How Rio plans to rebuild after the Jacques era
Rio Tinto's chairman Simon Thompson has vowed that Australia will wrest back control of the mining company after the exit of Jean-Sebastien Jacques.
Why the big four banks still want to manage your money
Reports of CBA, NAB, ANZ and Westpac abandoning wealth management are wide of the mark. They've just headed upmarket.
Virus crackdown causing real estate deals to collapse
Buyers are begging for extended settlement terms as COVID-19 means they cannot sell their homes to pay for new properties.
He aimed for the stars. But Jacques failed Rio's grassroots
Jean-Sebastien Jacques wanted Rio Tinto to take on the world, but he failed to take care of the basics in its Australian backyard.
Dispatched: A bittersweet farewell to China
China correspondent Michael Smith was caught up in dramatic diplomatic games that forced him to leave the country - and says the rules for foreign journalists have changed.
- Exclusive
- Coronavirus pandemic
Andrews' top adviser calls for restrictions to be eased
The chairman of the Andrews' government advisory group, Paul Little, says virus measures are a blunt tool and it's time for them to be relaxed where safe.
- Exclusive
- Cyber security
Hacked: 'Best Australian financial data' for sale on the dark web
Stolen data from Australian businesses is being auctioned on the dark web for up to $82,000, with loan information, drivers' licences, Medicare cards and passports up for grabs.
AUSTRALIA'S CHINA CHALLENGE
Business hopes for a China reboot suffer blow
China's top trade expo is unlikely to see Trade Minister Simon Birmingham attend because of travel restrictions.
Why Chinese censors took the axe to Patrick White
In translating David Marr's biography of Patrick White, expelled academic Chen Hong took out much of the sex and gritty detail.
Why your super is making the long march to China
UBS' Hayden Briscoe has spent years predicting the rise of Chinese bonds as the next big thing for global markets. His vindication is now at hand as the interest from Australian funds in Chinese stocks and bonds heats up.
- Analysis
- Australia's China challenge
Were we caught up in a Sino-Australian tit-for-tat row?
The Australian Financial Review's China correspondent wonders if ASIO's raids on the homes of Chinese journalists in Australia endangered three Australians working in China.
The China syndrome: journalists who become spies
The expulsion of Australia's last reporters from China began with a fight between Beijing and the Trump administration.
Companies
Jacques' $11.5m of incentive shares may stay intact
Departing Rio Tinto chief executive Jean-Sebastien Jacques was due to be allocated shares worth $11.5 million in March under a long-term incentive plan due to vest in 2025.
How travel's lone survivor stared down short-sellers
How has Corporate Travel Management survived a share-price attack and not raised money in COVID-19? Here's what its trash-talking CEO says.
NAB chief calls for national path to open borders
Ross McEwan says a failure to open our state and national borders will prolong the economic pain from the pandemic and waste government's effort to stimulate the economy.
- Updated
- Insider trading
Ho gets three years for Big Un insider trading
Former Maple Brown Abbott analyst Michael Ho has been handed a three-year prison sentence for insider trading but will serve it in the community after pleading guilty and helping authorities.
Seven moves to dump Cricket Australia deal
The dispute between Seven and Cricket Australia could next move to mediation, then arbitration and potentially into court.
Billion-dollar burden weighs on ailing refiners
COVID-19 has intensified the crisis for Australia's remaining oil refineries while the need for costly upgrades clouds their future, just when retaining critical manufacturing has become a priority.
- Updated
- Mining
Rio Tinto boss JS Jacques steps down
The three executives held partially responsible for the Juukan Gorge debacle will leave the company after a shareholder revolt over lenient punishment.
Markets
Fund managers call for open borders
Fund managers are throwing their weight behind calls to ease or remove state border restrictions, warning that uncertainty is raising costs for businesses and stalling the economic recovery.
Wall Street posts second straight weekly drop on tech
The tech sector posted its fifth decline in six days and biggest weekly percentage decline since March with the path of least resistance seen still lower.
ASX ends lower after a rollercoaster week
The Australian sharemarket ended a rollercoaster week slightly lower on Friday as wild swings in the price of US tech stocks wreaked havoc on local shares.
- Opinion
- Global economy
Peloton is riding the K-shaped recovery
The pandemic is exacerbating - and accelerating - the gap between America's haves and have-nots.
- Opinion
- Property market
House price bears are turning bullish
It's becoming increasingly clear the deeply pessimistic predictions for the Aussie housing market will not be realised, writes Christopher Joye.
Opinion
Why the NSW government almost self-destructed over koalas
Country voters worry the NSW Environment Department has engaged in regulatory land grab that will give Green-controlled councils more power.
Senior correspondent
Something better from the rubble of Juukan Gorge
Rio Tinto once led the way in community and Indigenous relations. With a revived Australian identity, it could do so again.
Editorial
New virus facts ignored by politicians too stubborn to change
Wars, elections and football grand finals show that some of the best leadership decisions arose from admissions that original strategies were flawed and a change of course was necessary.
Senior writer
Five dangerous myths in Australia's relations with China
This is not just a problem of over-heated rhetoric or a cycle of tit-for-tat. China is playing an entirely different game from us.
Contributor
Donald Trump's plot against America
A contested US election result would have a negative effect on Australia’s relationship with the world's two big powers at a dangerous time.
Senior writer
House price bears are turning bullish
It's becoming increasingly clear the deeply pessimistic predictions for the Aussie housing market will not be realised, writes Christopher Joye.
Columnist
Politics
Andrews bats on, given 80pc odds to stay
The Victorian Premier insists he will not take a day off until the virus is defeated, as more than $6500 in bets are placed on his tenure.
- Exclusive
- Coronavirus pandemic
Department blamed as recovered elderly kept in isolation
Delays from Victoria's health department in processing aged care residents who have recovered from coronavirus have left 20 residents of an upmarket Brighton nursing home detained in isolation and may be falsely inflating the state's active case numbers.
- Exclusive
- Oil
Angus Taylor rules out delay to tighter fuel standards
The Morrison government said increasing domestic oil supplies would ensure fuel security and boost jobs in the post-coronavirus economic recovery.
'A crap shoot': counting the cost of lockdown
As Victoria faces a long road out of lockdown, business leaders, economists and some health experts worry the government has set the bar too high to ease restrictions.
- Opinion
- China relations
Five dangerous myths in Australia's relations with China
This is not just a problem of over-heated rhetoric or a cycle of tit-for-tat. China is playing an entirely different game from us.
SPONSORED
World
Why keeping our kids in America became intolerable
American families' anger over months of home schooling due to the mishandling of the crisis has made education a key election issue, and may be why Trump trails Biden.
China, India agree to disengage troops on contested border
The agreement came after a clash in the border area in the western Himalayas earlier this week.
Jakarta declares emergency as pandemic swamps hospitals
From Monday the sprawling Indonesian capital will be locked down, with 11 million people largely restricted to their homes.
One of the world's best restaurants will reopen after all
Eleven Madison Park's chef-owner, Daniel Humm, estimates that the elite dining room could be back as early as November after striking a deal with its landlord.
Europe faces up to pandemic's second wave
France is set to follow Britain in reimposing some restrictions, but many European countries are wary of indiscriminate lockdowns.
Property
- Opinion
- Property market
House price bears are turning bullish
It's becoming increasingly clear the deeply pessimistic predictions for the Aussie housing market will not be realised, writes Christopher Joye.
Mystery buyer of $95m Sydney trophy home revealed
'John' Changjin Li has been tipped as the purchaser of the Potts Point property Edgewater, sold this week by the co-founders of Katies clothing chain.
Chinese walkout sharpens focus on Lendlease
For Lendlease Group, Shanghai-listed Poly Group's decision to walk away from advanced negotiations for a near $300 million sale is far more significant than a failed deal.
Dexus fund offloads $450m-plus tower during Melbourne lockdown
A wholesale fund managed by Dexus has sold a 22-level A-grade tower in the Melbourne CBD, in a deal worth more than $450 million, to German investor Deka Immobilien.
Charter Hall crosses the ditch for BP portfolio in NZ
The sale and leaseback-style deal with BP gives Charter Hall a 49 per cent stake in a portfolio of 70 properties.
Wealth
- Opinion
- Flat Chat
Why your email address is not for your eyes only
There's a conundrum in apartment blocks where emailing neighbours is the quickest way to highlight potential problems, but privacy is an issue.
The last say on your favourite charities
A novelist and a teacher outline how they have organised bequests in their wills and why it's important to them.
- Exclusive
- Superannuation
The climate is ripe for investing in Asia
Asia remains a great opportunity for Australian investors despite the ravages of the pandemic and the deterioration in international relations.
Technology
- Exclusive
- Cyber security
Hacked: 'Best Australian financial data' for sale on the dark web
Stolen data from Australian businesses is being auctioned on the dark web for up to $82,000, with loan information, drivers' licences, Medicare cards and passports up for grabs.
Lectures should stay online forever: MIT professor
But exciting student curiosity and providing real-time coaching should return to in-person learning after the pandemic, adds MIT's Sanjay Sarma.
- Opinion
- Phones
Why Samsung's Galaxy Z Fold2 can kiss my …
If there was smartphone this year that could rekindle your interest in that fairly stagnant category of technology, this is probably it.
Work & Careers
Women at a disadvantage in return to office: top lawyer
Women could find themselves being sidelined due to unconscious bias in the workplace, one of Australia's top corporate lawyers says.
COVID-19 stalls dock worker strikes
The maritime union has been forced to give longer notice for industrial action due to COVID-19 making employers more vulnerable to freight disruptions.
Life & Luxury
Cruise control: sailors scuppered by health restrictions
Sydney's sailing industry is adapting to the coronavirus pandemic but wants the NSW government to relax health restrictions sooner rather than later.
Hillary Clinton, a politician beaten by politics
This 4-part series is a rollicking overview of just how messy politics can get as seen through one of the most prominent female politicians of our time.
Boutique wine producer shows how to harvest new markets
A local boutique wine producer is finding new markets to replace China.
- Opinion
- Billionaires
Inside the billionaires' wives club
As Barbara Amiel's book exposes the cut-throat world of the super-rich, Chantal Clarendon recalls her own front-row seat.
The luxury's in the details of new S-Class
Even when you're in full manual mode, “little angels in the background" will take care of you, Ola Källenius promises on launching the marque's latest flagship.
