Business
Market movers
Updated
Earnings season
CBA’s quarterly profits surge to $2.4b
CBA’s March quarter profits bounced back as the banking giant cut its provisions for bad debts in response to the improving economy.
- by Clancy Yeates
Live
Markets Live
ASX dips 1.1%; Financials, real estate and materials drag
- by Lucy Battersby and Alex Druce
Currency
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Companies
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Startups
‘Paper bag test’: ASX tech star Appen criticised for skin colour test
Tech darling Appen has been hit by claims of racism in its recruitment processes after it asked job candidates to take a “paper bag test” about their skin colour.
- by Cara Waters
Qantas delays resumption of international flying after budget blow
Qantas has pushed back the restart date for most of its international network after the federal budget revealed Australia’s border will likely remain shut until the middle of next year.
- by Patrick Hatch
With the US election over, Fox News is pitching its softer side
- by Christopher Palmeri
Markets
Opinion
Inflation
Commodity boom adds to confusion about the outlook for inflation
- by Stephen Bartholomeusz
Analysis
Sharemarket
It’s complicated: Central banks are making passive investing trickier
- by Anneka Treon
People are flying to nowhere just to shop duty free during COVID
- by Kyunghee Park, Bruce Einhorn and Angelina Rascouet
The economy
Opinion
Interest rates
The world is partying hard on free money, but beware the hangover
- by Peter Hartcher
Opinion & Perspectives
Commodity boom adds to confusion about the outlook for inflation
Stephen Bartholomeusz
Does the new boom in commodity prices point to a longer and stronger post-pandemic surge in global growth and inflation than markets and central banks have assumed?
Banking & finance
Startups
Exclusive
Startups
‘Paper bag test’: ASX tech star Appen criticised for skin colour test
Tech darling Appen has been hit by claims of racism in its recruitment processes after it asked job candidates to take a “paper bag test” about their skin colour.
- by Cara Waters
‘You have to have your own back’: Women engineers building startups
Davina Adisusila is used to being one of the few women at software engineering events.
- by Cara Waters
Consumer affairs
Opinion
Superannuation
The real budget reforms that could make women’s lives better in retirement
- by Christina Hobbs