- Opinion
- Managed funds
Why an AMP board role is one of the trickiest jobs right now
The AMP board is under enormous pressure to wrap up the sale of the embattled group before it haemorrhages too many more staff or clients and the country heads off on summer holiday.
- Analysis
- Labor in turmoil
'Worst I've seen': Albanese, Fitzgibbon go at it hammer and tongs
Monday night's shadow cabinet meeting was the most explosive many had witnessed as Joel Fitzgibbon and Anthony Albanese traded blows over the US election and climate change.
- Opinion
- Governance
Way to throw your CEO under a bus
Corporate leaders believe the Cartier watch scandal reveals that Canberra holds unrealistic expectations of the talented executives hired from the private sector.
Glencore secures transfer pricing victory
The Anglo-Swiss mining giant's legal victory against the Tax Office could be Australia's most significant transfer pricing decision.
- Live
- US votes 2020
Why Trump says he'll run again
Donald Trump wants the world to think he is important even if he's not the President. His administration has ordered officials to block the transition process until the courts rule on his fraud claims. Joe Biden is acting presidential. Follow the news live here.
Fifth of patients develop mental health issues within 90 days: study
Vaccine approval would see travel bookings climb; Ed Husic to join Labor shadow cabinet; When the Pfizer vaccine will make it to market; Follow live updates here.
Culture review for unit at heart of $29.8m airport land deal
The NSW government unit - which is at the centre of the $27 million overpayment for land for the new Western Sydney Airport - will face a review after "very substantial" problems.
AMERICA VOTES
How America's suburbs moved away from Trump
On average, Joe Biden improved on Hillary Clinton's performance in 373 suburban counties around the US by about 4.6 percentage points.
Fox News cuts away from Kayleigh McEnany after she alleges vote fraud
Fox News anchor Neil Cavuto cut in to end Fox's broadcast from the White House, saying: "I can't in good countenance continue showing you this."
'Hoaxes and nonsense': GOP election officials reject Trump fraud claims
Gabriel Sterling, a lifelong Republican who manages Georgia's voting system, took to a lectern at the Capitol to dismiss criticism of election illegalities in the state as "fake news" and "disinformation".
Biden behaves as the incoming president, as Trump baulks at conceding
The President-elect urged Americans to wear masks, at one point holding one up during a speech in Wilmington, and sought to depoliticise the act of putting one on.
- Opinion
- US votes 2020
Australia's special interest in Biden's success
Failure to contain the pandemic will damage Joe Biden's authority – and make it more difficult to deal with the key China, climate, and trade policy challenges that matter for Australia, writes Alan Mitchell.
Companies
'The best news the travel industry has had all year'
Plummeting COVID-19 cases are encouraging Australians to book domestic holidays and news of a potential vaccine means overseas holidays may also be on the horizon.
NAB won’t budge further in fees-for-no-service case
The bank has drawn a line in the sand and rejects allegations of unconscionable conduct as being a bridge too far.
Virgin sale clears final major hurdle
Justice John Middleton has granted the order for the transfer of shares, which will likely take place early next week.
Domain chairman backs government to guide economy through downturn
The real estate marketing business has high praise for the government's pandemic support at its annual meeting.
Kestelman deal turns PAS Group into buyer rather than seller
The owner of the Review and Black Pepper chains is helping its new owner, Larry Kestelman's Queens Lane Capital, search for acquisitions.
Healius staff receive $15m in back pay
Medical business Healius has agreed to pay $400,000 as 'contrition' for underpaying thousands of nurses, doctors and administrative staff.
Surge in insolvencies will be good news for some
Insolvency experts expect to be hit by a wave of company collapses from January 1 after temporary relief measures to help businesses through the COVID-19 economic crisis expire.
Markets
Wild ride on ASX as vaccine jab spurs investors
A vaccine breakthrough lit a fire under energy, travel and retail stocks on the local market on Tuesday, but also proved a drag on tech and gold shares.
Pfizer vaccine threatens tech's outperformance
An improvement to the macro outlook on a COVID-19 vaccine could harm the valuations, if not the earnings, of tech businesses, according to analysts.
ASX rally rolls on; URW rockets 44pc, NAB up 8pc
The ASX closed at its highest level since March 5, extending this week's gains after a vaccine breakthrough from Pfizer and BioNTech helped investors build on US election euphoria. Unibail-Rodamco-Westfield was the standout, rallying to close 43.6 per cent higher in its best-ever ASX session.
Aussie bonds jump most since March on vaccine news
Bond traders have endured another volatile day as the RBA's presence wasn't enough to stem a swift sell-off.
Confidence surging back to pre-pandemic levels
Two key measures of confidence are now back to where they were before COVID-19 hit Australia, according to NAB and ANZ's latest surveys.
Opinion
Rules shift on the climate battlefield
Joel Fitzgibbon's resignation from Labor's frontbench is another example of Australia's continuing political brawls over climate changing policy. But the business community and the states are taking a different path.
Columnist
Way to throw your CEO under a bus
Corporate leaders believe the Cartier watch scandal reveals that Canberra holds unrealistic expectations of the talented executives hired from the private sector.
Columnist
I took the Pfizer COVID-19 vaccine. It's a miracle for genetic medicine
The great news about RNA vaccines is that they can easily be reprogrammed. Even after we defeat COVID-19, new viruses will come along.
Contributor
President Biden will send a very different climate wind our way
Failure to commit to net zero emissions by 2050 will leave Australia as isolated from the Biden administration as Tony Abbott was from the Obama White House.
Contributor
Sex scandals inflame Coalition's women problem
Female voters are turned off by what some see as the Coalition's blokey image. This will only be made worse by male MPs carousing around the Canberra bubble.
Senior correspondent
Populists worldwide have lost their leader
The US presidential election result is not only a big blow to Trump, but also to his fan club of international leaders. The more hardcore will dig in, hoping their hero can make an unlikely comeback in 2024.
Columnist
Politics
PM rules out action against ministers over sex allegations
Prime Minister Scott Morrison responded to allegations aired on the ABC by challenging Labor and the Canberra press gallery over their conduct inside Parliament House.
- Updated
- Political Leadership
Fitzgibbon quits frontbench as ALP climate crisis escalates
Shadow resources and agriculture minister Joel Fitzgibbon has quit the shadow cabinet over climate change policy.
Fresh foreign influence bills to get Labor approval
The Opposition wants amendments but ultimately won't derail laws vetoing deals signed by states and universities as well as the national security test for investors.
Electric car owners to pay road user charges in SA from 2021
SA will be the first state to make electric vehicle owners pay their way, as the Treasurer unveiled a big-spending 'high-vis' budget in which debt will rise to $33 billion.
SA budget winners and losers
Electric vehicle owners in SA will pay a road user charge from mid-2021 and tradies will be busy with an $850m injection into maintenance and upgrade spending.
SPONSORED
World
How America's suburbs moved away from Trump
On average, Joe Biden improved on Hillary Clinton's performance in 373 suburban counties around the US by about 4.6 percentage points.
Alibaba insists recession, political spat will not hurt Singles' Day sales
The world's biggest online shopping extravaganza kicks off in China on Wednesday, and Australian products traditionally rank high in the list of volume of sales to the planet's largest consumer market.
Britain bids to maintain post-Brexit London's financial pre-eminence
Chancellor Rishi Sunak unveils climate measures and digital plans for financial services, as the EU dithers over keeping the door open.
South Korea financial groups look to raise billions via IPOs
As many as six large financial companies are lining up listings on the Seoul bourse, starting in 2021 with the planned debuts of KakaoPay and Hyundai Card.
Armenia, Azerbaijan, Russia sign deal to end Nagorno-Karabakh conflict
President Putin said Russian peacekeepers would be deployed along the frontline in Nagorno-Karabakh and the corridor between the region and Armenia.
Property
Vaccine news a shot in the arm for malls, offices
Shopping mall owners and office landlords bounced on news of a successful vaccine, but logistics giant Goodman, which has surged on the increase in e-commerce, fell back.
Large companies want flexible office space after pandemic
Large corporate tenants around the globe will seek out more versatile office footprints and lease contracts, according to a new report.
Investors pump up Sydney servo prices
Cushman & Wakefield's latest auction shows how record-low borrowing costs make commercial assets with guaranteed returns attractive to investors.
Prestige property prices prove immune to pandemic
Australian cities' luxury property markets are continuing to see price growth despite the COVID-19 pandemic and Australia's first recession in three decades.
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.
Wealth
- Opinion
- Aged care
Why it's a mistake to pay aged care deposit for mum or dad
Helping out with lump sums often means increased costs elsewhere for your parents, so run through the numbers to decide on the best way you can help out.
- Opinion
- Investing
Compelling case for alternative assets
'Dark kitchens' and better healthcare are just a few examples of how fund managers are profiting from meeting changing needs.
- 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.
Technology
Facebook rolls out local alerts as news boycott looms
Facebook is promising to crack down on disinformation as it rolls out a new emergency alert system ahead of this summer's bushfire season.
- Opinion
- Video games
The new PlayStation 5's controller is a game-changer
The DualSense unit's so-called haptic feedback takes gaming technology to the next level in a big step forward.
Aussies fear tech regulatory crackdown will stall in new US Senate
Australian tech leaders say big tech is set for a reprieve from any major regulatory changes for at least two years, after the result of the US election.
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
Melbourne cinemas want help to keep the lights off
The projectors are rolling in Melbourne cinemas again, but operators say the industry needs a tailored support package to help it recover from lockdown.
Want an electric 911? Porsche's CEO has a message for you
Brand boss Oliver Blume weighs up the options for the future of the quintessential German sports car, including a hybrid.
You don't have to become vegan to save planet, says study
Researchers looked at five types of broad fixes to the food system and found that counting your calories can be just as effective.
Hit refresh with a bucket-list trip at home (and get NZ-ready)
As the nation prepares for borders up by Christmas, we look north – and across the pond – for inspiring ideas to help ease you out on the road.
How designers became pandemic first responders
The creativity sparked by the challenges of COVID-19 is helping to redefine public and political perceptions of the role of design.
