Battle looms over JobMaker wage subsidy scheme
Labor and crossbench senators want changes to JobMaker, arguing too many workers will be excluded from the hiring credit scheme.
Former staffer alleges affair with Population Minister Alan Tudge
The Population Minister and the Attorney-General Christian Porter are implicated in an investigation into inappropriate behaviour in Canberra.
Fear of lame-duck chaos as Trump stays silent on concession
Donald Trump’s refusal to concede defeat is stoking fears he will throw up roadblocks and booby traps for Joe Biden that could shut down government.
- Opinion
- Governance
ASIC in limbo as it stares at an uncertain future
There's a sense of despondency at Australia's corporate watchdog as the Morrison government awaits the Thom review before making some big decisions.
- Live
- US votes 2020
Proving fraud not the point: Trump insiders
Joe Biden has formed a taskforce to focus on combating coronavirus. Donald Trump's "fraud" hotline has been flooded with non-stop prank calls. Follow updates here.
I would have vetoed Cartier watch purchases: Australia Post chair
Lucio Di Bartolomeo moved to distance himself from the controversy over luxury gifts for senior executives under former chief executive Christine Holgate.
Biden to announce COVID-19 taskforce
US President-elect Joe Biden will announce a taskforce charged with developing a blueprint for containing the disease. NSW and Victoria record no new locally acquired COVID-19 cases. Follow the latest updates.
AMERICA VOTES
Early signs of Trump brake on quick Biden transition
Paperwork unlocking millions of dollars and giving taxpayer-funded transition teams access to government officials, office space and equipment look likely to be held up.
- Opinion
- US votes 2020
Obama's presidential style gets another term
Joe Biden is not so much an agent of change, as a reversion agent – he was elected to Make America Able to Sleep Again.
Biden and transition team ready to move on cabinet picks
The US President-elect and his transition team are expected to move quickly to fill positions in his cabinet, although he may be forced to make more moderate selections if Republicans retain control of the Senate.
A 'terrifying’ COVID-19 surge will land in Biden’s lap
The President-elect is in line to inherit one of the most serious and complicated national crises that any incoming president in more than a half-century has faced.
- Analysis
- US votes 2020
Biden – and science – will change how the pandemic is managed
Public health officials hope there will be a definite shift towards the science of containing the pandemic once the President-elect takes office.
Companies
Ex-CIMIC chairman $35m better off than investors
Marcelino Fernandez Verdes made at least $35m out of the company but investors are no better off than when he arrived in 2014.
Global Switch fire system incident triggered major Tabcorp outage
Tabcorp wagering services were forced offline over the weekend thanks to a smoke and "likely fire" incident at Global Switch's data centre in Sydney.
Banks bury AUSTRAC in junk reports
Banks on the back foot are contributing to a steep rise in suspicious matter reports to the financial intelligence regulator.
NSW energy plan raises worries on risks for consumers
The state's big plan to transform its energy market towards renewables is loved by clean energy investors but consumer groups and other energy suppliers are worried.
- Exclusive
- Broadcast rights
Stan, Nine set to snare French Open and Wimbledon
The media company and its streaming subsidiary hope to become the home of grand slam tennis, after securing Rugby Australia's rights for $100 million.
Revolut, TransferWise welcome new rules for 'digital wallets'
The Council of Financial Regulators and Senate select committee on fintech are examining the role of offshore tech companies providing 'banking' services.
Karoon takes ownership of Brazil's Bauna oil field
The $912 million deal with Petrobras has finally been completed – more than a year after it was first announced.
Markets
ASX roars to eight-month high, climbing 1.8pc
The Australian sharemarket charged higher on Monday with US President-elect Joe Biden's victory ending uncertainty that has weighed on the investment outlook for much of the year.
$A momentum lifts with US Senate outcome
The Federal Reserve could be forced to take action at its meeting in December if fiscal relief is caught in the US Senate, and see the Aussie dollar rise further.
ASX closes at eight month high; REA, Domain at record highs
The Australian sharemarket has closed at its highest level since March 5; Joe Biden has been declared President-elect; Karoon Energy completes Bauna acquisition; Tabcorp restores services following Saturday outage; Crown Melbourne set to reopen.
Ant faces tortuous path back to market as Beijing tightens rules
China’s agile fintechs expected to be treated more like closely controlled banks
- Opinion
- Tax avoidance
ATO loses landmark gold case, creating a budget hole
The Australian Taxation Office faces a budget black hole of more than $1.15 billion after it lost one of its most controversial tax cases on Friday.
Opinion
Australian exporters' China problem will only get worse
Australia is hoping a Biden presidency will manage some of the tensions between China and the US. But none of this will fix the tensions between Beijing and Canberra.
Columnist
How Australia can reboot its ties with the US and China
Reviving the Trans-Pacific Partnership is the kind of project that Canberra, Washington, and even Beijing could embrace together.
Columnist
Morrison left exposed to climate damage by Biden win
By refusing to budge on setting a net zero date, Canberra risks being forced to act anyway.
Columnist
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.
Political editor
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?
Columnist
A stronger Australia is needed for post-Trump America
A Biden presidency will not resolve Australia’s strategic dilemma. The country needs to continue to protect its sovereignty and build a stronger economy.
Editorial
Politics
Queensland now has more active COVID-19 cases than Victoria
Queensland Premier Annastacia Palaszczuk says she has no plans to bring forward her monthly border decision meeting, despite pleas from the tourism industry.
Trump backers live on in Canberra
Coalition MPs don't want to count the US President out just yet, with George Christensen and Craig Kelly publicly casting doubt that the US election has fallen in Joe Biden's favour.
Battle looms over JobMaker wage subsidy scheme
Labor and crossbench senators want changes to JobMaker, arguing too many workers will be excluded from the hiring credit scheme.
'Extreme and unrelenting' pressure on ABC
A senior ABC journalist has hit out at "extreme and unrelenting" pressure being applied over an investigation into the conduct of some of Australia's most senior politicians.
The billion-dollar productivity boost of circular thinking
A new report suggests pivoting to a more circular economy could unlock $23 billion in gross domestic product and create tens of thousands of jobs by 2025.
SPONSORED
World
Chinese state media reacts to Biden victory with cautious optimism
The immediate reaction to Joe Biden's victory Sunday was measured, indicating that China was willing to attempt, and indeed was eager for, a thaw.
Latino Democrats tell Mexican president to get with the program
A Biden presidency is seen as a chance to reset ties under stress since Trump made his first White House bid, tarring Mexican migrants as rapists and gun-runners and vowing to keep them out with a border wall.
Turkey’s finance minister resigns amid pressure over economy
Berat Albayrak's resignation comes a day after the head of Turkey's central bank was replaced.
Ethiopia’s leader reshuffles top officials amid Tigray conflict
Prime Minister Abiy Ahmed replaced the head of intelligence and the army chief, and appointed a new federal police commissioner. He also chose a new foreign minister.
Bolivia's socialists sweep back to power as Arce sworn in as President
Luis Arce was inaugurated in a ceremony in the highland city of La Paz, in front of heads of state from Argentina, Paraguay, Colombia and Spain.
Property
New metro to spur Flinders Street development
The historical Flinders Street building stands just near what will become the entrance to a new metro tunnel and a steady stream of daily commuters.
Domacom punts fractional investment in affordable housing
The ASX-listed investment platform is teaming up with affordable housing provider BlueCHP to boost private capital in key worker housing.
Singaporean developer Wee Hur buys $46m site for student accommodation
Listed Singaporean developer Wee Hur is looking past COVID-19 and a current slump in overseas students in Australia with plans to build more student accommodation.
It’s tea time at the historical mansion built for a bookie
An elaborate Melbourne mansion with a former life as a wedding reception centre will soon become an afternoon tea destination.
Two 'completely different' buyers fight for commuter-belt acreage
As metropolitan Melbourne emerges from the pandemic, many have made resolutions about where and how they want to live - and will fight for it.
Wealth
- Opinion
- Sharemarket
China dynamics offer rare earth opportunities
Australian producers could benefit as the US looks to diversify where it sources rare earths, used in anything from technology to healthcare.
- Opinion
- Chanticleer
Fink sees ‘a seismic reallocation of capital’
BlackRock boss Larry Fink says the firm is already winning fund flows thanks to the push by clients to invest with a climate risk overlay.
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.
Technology
- Opinion
- Tech crackdown
Fake news is just the tip of the (melting) iceberg
The US election might go down in history as the beginning of an era when Big Tech finally acknowledged the devastating effect it has been having on public discourse.
- Opinion
- Agriculture
Australia risks missing out on $700b agrifood tech industry
Exporting agritech is a fundamentally different opportunity than exporting agricultural produce, but the chance to lead the world is being ignored by government.
- Exclusive
- Venture capital
Remote worker management tech start-up raises funds
Australian venture capital fund Future Now Ventures has backed JESI, a start-up that has built technology to help organisations keep tabs on remote workers.
Work & Careers
'Brutal' year for Victorian students approaches end
For final-year students approaching the VCE, it's been hard – but there have been some good lessons.
Nursing report goes unanswered a year after it was handed down
The report made sweeping recommendations to reform nursing education, but there has been no official response.
Life & Luxury
The brand that spotted a gap in the sunscreen market
The founders of Australian suncare brand Ultra Violette are on a mission to make sun protection sexy.
- Opinion
- Diet
The A to Z list of foods that are good for you
As a nutritionist, I've compiled an alphabet of healthy consumables. Yours might differ according to your own health needs, of course, but this is mine.
Get ready for the summer of seltzers
Alcohol brands are going hard after Australia's summer daytime drinking crowd by marketing all new seltzers and ciders.
Wash or wipe? The odd lesson this MD learnt from a yoga guru in India
Since taking up yoga five years ago, Prime Build managing director Dean Willemsen has had his hamstrings stretched and his mind expanded.
Porsche and Embraer are selling a jet and car combo for $15m
The limited-edition pairing of the Phenom 300E private jet and 911 Turbo S supercar includes a custom Porsche Design 1919 Globetimer UTC watch and luggage set.
