gas prices on the east coast.
'Context matters': Harassment allegations must be put in perspective
Companies that analyse multiple allegations of sexual harassment as individual events risk undermining the seriousness of the behaviour, senior businesswomen say.
EARNINGS SEASON
- Opinion
- Chanticleer
Delayed downturn to test quality of JB Hi-Fi and Kogan
Strong results from JB Hi-Fi and Kogan.com helped justify their surging share prices. But the delayed downturn in spending will test them.
Altium growth slows to 10pc due to COVID-19
The pandemic caused Altium to miss its long-held goal of $US200 million in revenue by 2020, but its vision remains intact.
- Opinion
- Chanticleer
What we learnt: COVID-19 clouds property outlook
BlueScope says it can win from COVID-related shifts in residential construction. GWA is bracing for housing weakness. It's a puzzle for investors to solve.
- Opinion
- Chanticleer
Bendigo's fortunes rest with consultants
Bendigo and Adelaide Bank is strongly capitalised and winning market share in mortgages. But its multi-year turnaround strategy will involve several years of poor returns for shareholders.
Bendigo Bank leans into virus challenge
Bendigo and Adelaide Bank has pledged to keep lending to Victorians battered by the second outbreak despite deferring the dividend for the same reason.
CORONAVIRUS PANDEMIC
Japara rocked in Victoria's deadliest day
The listed aged care provider has been swept into Victoria's aged care crisis after staff and residents at two facilities were infected with COVID-19.
Victoria's second wave came from overseas travellers
Almost all of Victoria's second wave of COVID-19 cases came from overseas cases that arrived in Victoria after May 8, the Hotel Quarantine Inquiry has been told.
No one in charge of Victoria's hotel quarantine
The lawyer leading the inquiry into Victoria's hotel quarantine debacle has 180,000-plus pages of documents but still has no idea who was in charge of what. There were "multiple and potentially overlapping" areas of responsibility.
- Analysis
- Coronavirus pandemic
Berejiklian makes the right call backing staff
When governments make mistakes, none more so that cost lives, the public demands accountability, usually in the form of heads. The NSW Premier refused to give them one.
'Absolute garbage': fury mounts over Australia's travel bans
Health Minister Greg Hunt says moves to lift the cap on Australians returning home might have to wait until Melbourne is on top of the virus.
Companies
Mayfair's IPO Wealth marketing spend probed
Mayfair 101 managing director James Mawhinney said the fund relied on third party e-mail lists to spread the word about his controversial investments.
- Exclusive
- NBN
High prices must stay if the NBN is to keep evolving, says CEO
High NBN wholesale prices may have put the squeeze on retailers but their purpose is to pay for major upgrades to keep up with technology, the network says.
- Exclusive
- Funding
Postal challenger Sendle raises $19m amid lockdown delivery rush
Sendle is working at its peak Christmas intensity every day during COVID-19, but it's been able to manage the boom in volumes better than many.
Anglo coal boss defends safety record after mine explosion
Anglo American metallurgical coal chief executive Tyler Mitchelson said high gas readings had been a problem at the Grosvenor mine.
- Exclusive
- Hayne fallout
ASIC refuses to release secret CBA board report
A report into the conflicting recollections of directors of Commonwealth Bank cannot be made public because it would undermine ASIC's ability to regulate, according to an official response to a freedom of information request.
Rebel Virgin pitch dealt court blow
Justice John Middleton dismissed calls to ensure the carrier's 10,000 creditors owed $6.8 billion could vote on which entity they wanted to take over.
Cochlear settles legal, interest costs in patent infringement case
Cochlear will pay $US75 million to two US organisations if the US Supreme Court upholds the damages awarded against it in a patent infringement case.
Markets
Neilson ready to farewell Platinum but isn't ready to quit the market
The legendary investor is still going to trade in his own time and gold is where his interest lies: "You have to have gold," he says, "all these despotic places have been adding to their gold."
Argo boss says 2021 could be even worse for banks
Jason Beddow is worried that financial markets are factoring in only a short coronavirus pandemic.
Banks pull ASX lower, retailers advance
The results from Bendigo and Adelaide Bank have cast more doubt over dividend payouts in the sector.
Investors left in the dark by guidance
The majority of earnings results have failed to provide any guidance, and when they do, the prognosis tends to be punished.
Why gold is the 'canary in the coal mine' for this fund manager
A capital injection from hedge fund legend Alan Howard has made Wheelhouse Partners assert itself as an income fund to watch.
Opinion
Serious conduct questions put heat on AMP
The revelations that AMP downplayed the severity of Boe Pahari’s misconduct will increase the pressure for cultural transformation inside the troubled wealth giant.
Editorial
We can't cure the virus by making the economy sick
The economy is a mass activity of individuals living their lives. When it does not work properly, people also suffer and die.
Even eccentric billionaires have natural rights
Failure to overturn Western Australia's 'Palmer law' would be fatal for Australia's rule of law and its investment reputation.
Contributor
Boom for some doesn't tell the real story
Australia's aggressive approach to managing the virus numbers is on a collision course with the economic numbers and the financial results for most businesses.
Columnist
Why childcare must be made free
Expensive childcare is an unfair levy on jobs. And early childhood education would improve life chances all round.
Contributor
The economy will still decide White House race
Even in a COVID-19 election, it’s still the economy (stupid) that is likely to determine who rules the White House after November.
Editorial
Politics
- Exclusive
- Super wars
Superannuation backflip open in Senate
Centre Alliance's senator Stirling Griff and One Nation senator Malcom Roberts want to delay the rise in compulsory superannuation after the Prime Minister said a rethink was in order because of the impact of COVID-19.
- Exclusive
- Industrial relations
CFMEU deal will push up NSW project costs: report
A new report estimates that the CFMEU NSW's proposed wage increases and conditions would add more than 9 per cent to the cost of construction projects.
Taylor to keep clamps on gas exporters
The Morrison government is poised to extend conditions on gas exporters that it says will help push down contract gas prices on the east coast.
- Analysis
- Coronavirus pandemic
Berejiklian makes the right call backing staff
When governments make mistakes, none more so that cost lives, the public demands accountability, usually in the form of heads. The NSW Premier refused to give them one.
- Exclusive
- Energy
Schott survives as head of energy reform body
Federal Energy Minister Angus Taylor has reappointed Energy Security Board chairwoman Kerry Schott, but the long-term future of the body is still in doubt.
SPONSORED
World
- Analysis
- Protest
'This is just the beginning': protesters stare down Thai government
Students as young as 12 are part of a sustained protest movement in Bangkok, taking on a Prime Minister with a history of harsh crackdowns.
Thai economy suffers biggest contraction since Asian financial crisis
South-east Asia's second-largest economy, which is heavily reliant on tourism and exports, shrank 12.2 per cent in the second quarter from a year earlier.
Japanese officials sought a Nissan-Honda merger
The suggestion to create a national champion was first made to the companies at the tail-end of 2019, amid fears Japan’s vast car-manufacturing base was losing its edge.
Pelosi to recall House for Postal Service vote
Democrats have accused Trump, who is trailing Biden in opinion polls, of trying to hamstring the cash-strapped Postal Service to suppress mail-in voting.
New Zealand delays election by a month
The election had been scheduled for September 19 but will now be held on October 17. Under New Zealand law, Jacinda Ardern had the option of delaying the election for up to about two months.
Property
Pandemic woes compound Lendlease's engineering hit
Global builder, developer and investor has crunched its final dividend to 3.3¢, compared with the 30¢ declared a year earlier.
HomeBuilder drives 400pc surge in Qld land sales
Land sales in south-east Queensland surged 400 per cent in June, its strongest monthly result in five years albeit from a low base, as home buyers rushed to take advantage of the HomeBuilder scheme
Former healthcare chief lists $11m Tamarama house
Chris Rex has joined a busy prestige marketplace in the eastern Sydney suburb with Pavilion House, a Walter Barda-designed home they bought three years ago.
- Exclusive
- Property development
Villawood swoops on Central Equity housing sites in $180m deal
The two Central Equity land parcels combined have the capacity to deliver about 2000 lots, with an end value of more than $600 million.
Charter Hall teams up with GIC on Ampol deal
ASX-listed Charter Hall Group has again showed its affinity for sale-and-leaseback deals, teaming up with Singapore’s sovereign wealth fund GIC to acquire a 49 per cent stake in an Ampol petrol station property trust.
Wealth
- Analysis
- Sustainable business
Why rich families are turning to ethical investments
Wealthy families are still primarily focused on performance but a new generation are keen on investment with a social purpose.
Meet the no-name execs winning big in the pandemic
A bunch of low-key executives and company founders have just made a tidy fortune as a pandemic sharemarket rally supercharges share prices.
- Opinion
- Sharemarket
Three uranium stocks that buy into the energy theme
The price recovery and an improving outlook have brought a cause for optimism in this maligned sector.
Technology
- Exclusive
- Funding
Postal challenger Sendle raises $19m amid lockdown delivery rush
Sendle is working at its peak Christmas intensity every day during COVID-19, but it's been able to manage the boom in volumes better than many.
- Exclusive
- E-commerce
Online car seller claims growth amid COVID-19 chaos
Car dealers are struggling to survive in Victoria as customers are locked out, but online platform Carconnect says its sales have risen throughout the pandemic.
- Exclusive
- Fintech
Neobank poised for ASX debut after record funding round
Douugh is due to begin trading on the ASX next week and has been boosted by a crowdfunding round selling out within an hour, as it works on it 'financial wellness' app.
Work & Careers
- Opinion
- Childcare
Why childcare must be made free
Expensive childcare is an unfair levy on jobs. And early childhood education would improve life chances all round.
Shanghai rankings distort the place of research in universities
The Shanghai rankings were designed to meet domestic educational needs in China and have distorted the way Australian universities spend precious dollars for higher education.
Life & Luxury
The 9/11 effect: how the virus will change travel forever
The travel industry can't survive without travel. Here are some ideas the sector is considering that might reduce the risk for future passengers.
Overwhelmed by choice? Call in a curator.
The affluent but time-poor are turning to cultural connoisseurs to pick them out the best books, films, designs and more.
Google's new travel booking tools account for pandemic
Along with the usual options, you'll also get real-time data on the number of COVID-19 cases along with how many flights and hotels have resumed service.
- Exclusive
- Food & drink
Cricket legend Ricky Ponting cracks a shot at wine
With names like 'Mowbray Boy' and 'The Pinnacle' - Ponting Wines hopes to eventually take the brand to the UK and even India.
The illustrious history of literary howlers
Novelist John Boyne's Google search may have left him red-faced, but many great authors have got it wrong.
