Out Now: The definitive list of Australia’s wealthiest people, now in its 38th year.
- Exclusive
- Governance
'Pile on': Business, political leaders defend Australia Post boss
The boss of Australian Super and a former foreign minister are among those who have praised Christine Holgate's leadership and integrity.
700km traffic jam snarls Paris as residents flee lockdown
Travellers from all states and territories, bar NSW and Victoria, can visit WA without quarantine from November 14.
RBA's rate cut to 'hurt recovery', savers
Former Reserve Bank board member Warwick McKibbin, along with fund managers and bankers, are suggesting that rate cuts and QE could hurt the economy now.
- Opinion
- Hayne fallout
Boe back in the box seat at AMP
It's clear AMP's senior executives hold all the trump cards in negotiations with potential acquirers of the embattled wealth giant.
'This is just a cover story': Melbourne mates defy corruption inquiry
Victorian investigators are using taped phones and secret videos to allege corruption, but two men are adamant they were only benefitting from gambling.
NSW Premier's office tried to stop evidence from staffer
The Premier's department tried to argue a staffer who shredded documents would be "unable to assist" a parliamentary inquiry. Labor says it "looks like a conspiracy."
Government to consider new privacy rights for citizens
Individuals could be compensated for privacy breaches under a wide-ranging review of privacy announced by federal Attorney-General Christian Porter.
RICH LIST
Ruslan and Anastasia Kogan: The making of a power couple
Newly married and newly minted, Ruslan and Anastasia Kogan are breaking new digital ground in business, technology and the arts.
Rich List 2020 in pictures
Financial Review photographers Louie Douvis and Dom Lorrimer worked their magic on the 2020 Rich listers. Here's a gallery of their work.
The full list: Australia's wealthiest 200 revealed
The Financial Review Rich List for 2020 proves it was a good year to own an iron ore mine. An office tower? Not so much.
Watch: Who made the cut and who didn't?
The AFR Rich List editors discuss this year's list – who made the cut and who didn't, and why.
Australia's cattle kings and queens on top of the world
Cattle prices are at record highs, adding to the fortunes of the Rich Listers who control vast tracts of land in rural Australia.
Companies
- Analysis
- Hedge funds
Why fake job ads may not matter to Seek
An already divided investment community is digesting Blue Orca's attack on Seek. It's quite possible the Zhaopin business has a fake jobs problem, but the extent to which investors will tolerate that is unclear.
Manager charged with insider trading over Sigma shares sale
ASIC alleges an employee of Sigma Healthcare had inside information when he sold shares before a stock tumble that would have cost him paper losses of more than $290,000.
- Opinion
- Chanticleer
AMP's days are numbered
While AMP persists with its strategy of selling assets, shareholders now find the prospect of someone else actually breaking the company into pieces. If the price is right, this would be a sound transfer of risk.
Red System alert: Why Amatil is being sold to the Europeans
Once one of The Coca-Cola Co's favoured bottlers, Amatil appears destined to be sold to a stronger peer as Atlanta tries to rebuild falling drink volumes.
- Updated
- Mergers & acquisitions
AMP rallies on US takeover bid confirmation
Shares in AMP jumped 17.6 per cent in the first hour of trade on Friday after the embattled wealth manager confirmed an acquisition offer from NYSE-listed Ares Management.
Origin slashes Qld drilling as soft gas market bites
The reduction in drilling rates at the Australia Pacific LNG venture comes as Shell took another write-down at its Prelude LNG project, underscoring the hit to producers from weak markets.
V/Line, Metro Trains executives terminated
V/Line CEO James Pinder and Metro Trains' Peter Bollas have lost their jobs after IBAC hearings revealed they received cash payments from a cleaning company.
Markets
ASX suffers worst week since April, gains 1.9pc in October
The Australian sharemarket fell 3.9 per cent over the week on US election uncertainty and concerns about rising COVID-19 cases in Europe and the US.
Facebook flags rising costs on tech's 'Super Thursday'
Strong results for US tech companies were offset by guidance for rising costs as investors, already nervous over COVID-19's resurgence, sent US futures lower.
- Analysis
- Hedge funds
Why fake job ads may not matter to Seek
An already divided investment community is digesting Blue Orca's attack on Seek. It's quite possible the Zhaopin business has a fake jobs problem, but the extent to which investors will tolerate that is unclear.
- Opinion
- Chanticleer
Virtual AGMs revolt is a matter of trust
The pushback from investors over a plan to permanently allow virtual AGMs goes directly to the broader disconnect between shareholders and directors.
Buy, hold, sell: Afterpay, ANZ, Transurban, Woodside Petroleum, CSL
Two fund managers look at the stocks that you can afford to buy on a 10-year view.
Opinion
President Biden with a Senate brake is the best outcome
The virus pandemic has probably finished off Donald Trump's flawed presidency. Yet his foes must not see his departure as vindication with no lessons in it for themselves.
Editorial
Why ANZ's Elliott is wrong about RBA's QE
Rather than criticising the central bank while borrowing billions from it at near-zero interest rates, fat-cat bankers should focus on how they can help the RBA get workers back into jobs, writes Christopher Joye.
Columnist
Is the RBA inflating a property price bubble?
A growing gap between residential property prices and rents could mean the RBA's unprecedented rate cuts and expected quantitative easing are laying the groundwork for the next property bubble.
Economics correspondent
CFOs to lead on investment opportunities
The challenge for executives in charge of company finances is to provide the leadership needed to seize the opportunities for investment emerging in the post-COVID world.
Editorial
RBA's recession fight not over yet
The RBA will announce five new stimulus measures next week, even as the economy limps out of a technical recession.
Senior writer
Now it's Labor's turn for a climate culture war
Labor cannot return to government and change climate policy without winning coal seats in Queensland. Can the party's Left be kept onside?
Political editor
Politics
WA and Queensland borders start to come down
Western Australia and Queensland have relaxed border controls, but maintained quarantine for travellers from regions and states with community transmission.
Government to consider new privacy rights for citizens
Individuals could be compensated for privacy breaches under a wide-ranging review of privacy announced by federal Attorney-General Christian Porter.
How Paladin's directors made $71m, then fell out
The Paladin brand has become toxic, but its two shareholders have walked away with millions from the Manus Island contract.
Morrison's top spy pick a 'partisan operative': Labor
Prime Minister Scott Morrison's choice of Andrew Shearer to head of the Office of National Intelligence should be reconsidered in the national interest, Labor said.
Pubs, travel agents and airlines race to open borders
As borders soften, people living in regional NSW can cross into Queensland for a Melbourne Cup lunch, while one Tasmanian publican jokingly claims he'll bar mainlanders.
SPONSORED
World
'It's silly season right now': Trump tries economy card play
Donald Trump tried to make the campaign about the economy again and Joe Biden stuck to his script of COVID, COVID, COVID as the rivals took the race to the key state of Florida. The numbers are still with Biden, but no one is writing off Trump with four days to go. See all Thursday's news here.
WTO leadership race now hinges on US election
If Donald Trump loses on Tuesday, some WTO officials think they should postpone the selection process until after Joe Biden is inaugurated.
China seeks technology self-reliance in five-year economic plan
China's new five-year plan was heavy on rhetoric and light on detail but it has pledged to become self-reliant on technology in the face of US sanctions.
British Labour leader Starmer boots out Jeremy Corbyn
The hard-left former leader downplayed a damning report into anti-Semitism on his watch, falling foul of Keir Starmer's 'zero tolerance' policy.
- Analysis
- US votes 2020
Trump to use misleading GDP data in 11th-hour voter pitch
The US President, who is desperately seeking to close a persistent polling gap to Joe Biden, has already taken credit for the third-quarter bounce, crowing that it will be the biggest on record. The calculations, however, hide a grim truth.
Property
Sydney's struggling King Street focuses on the future
One of Australia's oldest, longest and busiest commercial strips is looking to the future after it shut down in March, seeing restaurants and retail shops close forever.
Australia's richest property tycoons – and where they live
Almost a quarter of Australia's richest 200 people built their fortune through property – and now they live in mansions on large blocks with water views.
- Opinion
- Coronavirus pandemic
Why big cities will survive and thrive after the pandemic
Pandemics always lead to predictions of the demise of cities as urban dwellers and office workers flee but history shows that once people feel safe, they will be back.
Amazon expands in Melbourne at Dexus estate
The Ravenhall facility will increase the proportion of items the e-commerce giant can ship directly to its Victorian customers from Melbourne and enable quicker delivery.
- Exclusive
- Industrial
Fife Capital bags $80m bargain on giant Kaufland shed
Fife Capital paid only about half the $160m Kaufland spent on its giant distribution centre, but will see an immediate valuation uplift from the DHL lease.
Wealth
- Opinion
- Sharemarket
Why Disney's focus on streaming gives it a long growth runway
Managing content creation will put Disney in control of making what consumers want most, delivered in the way they prefer to consume it.
What do I do about my Dixon investments?
Making a complaint to ASIC or joining a class action are some options, writes John Wasiliev who answers your questions on super.
- Opinion
- Flat Chat
Passing the buck when there are no bucks to pass
What happens to the finances and maintenance of an apartment block if owners can't afford the levies?
Technology
Alphabet sales growth back as Google flooded with advertisers
The third quarter revenue growth reflected a bump in spending across each of Alphabet's key ads businesses, including search, YouTube and partner properties.
Amazon gets sales boost as more people shop online
The e-commerce giant expects to report net sales of $US112 billion to $US121 billion for the fourth quarter; which would be a record for it.
Apple sales beat driven by Macs and Watches
Apple said revenue and profits for the fiscal fourth quarter ended on September 26 were $US64.7 billion and 73 cents per share.
Work & Careers
- Exclusive
- Mining
BHP chairman's new CEO Academy
Aspiring chief executives and chairmen will be able to learn from Ken MacKenzie under a new venture with Melbourne Business School.
Tutoring the super rich
For many children, especially those from the most privileged families, childhood has become a time of toil. Take a look inside the world of private tuition.
Life & Luxury
Why this race really stops Australian racing
The Coolmore Stud Stakes, raced every year on Derby Day, has become a race that turns young stars into stallions sometimes worth hundreds of millions of dollars.
Crude, cringeworthy but compelling: Borat is back
As America's reality TV President turns the nation into a Jerry Springer show, satire hardly seems needed. But somehow, this is the right movie for our times.
Behind the scenes at the Melbourne Cup
How will the race that stops a nation outrun the coronavirus? We speak to a top trainer, a star jockey and the executive keeping the whole shebang on track.
Threads of desire from country to couture
After a pandemic-induced delay, a comprehensive survey of first First Nation designers is a pivotal moment for Australian fashion.
Romance in a perfume bottle, 100 years on
Oscar winner Marion Cotillard is the latest in a long line of stars to burnish the myth of Chanel No. 5 – with a mini romcom-cum-musical for its centenary.
