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From left, Doug Emhoff, husband of Vice President-elect Kamala Harris, Harris, President-elect Joe Biden and his wife Jill Biden on stage together, Saturday, Nov. 7, 2020, in Wilmington, Del. (AP Photo/Andrew Harnik, Pool)

Biden to banish Trump demons

While the President refuses to concede defeat, the President-elect has delivered a heartfelt message to the US: 'It's time for our better angels to prevail.'

Prime Minister Scott Morrison at Kirribilli House.

PM to test China with veto powers

The foreign relations bill would give the Commonwealth wide powers to veto agreements between the states, local government and universities and foreign powers.

Aussie Home Loans has been fully owned by CBA since 2017.

CommBank's Aussie Home Loans shacks up for talks with Lendi

Commonwealth Bank of Australia is in talks to merge its old-fashioned mortgage broker Aussie Home Loans with sector newcomer Lendi.

Biden's victory sets markets up for gains

Wall Street has done best under Democrat presidents, with an average return of 14.6 per cent per annum since 1927.

PM will work with Biden on climate but won't change policy

Scott Morrison says he will hold his ground on climate change policy in the wake of Joe Biden's victory. Views differ within Labor.

Shadow haunts Biden's promise of a brighter future

Joe Biden is appealing to America's 'better angels' over its 'darkest impulses', writes Jennifer Hewett, but is it even possible for the US to dream of ending the country's bitter polarisation?

With Australia-China relationship at a critical point, can Biden help?

With Australia's relationship with China at a very dangerous stage, the timing of what is expected to be a 'more nuanced' approach from a Biden administration could not be more welcome, writes Phillip Coorey.

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AMERICA VOTES

Joe Biden wants to make America whole again

The mood has changed in America, with the President-elect set to restore basic values and end the policies that divided the nation.

Kamala Harris makes history many times over

'In a sense, it is the first time in American history that the election of the vice-president would be more historic than the election of the president.'

Georgia Democratic candidate for Senate Jon Ossoff speaks to the media as he rallies supporters for a run-off against Republican candidate Senator David Perdue.

Why the Georgia senator run-off matters

Two run-off elections set for early January will almost certainly determine which party has control of the Senate.

There will be a Trumpism after Trump

Despite plague, economic crisis and his own immense faults, Trump was a competitive candidate with a coalition that was more blue-collar and nonwhite than the Republican vote in 2012.

Biden preaches unity as Trump maintains silence

President-elect Joe Biden has reaffirmed that he 'seeks not to divide, but to unify' the US, while Donald Trump is yet to make an official statement on the result. Here's how the weekend unfolded.

Companies

The pressure on Coca-Cola Europe to raise its bid continues to mount.

Fourth Coca-Cola Amatil investor says takeover offer is too low

Setanta joins Pendal, Martin Currie & Antares in saying Coke Europe's offer for Amatil is too low. The four are close to having enough shares to block the bid.

Sydney's new metro is among the transport projects that have soared in cost compared with initial estimates.

Stop 'papering over' mega problems at megaprojects

The Grattan Institute says governments should be forced to analyse and disclose why the cost to build Australia's new metros and motorways keeps soaring.

Worley's successful defence of a $50 million claim could mean  class actions may be less likely to result in big-money pots.

Directors' insurance reprieve as Worley win steels C-suite nerves

After years of meteoric growth and increasing C-suite anxiety, the cost of directors and officers liability insurance should stabilise over coming years, but there's still plenty of pain to come.

Many TAB punters couldn't back Arcadia Queen and Luke Currie in the Mackinnon Stakes at Flemington on Saturday.

Tabcorp fails punters with tech outage

The racing industry and punters have been rocked by a disastrous outage across Tabcorp's wagering technology platforms.

De Grey targets top five gold mine

Upstart De Grey will have one of Australia's biggest gold mines if new targets for its Western Australian discovery are achieved.

BHP invests in hydrogen and carbon capture for Chinese steel

BHP will spend $48 million trying to reduce greenhouse gas emissions in its biggest market, the Chinese steel sector.

AGM season steadies outlook for stronger 2021

Corporate Australia is back on its feet and annual meeting season has struck a positive note with the market.

Markets

Global markets rallied strongly as the US voting count dragged on.

Joe Biden's victory sets markets up for gains

Wall Street has done best under Democrat presidents, with an average return of 14.6 per cent per annum since 1927.

Investors are upbeat on the US election result.

Biden win, split Congress a welcome result for markets

A Biden presidency and gridlocked Congress could well provide a Goldilocks environment for markets.

ASX rallies to best week in four after US election, QE

The Australian sharemarket posted its best week in four as investors cheered the US election and the Reserve Bank's first foray into quantitative easing. 

AGM season steadies outlook for stronger 2021

Corporate Australia is back on its feet and annual meeting season has struck a positive note with the market.

Household spending has bounced back fast

The RBA raised its forecast for household consumption to 13 per cent growth for June 2021 in Friday's quarterly statement of monetary policy, overtaking its forecast of 8 per cent made only three months ago.

Opinion

With Australia-China relationship at a critical point, can Biden help?

With Australia's relationship with China at a very dangerous stage, the timing of what is expected to be a 'more nuanced' approach from a Biden administration could not be more welcome.

Phillip Coorey

Political editor

Phillip Coorey

Shadow haunts Biden's promise of a brighter future

Joe Biden is appealing to America's 'better angels' over its 'darkest impulses', but is it even possible for the US to dream of ending the country's bitter polarisation?

President Biden has no option but to govern from the centre

The tight election means Joe Biden will have to run a moderate administration. That's good for America after the hyper-partisanship of the Trump years.

No return to the America of old

In a society rent by deep domestic cleavages, it is wishful thinking to expect a Biden presidency to restore America's historic leadership role in the Asia-Pacific region.

James Curran

Columnist

James Curran

Biden will have one hand tied behind his back from the start

Donald Trump is unlikely to be helpful during the 10-week transition between now and inauguration day. After that, Biden's known capacity for working with Republicans will really be tested.

Edward Luce

Columnist

Edward Luce

There will be a Trumpism after Trump

Despite plague, economic crisis and his own immense faults, Trump was a competitive candidate with a coalition that was more blue-collar and nonwhite than the Republican vote in 2012.

Ross Douthat

Contributor

Ross Douthat
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Politics

Scott Morrison wants to work with the US on climate change but won't change his policy.

PM will work with Biden on climate but won't change policy

Scott Morrison says he will hold his ground on climate change policy in the wake of Joe Biden's victory. Views differ within Labor.

Santa Monica Group chief executive Giuseppi Petroccitto says business is patchy.

Overcautious HR teams 'holding back' post-COVID recovery

'If you can squeeze 30,000 people into a stadium, it's not so bad to have 2000 people in a corporate tower,' says Brisbane bar owner Giuseppi Petroccitto.

COVID-19. Corona Virus. The ring of steel roadblocks around Melbourne. Seen here the police roadblock on the Geelong Freeway.. Photo by Jason South.16th September 2020

Melbourne reopens to the world

Business leaders in Victoria are calling for the final stage of restrictions on people's movements to be brought forward a week if the current run of no cases continues.

SA aims to poach from interstate as stimulus doubles to $4b

Premier Steven Marshall says the robust management of COVID-19 is a big selling point for the state as he chases companies to come set up shop.

Yes minister: bodies culled in big reset for federalism

A major review of federal relations has axed over 40 ministerial bodies and placed ministers back in charge of inter-governmental reform agendas.

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World

Aung San Suu Kyi's win will probably be by a lesser margin than the landslide victory that propelled her to power in 2015.

Myanmar's Suu Kyi favoured to win as election gets under way

The National League for Democracy is expected to win a second term in the second general election since the end of decades of military-backed rule.

Sushant Singh Rajput, who moved to Mumbai from the rural and impoverished state of Bihar, was portrayed as an outsider struggling with the heartlessness of the big city.

Bollywood fights back against prime time slurs

Finding themselves at the centre of a media trial, Bollywood stars say the TV channels' coverage is defamatory and have asked the court to block such reporting.

'Welcome back America': World leaders greet Biden win

The relief at Joe Biden's victory is palpable in Europe as Donald Trump seemed to revel in goading the Continent over Brexit, trade and the future of the NATO alliance.

Operation Moonshot: How Europe hopes to break the lockdown cycle

As the number of COVID-19 cases mount in Britain and across Europe, governments are praying for a vaccine and trialling large-scale testing to get through the crisis.

Europe to pay painful price for second lockdowns

A $1.2tn EU recovery fund is yet to ride to the rescue, as European economies face at least a two-year journey back to pre-pandemic levels.

Property

Competition for property on the northern beaches is heating up because of the "drive to lifestyle".

Pre-Christmas rush begins in Sydney property market

In Sydney 76 per cent of the 776 properties scheduled for auction sold on Saturday, while in Melbourne 68 per cent of 480 homes sold under the hammer.

Moira Station includes luxury accommodation.

New owners for 180-year-old Moira Station in Southern Riverina

The extensively renovated property includes a historic homestead set within established and manicured gardens and four luxury accommodation units.

Glengarry Station could make way for housing one day

Historic farm on block as $18m land bank

The historic holding has been owned for 160 years by the same family – its future, though, may be as a housing subdivision on the fringe of Melbourne.

Record low interest rates give house hunters a confidence boost

The latest move by the RBA to cut the official cash rate to just 0.1 per cent this week is expected to further stimulate the property market, with house hunters given a psychological boost.

The eastern suburbs where house prices are rising most

Home values in the coveted area have reached a record high overall, but a few unexpected neighbourhoods have been driving the trend.

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Wealth

Tom Lowe, right, and his father compete at sharemarket investing.

Meet the Millennial smashing his dad at share trading

What started as a hobby for 31-year-old Tom Lowe, quickly became a friendly stockpicking competition with his dad.

SMSF trustee guide to navigating way through pandemic

With COVID-19 having moved the goalposts even more dramatically than the GFC, failure to keep up with the changes will be costly.

How in-house investments unravelled Dixon

John Wasiliev looks at what went wrong at Dixon Advisory and what happens next.

Technology

Not fake news.  An example of how The Australian Financial Review saw the election.

No social media is safe: how election misinformation spread

Pinterest, LinkedIn and other smaller social media sites have again been forced into the war against misinformation this US election cycle.

For Microsoft, the new Xbox , pictured, is a chance to redeem itself from a lacklustre performance with the current console, the Xbox One.

The Xbox Series X is the most powerful console ever – with a catch

Two new gaming units from Microsoft, set to debut on November 10, feature impressive technical advancements but few games to showcase their power.

The flying car market has been tipped to be worth $US2.9 trillion by 2040.

Why the flying car revolution is finally all set to take off

In the UK, one man is using a different strategy that he hopes will allow Britain to become the market leader in the industry that has been tipped to be worth $US2.9 trillion by 2040.

Work & Careers

Former CFMEU national secretary Michael O'Connor has said the union is "totally dysfunctional".

CFMEU political influence at risk over loss of 'ferocious' advocate

Union leader Michael O'Connor, who has resigned, faced several no-confidence motions at national executive meetings and has been battling a poaching war led by John Setka.

60 Minutes pioneer Gerald Stone dies

Stone created a news and current affairs juggernaut that supercharged Nine's ratings and profits and changed the way we watch television.

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Life & Luxury

Know My Name

Donors race to back exhibition highlighting Australian women artists

The National Gallery of Australia's Know My Name initiative celebrates female artists from 1900 to the present day.

Nick, left, and Tom Wolfe returned to the family's berry farm in Nieka, Tasmania when the pandemic ended their performance schedule.

Adam Brand and Wolfe Brothers get back to the land

Whether it's gold prospecting or berry farming, Adam Brand and The Wolfe Brothers have been putting the 'country' back into 'country music artist' during their enforced break from touring.

Sarah Murphy and Angela Baker are among the artists opening their studios for the Design Canberra Festival.

Canberra shows off its mid-century design cred

This year's Design Canberra Festival includes tours of key mid-century buildings led by architect Michael Dysart and artists opening their studios to the public.

"My only ambition was always to be married," says author Fay Weldon.

You're never too old to divorce

At the age of 89, author Fay Weldon surprised everyone when she announced the end of her marriage.

It doesn’t seem to matter how tight the corner is, at almost any legal speed the DBS is unfazed.

Bond meets Batmobile in 'cartoon' Aston

With its bulging flanks, flared nostrils and massive wheels it may look almost like a cartoon Aston, but it's powerful and more practical than many exotics.

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