Today
Monash Investors done with LIC, lingering discount
Long/short Australian equities manager Monash Investors’ ASX-listed fund is LIC-ing the dust.
- 15 mins ago
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Darwin Port lease owner drafts in advisers for gas IPO
Chinese-owned infrastructure investor Landbridge has a fair bit on its plate!
- 17 mins ago
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Economic recovery absorbs JobKeeper withdrawal: Frydenberg
The government has claimed vindication for ending JobKeeper, after 105,000 people dropped off income support in April.
- 18 mins ago
- Phillip Coorey
Private QR providers fume after being dumped by Victorian government
Sixteen private check-in providers have been dumped by the Victorian government, after poor compliance prompted it to mandate the Service Vic app for all venues.
- 1 hr ago
- Tom Burton
Fundies crave a bolder-thinking budget
Surely there are better ways to deploy the iron ore windfall than a $1.7 billion childcare package that will just result in operators lifting fees, fund managers say.
- Updated
- Vesna Poljak
Apollo Global MD contracts COVID-19 in Sydney
Investment giant Apollo Global Management managing director Tom Pizzey is the Sydney person who has been diagnosed with COVID-19.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Dogecoin plunges after Elon Musk appears on SNL
Dogecoin declined during Elon Musk’s appearance on Saturday Night Live, where the billionaire jokingly called the digital asset a ‘hustle’.
- Joanna Ossinger
Crown royal commission to grill WA gaming regulator
The WA gaming regulator will be questioned about money laundering at Crown Perth in the first week of the royal commission’s public hearings.
- Elouise Fowler
Housing affordability budget promises will likely drive up prices
Federal budget measures designed to help single parents and first home buyers get a foot in the property market risk further inflating house prices, experts say.
- Hannah Wootton
- Opinion
- The AFR View
Fadden’s ‘horror’ 1951 budget is a lesson in sacrifice
The chief lesson of the 1951 budget is that prioritising short-term economic and political imperatives can ultimately require drastic corrective action.
- The AFR View
China says debris from its Long March rocket landed in the ocean
Unlike other large launch vehicles that typically fall back to Earth in a pre-planned area, the Long March 5B’s core stage went into orbit, too.
- Updated
- Bruce Einhorn
Officials insist Olympic Games are on as Tokyo extends lockdown
Tokyo has extended a state of emergency as coronavirus infections in the city topped 1000 on Saturday but organisers say the Olympics will still go ahead.
- Michael Smith and Michael Bleby
Sydney restrictions extended as Australia’s reopening date delayed
New Zealand will reopen the trans-Tasman bubble with NSW, but Treasurer Josh Frydenberg says Tuesday’s budget assumes borders won’t reopen until 2022.
- Updated
- Finbar O'Mallon
- Opinion
- Ethical investing
Private investors lead the way on social responsibility
Companies that do the right thing are likely to experience a material advantage in a lower cost of capital, and investors can earn well while helping the planet.
- James Wright
Higher volumes take heat off the housing market
Higher price expectations and rising stock levels have seen clearance rates fall.
- Nila Sweeney
- Opinion
- Insolvency
Business smarts is why the insolvency ‘cliff’ has disappeared
There are few ‘zombies’ after the end of JobKeeper because firms have horded cash and restructured debt. The challenge now is seizing opportunities on the other side of hibernation.
- Scott Langdon
- Opinion
- Aged care
Here comes another Baby Boomer bailout
The elderly should sell their homes to pay for care rather than get even more subsidies from the federal budget.
- Aaron Patrick
New banking, energy and telco data services promised
An expansion of the consumer data right system is expected to promote a swag of new service offerings in the banking, energy and communication sectors.
- Tom Burton
Di Marco doubles down on ‘arrogant’ proxy advisers
TechnologyOne founder and chairman Adrian Di Marco has continued his attack on proxy advisers, as superannuation funds warn against reforms to proxy advice.
- Michael Read and Patrick Durkin
