Why Australia's vaccine boost will take time
Having proved it is possible to provide some protection against COVID-19, Pfizer's vaccine has become a bellwether for other vaccines.
Japan Post bankers in six-point pitch to Toll suitors
JPMorgan and Nomura's opening pitch, more than a dozen pages long and obtained by Street Talk, focused on the business' scale, footprint and market positions within Australia's transport sector.
- 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.
- Live
- US votes 2020
White House empties as Trump gives up on governing
The defeated president appears to have abandoned all pretence of running the country. Follow live updates here.
Fifth of patients develop mental illness within 90 days: study
Australia will have to wait its turn for a chance at the Pfizer vaccine. Follow live updates.
McConnell digs in on stimulus package
The Senate majority leader says last week’s fall in the jobless rate to 6.9 per cent shows the US economy is weathering the storm "a whole lot better" than thought.
Sharemarket poised to rally into year end
Positive news of a vaccine on top of the US presidential election result has analysts hopeful of a much firmer outlook.
US ELECTION AFTERMATH
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.
More in the firing line as Trump 'terminates' Esper
Two White House officials said Mr Trump was not finished, and that Christopher Wray, the FBI director, and Gina Haspel, the CIA director, could be next in line to be fired.
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".
- Opinion
- US votes 2020
No, Trump will not run for president again in 2024
The prospect of a 2024 run is politically significant. It's also a complete fiction. Donald Trump won't risk another run.
Companies
- Exclusive
- Gas crisis
Jemena eyes partners for $5b-plus northern gas push
The unlisted gas pipeline owner is hoping to build more than 2000 kilometres of gas pipelines in the north over the next five to 10 years.
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.
Big businesses face new penalties for unfair contracts
The long-awaited shake-up is aimed at stopping big companies from squeezing small business partners.
Nutrien says farmers need partners with financial firepower
Canada's Nutrien defends foreign investment in agriculture a year on boosting its already dominant position in farm supplies with the acquisition of Ruralco.
'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.
Markets
How the economic outlook changes with vaccine timing
Getting an early vaccine is not a prerequisite for the Reserve Bank to upgrade economic growth. But a late vaccine could hurt growth, according to Goldman Sachs.
- Analysis
- World markets
Global markets need a dose of vaccine reality
Progress on a COVID-19 vaccine is to be welcomed but the Federal Reserve is right to warn about the "significant" risks to asset prices.
- Opinion
- Chanticleer
A wake-up call for ETF investors
The booming exchange traded funds industry has traps for those who don't do their due diligence, according to a leading academic.
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.
Opinion
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.
Columnist
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
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.
Contributor
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
Trump lost politicising COVID; let's not repeat the mistake
Pfizer's vaccine breakthrough is a classic public-private partnership between big government and big pharma. Turning the drug into a red versus blue state controversy will only discourage people from taking it.
Contributor
Politics
- Updated
- Political Leadership
Albanese faces leadership test as climate tensions rise
Anthony Albanese's leadership is facing scrutiny after Joel Fitzgibbon's departure exposed the extent of the party's split over climate policy.
Surveying too many Labor voters led to election polling 'fail'
Pollsters needs to adjust their methodology to gauge the views of less politically-engaged voters, industry report finds.
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.
SPONSORED
World
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.
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.
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.
Green energy fund backs Sunman's 'solar skins'
The investment into the lightweight solar panel comes as Sunman pushes ahead with plans to dramatically expand its range of possible uses.
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.
Wealth
- Opinion
- Property investment
Property lessons from 1990s recession
While history offers hope for a strong market recovery, several concerning issues could stymie a rebound.
Funder overturns 'chilling' decision on underpayment class actions
A court ruling that scraps a precedent requiring litigation funders to pay millions of dollars in costs upfront will prompt an increase in industrial relations class actions, lawyers say.
- 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.
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
Funder overturns 'chilling' decision on underpayment class actions
A court ruling that scraps a precedent requiring litigation funders to pay millions of dollars in costs upfront will prompt an increase in industrial relations class actions, lawyers say.
'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.
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.
