Hotspot plans in chaos as states feud
Scott Morrison will persist with a national definition of a coronavirus hotspot as an alternative to blanket border closures, but is not planning a quick resolution.
- Exclusive
- Coronavirus pandemic
Andrews' reopening plan fatal to jobs, prosperity
Melbourne is set to lose its title as the food capital of Australia, a day after it lost the AFL grand final and the title of the country's sporting capital.
TWU, Branson pave way for Bain's Virgin buyout
Bain will likely see its proposal to buy Virgin Australia approved after one of the airline's largest unions and founding shareholder expressed support.
Big fish Nuix could rewrite record books at Macquarie
The bank could potentially cement an estimated 10 times its investment in the forensic software company for a $1 billion-plus payday.
China's African iron ore adventure will be filler, not killer
Trade tensions may tempt China to accelerate development of African iron ore, but analysts say it will have little impact on Australia's market share and prices.
British debate over Tony Abbott's trade job reaches fever pitch
Opposition Leader Keir Starmer wades in on the ex-PM's controversial appointment, prompting a response from Downing Street.
'Biggest decision of the century': Morrison's stimulus problem
The government has to make a critical decision in its budget to boost either the supply side or demand side of the economy.
Companies
Brokers clipping the ticket on coronavirus loans
Government approved lenders on the SME coronavirus scheme are paying brokers commissions on loans 50 per cent backed by the taxpayer.
Mongolia urged to sell stake in Rio Tinto mine
The former Mongolian prime minister who kick-started a $US5.3 billion expansion of Rio's Oyu Tolgoi mine says it's time to simplify the project's ownership structure.
Government considers plan to buy gas to lower prices for manufacturers
Victoria's emergency draw-down of gas from storage in last month's cold snap has added fresh urgency to calls for government action on east coast gas.
- Exclusive
- Wine & spirits
Accolade Wines buys Katnook Estate to fuel premium growth
The new CEO of Australia's second largest wine group will be up against his old company Treasury Wines in the prestigious Coonawarra heartland.
Crown was urged to remove staff from China before arrests
Prior to the arrests of 19 Crown Resort employees in China, a customer warned the company that Chinese authorities were planning to make arrests as part of Beijing's crackdown on gambling.
Macquarie Bank underpayment claims exceed $15m
Macquarie Bank has been hit by another underpayment claim ahead of a judgment that will have ramifications for stockbrokers and merchant banks countrywide.
Ara move on Cromwell slammed as 'disingenuous'
Singaporean investor has failed to provide alternate strategy for Cromwell, despite heavy criticism and bid to win board seats, according to a proxy adviser.
Markets
Economy tipped for rebound in third quarter, ending recession
A sample of 12 economists are pencilling in a median result of 0.35 per cent growth for the September quarter and 1.4 per cent for the December quarter.
Australia falling behind corporate tax cuts
Australia's corporate income tax revenue as a share of the economy was the third-highest of 39 countries assessed by the OECD.
'Biggest decision of the century': Morrison's stimulus problem
The government has to make a critical decision in its budget to boost either the supply side or demand side of the economy.
Blue chips help ASX climb 0.8pc to a one-week high
The Australian sharemarket extended its strong run from the previous session on Thursday, with local shares rising to a one-week high.
High-growth world gone forever, says Hyperion’s Arnold
The record contraction in GDP is expected to give way to a long period of low growth, providing more tailwind for technology stocks.
Opinion
Leaders wrestle against power of parochialism
Senior federal politicians like to consider themselves above state-of-origin politics. But that does not stop it from biting them anyway.
Political editor
Australia faces the music in China
Our political system has never dealt with the results of mass immigration from a country whose intentions and policies are now often regarded as hostile to Australia’s interests.
Columnist
How Canberra will benefit from low-cost RBA loans
The Reserve Bank's latest decision to increase the supply of low cost funding to the banks should also nudge government borrowing costs lower
Columnist
Victoria needs a plan, not catastrophic talk without an end
Living with the virus is now within our grasp. That's better than going back into lockdown again when the next cluster escapes.
Contributor
Fintech competition is key to a better finance sector
Five big issues hold up the expansion of Australia's fintech sector and the jobs of the future that it offers.
Contributor
National cabinet must rise above state populism
The national cabinet's decision on the borders is the 21st-century political system's opportunity to rise above state parochialism.
Editorial
Politics
'Strike team' to recruit exceptional talent for Team Australia
Former Property Council boss Peter Verwer will lead a new taskforce charged with bringing business to Australia.
Detained Australian author vows to never confess despite Chinese pressure
Yang Hengjun sends a message to supporters amid signs he could soon be put on trial 19 months after he was detained.
Aged care deaths 'far worse' than banking royal commission offences
Melbourne businessman Mike Fitzpatrick has called for political accountability for the inflated COVID-19 deaths in Victorian aged care facilities, arguing the failures are 'far worse' than financiers who lost their jobs from the banking royal commission.
The path to zero COVID cases, even in Victoria: Grattan Institute
Victoria could reach zero cases within eight weeks despite its second virus wave, if residents and businesses support extending current restrictions, a study shows.
Cyber attacks on the rise and getting more sophisticated
Despite the government going public, a state-based actor is continuing cyber attacks against Australian governments and organisations, report warns.
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World
End of an era: Abe's exit will cheer China, concern Washington
The United States hasn’t had to worry about Japan in nearly a decade. Now it might have to start.
Pompeo announces fresh restrictions on Chinese diplomats in US
The US will now require senior Chinese diplomats to get State Department approval before visiting US university campuses.
- Opinion
- Privacy
China awakens to digital privacy concerns
China no longer provides Mark Zuckerberg with a convenient counter-argument against privacy rules. Chinese consumers are standing up to internet giants for their digital privacy in an unprecedented way.
Once out, consort to Thailand’s King appears to be back in again
Sineenat Wongvajirapakdi rose to the position of royal consort to King Maha Vajiralongkorn Bodindradebayavarangkun, only to be stripped of her official title last year. Now she's back in favour.
India bans 118 Chinese apps after troop death
Some of the banned apps are operated by the largest Chinese internet companies, which see India as an avenue of growth.
Property
ARA's move on Cromwell disingenous: CGI Glass Lewis
Singaporean investor has failed to provide alternate strategy for Cromwell, despite heavy criticism and bid to win board seats, according to a proxy adviser.
Fund manager poised for 'best buying window for office in a decade'
Melbourne-based property fund manager Forza Capital is preparing to take advantage of a "dysfunctional" office market over the next two years.
Treasurer reverses FIRB property leases red tape
The FIRB announced on Thursday night it was restoring the regular monetary thresholds for leases for non-sensitive developed commercial land.
Stamp duty revenue plunges $1.3b
The decline raises concerns not only about state revenues but also the inefficiency of such a tax.
- Exclusive
- Hotels
Sorrento's Continental Hotel project back on track
A $100 million investment by the Smorgon and Kanat families will create a regional resort with more than 100 rooms due to open in time for summer next year.
Wealth
'Lone Wolf' tycoon creates 68 millionaires with water empire
Zhong Shanshan's 84 per cent post-IPO stake in Nongfu is valued at $36 billion, putting his net worth at $52 billion.
Should I add managed funds to my SMSF?
Specialist managers add diversity but ETFs can play a role, writes John Wasiliev, who answers your questions on super.
Pandemic tests toll roads, construction, but AI well-positioned
There's a bumpy road ahead for Atlas-Arteria and Boral but Appen's future looks bright.
Technology
China play for TikTok's secret ingredient
TikTok's algorithm is the reason the viral video app, which has more than 2 billion downloads globally, is so addictive. Without it, a sale would be risky.
Tech stars raise more than $30m for new secondary fund
Aconex's Leigh Jasper, Salta Capital's David Tarascio, Andrew Sypkes and Ian Beatty are giving start-ups a way to offer early investors and employees liquidity.
Tech sector backs Facebook over 'terrible' government overreach
The debate about whether the ACCC's plan to make Facebook and Google pay media companies for journalism is falling strongly along industry lines.
Work & Careers
- Boss
- Life in Lockdown
Qantas chairman comes face to face with COVID-19's human toll
Richard Goyder warned that the best way of boosting the mental health of Australians was to produce a pathway for the reopening of the economy.
The age-old case for the 15-hour week
To understand the future of work, it's worth looking deep into our past.
Life & Luxury
Jeep's Gladiator is a rare beast: a 'truck' for offroad adventures
The pricing may be luxury, but this twin-cab pick-up is built to hit the rough – with family and friends in the front and motorbike and hang glider in the back.
Skippers fear Sydney to Hobart is on the rocks
Organisers will give an update in October on whether the 2020 Sydney to Hobart yacht race will go ahead.
From celebrity-spotting to private jet deals, travel is taking off
Add some spring to your step with these out-of-the ordinary experiences – that include, if you're lucky, a sighting of Nicole Kidman shooting a movie in Byron.
Former Omega watchmaker launched her own brand in six minutes
Being made redundant is never easy, especially when it happens while on maternity leave. But this entrepreneur turned her situation around in hardly any time.
Sotheby's lines up big NY Indigenous art sale
As Christie's cuts ties with Australian art, Sotheby's is so confident of the market for Aboriginal art it is consigning for a significant sale in December.
