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Earthquake-triggered tsumanis sweep shores along Iwanuma in northern Japan.

After the wave: untold stories of Australia’s response to Fukushima

On the 10th anniversary of the earthquake and tsunami that devastated Japan, AFR Weekend reveals tales of terror, Australia’s doomsday planning and Canberra’s fears for a missing spy boss.

  • Liam Walsh and Angus Grigg
Houses are washed away by the tsunami in Sendai.

Doomsday embassy plan revealed for Japan nuke disaster

After explosions started at Fukushima nuclear plant, Australia’s embassy remained in Tokyo, but also prepared for the worst.

  • Liam Walsh and Angus Grigg

The biggest risk to the Australian economy is wasting the recovery

The Australian economy’s recovery from COVID-19 has arguably been the best in the world. Now we risk squandering that advantage.

  • Matthew Cranston

Can long weekend jolt Melbourne back to life?

Fresh data provided by the city council show that Melbourne pedestrian traffic is still 60 per cent lower than pre-lockdown averages.

  • Patrick Durkin

How a deal to save university jobs went horribly wrong

In a moment of rare unity, university leaders and the academics union agreed to work together in the wake of COVID-19. Then it came unstuck.

  • Julie Hare

Record trade surplus, retail sales surge add to recovery

The economic lights are shining brightly after Australia posted a record trade surplus in January, along with further gains in retail sales.

  • Matthew Cranston

Opinion & Analysis

The COVID-19 bubble is heading for a hard landing

The US Federal Reserve is now a prisoner of the forces it has unleashed. The COVID-19 bubble will crash in a stagflationary bust.

Nouriel Roubini

Contributor

Nouriel Roubini

Why royal commissions don’t always solve the problem

The split among the aged care commissioners has raised questions about the effectiveness of royal commissions to find solutions to complex policy issues.

Tom Burton

Government editor

Tom Burton

Big super’s sense of entitlement

The way REST feels entitled to the money of so-called ‘members’ spotlights the governance and other problems in the default superannuation system.

The AFR View

Editorial

The AFR View

Greensill on the brink

That the supply chain finance company is on the brink suggests it might be better if companies just paid their bills on time.

The AFR View

Editorial

The AFR View
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Yesterday

The COVID-19 bubble is heading for a hard landing

The US Federal Reserve is now a prisoner of the forces it has unleashed. The COVID-19 bubble will crash in a stagflationary bust.

  • Nouriel Roubini

Why royal commissions don’t always solve the problem

The split among the aged care commissioners has raised questions about the effectiveness of royal commissions to find solutions to complex policy issues.

  • Tom Burton

Big super’s sense of entitlement

The way REST feels entitled to the money of so-called ‘members’ spotlights the governance and other problems in the default superannuation system.

  • The AFR View

This Month

Greensill on the brink

That the supply chain finance company is on the brink suggests it might be better if companies just paid their bills on time.

  • The AFR View

The hidden warning behind rising bond yields

The Reserve Bank’s Jonathan Kearns says that if global bond investors demand higher risk premiums, that will infect other asset classes.

  • Jonathan Shapiro
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Liberal governments outspend Labor on COVID-19 stimulus

Liberal-led governments are the largest contributors to $327 billion spent in COVID-19 stimulus as they ditch long-held fiscal restraint and outspend Labor.

  • John Kehoe

Sluggish start in race to hit vaccine rollout target

The arithmetic shows that if 20 million adults are to be vaccinated by late October, Australia will have to set a world-leading pace of daily injections.

  • Elmer Funke Kupper

Are inflation fears justified?

The opening of the global economy tamed inflation. Putting up the barriers again is the reason to start worrying about it again.

  • Kenneth Rogoff

Discovery of people who control HIV naturally brings new hope

Researchers have identified two groups of people in Africa who have naturally controlled the HIV-AIDS virus without any medication.

  • Jill Margo

Household spending gives economy push to full recovery

The economy has climbed back to within 2 per cent of its pre-pandemic levels following a stunning surge in December quarter GDP that smashed economists’ expectations.

  • Updated
  • Matthew Cranston

Victoria’s spending surge great news for yoga instructors

Household spending by Victorians increased 10.4 per cent in the December quarter as tough lockdown restrictions were lifted and people could head back to spending on services such as yoga.

  • Matthew Cranston

Super performance test ‘sets wrong priority’

The government’s Your Future, Your Super reforms will push super trustees to choose short-term investment strategies over long-term options that generate higher returns for members, new research finds.

  • Ronald Mizen

How to turn the economic rebound into a solid recovery

The Australian economy has surged forward with a huge shot of stimulus. But we need some real changes to lock in the gains.

  • The AFR View

Recovery on track, but more mediocrity awaits

A powerful V-shaped economic rebound now seems assured, but the economy will not coast to a new post-virus nirvana.

  • Updated
  • John Kehoe

Rest should give ASIC sob story a rest

Perhaps the most extraordinary part of the civil action launched by the corporate watchdog against superannuation giant Rest is the industry fund’s reaction to it.

  • Updated
  • James Thomson
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States in the dark over vaccine rollout

NSW didn’t know about a Commonwealth plan to use the defence force for the vaccine rollout and doesn’t know how many nursing homes in the state have received the jab.

  • Updated
  • Finbar O'Mallon

Take away the punch bowl Dr Lowe, it’s making us sick

The RBA governor is the ring leader of another house price party. But he does not have the control that everyone thinks.

  • Andrew Mohl

Google baulks at proposed online safety bill

The search giant’s local branch says shorter timeframes to remove harmful content could result in the company pulling offline whole websites to meet deadlines.

  • Finbar O'Mallon

Financial regulators monitor surging house prices

They will more actively target credit growth, not house prices, when considering if they need to put the brakes on real estate loans.

  • John Kehoe