Voters desert desperate Trump
Sounding tired, coughing and ignoring basic questions about when he last tested negative for COVID-19, the US President announced he's likely to resume campaign rallies over the weekend.
Wall Street rallies to end week, Atlassian surges and market cap nears $US50b
Renewed hopes for more stimulus provided a lift to the tech sector which paced the S&P 500 up heading into the weekend.
How the federal budget can boost your bottom line
Now that the ink on Treasury's annual tome is dry, savvy investors and taxpayers can start to size up some of the medium- and longer-term opportunities.
Property prices set to make a comeback
Prices across the nation’s residential real estate markets are stabilising and should begin to increase in the second half of next year after a mild downturn over coming months.
- Opinion
- Chanticleer
Beauty in year's biggest IPO
The year's biggest initial public offering, Adore Beauty Group, had to jump some unusual hurdles when doing the rounds of institutional investors.
The government's big confidence trick
The Morrison government is betting budget measures will breathe new life into an economy that's been flattened by the COVID-19 restrictions. Its success or otherwise depends on millions of individual decisions.
Morrison attacks Labor's childcare policy as too generous for the rich
Parliament agrees to fast-track tax cuts and investment tax breaks as leaders squabble over childcare costs.
Companies
Harold Mitchell flags end to Packer's people being executives in Crown
Known as the Consolidated Press Holdings (CPH) services agreement, the accord has been a factor in the ASX-listed company's operation since 2016.
The high cost of losing the Crown
A forced sale in a company facing increasing regulatory risk deprives James Packer of any premium that might otherwise be attached to such a large stake.
Buoyant business expects cashflow lifeline from write-offs
Businesses grew increasingly buoyant this week as details of how the government's instant asset write-off measure would work trickled down from Canberra.
- Exclusive
- Mergers & acquisitions
Could have Japan Post avoided the disastrous Toll purchase?
There were warning signs before Japan Post bought Toll that the company was in trouble.
All hail the new King of Kalgoorlie
When Bill Beament's Northern Star completes its $18 billion merger with Saracen, the vast majority of the Kalgoorlie goldfields will be held by one company.
No compensation for 'unsuitable' Crown
There are ample grounds for a finding of "unsuitability" against Crown and James Packer, say leading lawyers.
Tech crash forces Coles to turn away shoppers
More than 800 Coles supermarkets nationwide were turning customers away on Friday afternoon as a so-far-unidentified technical issue brought the company's payment processing systems to its knees.
Markets
Global markets warm to probability of blue sweep in US
A Trump presidency has been kind to Wall Street, but now the momentum is building for Democrat Joe Biden to win the presidential election in just over three weeks.
Budget, Biden's edge lead equities to best week in six months
Thanks to a business-friendly budget and the blue wave sweeping the US electoral polling, Australian shares had their best five-day return since the April sprint.
ASX up 5.4pc for week; Westpac raises GDP forecasts
The sharemarket notched up a fifth straight day of gains on Friday as growing US stimulus hopes and a positive reaction to the budget steered the S&P/ASX200 Index to a five-week high.
Deferrals point to spike in defaults: RBA
The Reserve Bank says measures such as loan deferrals have helped stricken home owners but the risk of default is rising.
- Opinion
- Big four
Big bank short-sellers now getting long
The major banks expected 12 per cent house price falls and a 9 per cent jobless rate but Australia’s outperformance means their share prices have significant upside, writes Christopher Joye.
Opinion
Daniel Andrews hit by own bus
Nonsense.That's the assessment of Victoria's former health minister Jenny Mikakos, after being thrown under the bus by her Premier Daniel Andrews.
BOSS Deputy editor
The Coalition's great stimulus shot goes wildly off target
It is a Coalition reflex to help out tradies when times are tough. Yet it has missed the hardest-hit section of its small-business base.
Columnist
We need more than low interest rates to cope with a $1.7trn debt
Australia owes it to the next generation of taxpayers to generate a faster rate of economic growth to lift their living standards and ensure the debt is manageable.
Senior writer
Activists question Boral's director appointments
Boral chairman Kathryn Fagg is standing by her decision to appoint Ryan Stokes and Richard Richards from Seven Group Holdings as directors.
Columnist
Big bank short-sellers now getting long
The major banks expected 12 per cent house price falls and a 9 per cent jobless rate but Australia’s outperformance means their share prices have significant upside.
Columnist
The budget's big-spending mindset must give way to reform
Josh Frydenberg is relying on incentives and markets to drive his stimulus. Even so, an era of spending must not become entrenched.
Editorial
Politics
The battle to encourage mothers back into the workforce
Anthony Albanese says his proposal to increase childcare subsidies is designed to encourage mothers back to work – a tussle Melanie and Thomas Unwin know well.
- Analysis
- QLD Votes 2020
A hard-hat campaign, but few hard-headed policies
Queensland Premier Annastacia Palaszczuk and Liberal National Party leader Deb Frecklinton have failed to ignite voter interest in the first week on the campaign trail.
Bickering over Queensland border continues as election heats up
Queensland's plan to open its borders to NSW on November 1 is still a possibility as NSW health authorities solve some mystery coronavirus cases on Friday.
Quarantine exemptions limited to a 'privileged group' as others suffer
NSW Health Minister Brad Hazzard lectured Queensland about compassion on Friday. But this Sydney resident has experienced little of that in hotel quarantine.
COVID-19 shutdowns hit alcohol tax take
The federal budget revealed a $670 million drop in forecast alcohol taxes over two years.
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World
Donald Trump's shrinking election campaign
Things are getting so bad for the US President, especially among his once solid senior vote, that even Joe Biden's brazen non-answers are failing to make a difference.
Indonesian protests reveal a nation on edge as economy slumps
The burning tyres, bus stops and motorbikes echo the violent uprisings that have punctuated the country's 75 years of independence.
China joins global initiative to distribute vaccines
The nation's foreign ministry said it wanted to ensure equitable distribution of vaccines, especially to developing countries.
Ardern maintains lead in NZ election poll
All recent polls have pointed to a victory for Jacinda Ardern's Labour Party, governing in a coalition with the Greens and New Zealand First.
Netflix wins legal battle to screen 'Bad Boy Billionaires' series
The win, after weeks of legal wrangling in courts, bolsters Netflix, which is ploughing hundreds of millions of dollars into India to offer more local content.
Property
Two Australian suburbs in world's top 10 coolest
Trendy areas of Sydney and Melbourne have made it into a list of the hippest places to live in this year's global ranking by Time Out magazine.
Working from home is changing apartment design
Buyers are wanting study nooks and offices instead of third bedrooms. But it's unclear how long these new demands will last.
Charter Hall inoculates for risk with hospital HQ deal
The deal neatly illustrates some of the dominant themes underpinning the commercial property investment following the COVID-19 pandemic disruption.
Unlisted funds beat property stocks through the crisis
Unlisted property funds withstood the June quarter economic downturn to deliver a 14.5 per cent return over the previous 12 months.
Australian Unity fund taps market for $50m
Australian Unity’s unlisted Diversified Property Fund has tapped investors for $50 million to partially fund its $100 million development pipeline and acquire new property assets.
Wealth
High-income households biggest winners from tax cuts
Fast-tracked tax cuts for 11 million Australians will deliver the most cash to high-income households, but analysis confirms the federal government's response to the COVID-19 crisis has lowered inequality.
- Opinion
- Big four
Big bank short-sellers now getting long
The major banks expected 12 per cent house price falls and a 9 per cent jobless rate but Australia’s outperformance means their share prices have significant upside, writes Christopher Joye.
- Opinion
- Federal budget
What the budget could mean for your SMSF
Just as all super members must take action with poor performers, DIY funds need to challenge advisers who give poor advice.
Technology
Why innovation is critical to nation’s economic recovery
Opportunities expected only in the distant future are now very close. To meet these challenges, businesses must innovate while redefining themselves.
Big tech has much to fear from a Biden presidency
A scathing US congressional report alleges systematic abuses of monopoly power by Apple, Facebook, Amazon and Google.
R&D reversal to spur job creation, more investment
Cochlear CEO Dig Howitt and Aconex co-founder Leigh Jasper say the backflip on cuts to the R&D tax incentive scheme will encourage more investment and generate jobs.
Work & Careers
Trusting your employees at home 'repays in spades', says Lara Poloni
The urban geography major landed the biggest job of her career when she became AECOM's global president. But it's a tough gig to do locked down in Melbourne.
Boral execs can't avoid Setka suit over 'malicious' blackmail charges
A judge has rejected claims that the CFMEU boss can't sue the two executives for malicious prosecution over a blackmail case that sensationally collapsed two years ago.
Life & Luxury
How did I get here? The career of David Byrne
Spike Lee's film of David Byrne's "American Utopia" show starts streaming on October 17. When the 68-year-old isn't making music, he might be on his bike.
Making sense of sorts of conspiracy jargon
Follow the breadcrumbs to the blue lobby to check on the doubles fooling the sheeple.
A rocky New York caper
Manhattan looks great in Sofia Coppola's new comedy, but its shallow human landscape disappoints.
If you want to be healthy at 80, you have to start by 50
Octagenarian medic and endurance cyclist Norman Lazarus says there are only three elements to a disease-free old age. But you have to start well in advance.
MCA celebrates extraordinary artist with first show since lockdown
This exhibition of works from across four decades of by Australian Chinese artist Lindy Lee was initially scheduled for a July opening.
