Market Recap
A wrap of the day's trading emailed weekday afternoons.
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An exclusive newsletter for subscribers from Lisa Davies.
What in the World newsletter
Our foreign correspondents on what’s making headlines around the world.
Updated
Israeli-Palestinian conflict
Israel begins fresh Gaza military offensive, troops massed on border
Israel’s military launched an offensive against the Palestinian territory of Gaza in the early hours, using ground forces to attack militant positions following days of spiralling violence.
NSW trumps daily vaccine record; no new cases
NSW Health says state health officials have administered 7942 vaccines in one day, beating yesterday’s record of 7552 doses.
Berejiklian shocked, distressed over Gareth Ward sexual violence allegations
Gladys Berejiklian says Parliament is “shocked and distressed” amid revelations state minister Gareth Ward is the subject of a police investigation into alleged sexual violence offences.
Breaking
Defamation
Barrister in Porter defamation fight may need to be ‘quarantined’ from case
A Federal Court judge has suggested a barrister may need to “isolate” themselves from the Christian Porter defamation case pending an application to stop them acting in the proceedings.
Australian banker paid David Cameron more than he earned as UK’s PM
The former British prime minister was accused of “stalking” rather than lobbying on behalf of controversial banker Lex Greensill.
Opinion
Federal budget
We need to wake up to the new economic normal
Our shift to relying on government spending rather than manipulating interest rates to manage the economy is not temporary.
Ross Gittins
Economics Editor
A former car racer is turning his sight to the sprint against fossil fuels
Neil Schembri wants to convert a disused power plant into a zone taking in industry, housing and even entertainment. “We’re used to taking the problem sites and making something good out of them,” he said. “This is certainly one of those.”
Updated
Super Netball
‘Any publicity is good publicity’: Stuart responds to angry netballers
Canberra Raiders coach Ricky Stuart drew the ire of Australian netballers by suggesting it wasn’t tough. He had a message for critics on Friday.
Breaking
NRL off-field behaviour
‘A frightening scene’: No conviction for Dylan Walker after pizza shop worker assault
The NRL star’s lawyer entered a guilty plea to one count of common assault at Downing Centre Local Court on Friday.
Dark Mofo to turn ashes of dead Tasmanians into fireworks
The edgy festival is making amends for recent controversy by putting First Nations artists at its centre: but hasn’t given up pushing the boundaries.
The puffer jacket trend no one saw coming: colour
Once the domain of tech nerds and hikers, the puffer jacket has become part of the modern urban uniform. But this winter, it’s looking a little different.
How Joel Edgerton’s cruellest role turned into a blessing
The 46-year-old actor was driven to play a ruthless slave catcher in the year’s most anticipated TV series. It may be his defining moment.
Three Michelin-starred chef new Crown restaurant may be the opening of 2021
After a series of COVID-related delays, Crown has announced the Michelin-starred chef will welcome her first Sydney diners in early July.
Opinion
Work therapy
Keeping it private: Toilet etiquette for the workplace
The idea that you might be under an obligation to chat with someone else while answering the call of nature is ludicrous.
Jonathan Rivett
Exclusive
Swimming
How one night in Rio lit the fire for Cody Simpson’s return to the pool
The Australian recording sensation explains why, with the world at his feet, he hit pause to live the spartan life of a swimmer and chase Olympic glory.
Editor's Picks
Opinion
Political leadership
Budget’s avalanche of money hides a vacuum
David Crowe
Chief political correspondent
Opinion
NRL 2021
The NRL expansion bid drawing inspiration from the LA Lakers
Andrew Webster
Chief Sports Writer
Just in
Sydney
Dark web drug dealer was ‘confident’ he would stay anonymous before arrest
A 27-year-old drug dealer due to learn his fate is expecting to stay in jail for a “large chunk” of his life.
Australian IPL stars could return this weekend to quarantine in Sydney
A deal is close to being finalised which would allow the cricketers to quarantine in Sydney, with Indian cricket authorities to foot the bill.
Puppy allegedly set alight at unit in Sydney’s south-west
A man has been charged with animal cruelty after the puppy was “deliberately set alight”. It was later humanely euthanised by police.
Horse breeder tells court he and teen backpacker were ‘in love’
A German backpacker who turned 19 while she was on Gregory Douglas’ horse stud was in a consensual relationship with him, the court heard.
NSW minister investigated by police over sexual violence allegations
The Berejiklian government has been plunged further into minority after Gareth Ward resigned from cabinet and moved to the crossbench.
Politics
Albanese pledges $10 billion to tackle soaring cost of housing
Labor has promised a $10 billion fund to cut housing costs for workers in a response to the federal budget that seeks to galvanise voter concerns about soaring house prices and rents.
Business
Opinion
Global economy
‘Ignoring all the warning signs’: The markets are losing faith in the Fed
The US is engaged in an astonishing monetary experiment and Wall Street is starting to doubt the fed’s assurances that everything is under control.
Ambrose Evans-Pritchard
World
Colonial Pipeline paid hackers nearly $6.5 million in ransom
The company paid the hefty ransom in untraceable cryptocurrency within hours of the cyber attack, which shut down the United States’ largest fuel pipeline.
Opinion
Budget’s avalanche of money hides a vacuum
David Crowe
Chief political correspondent
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Property bydomain
'This doesn't seem up to code': House falling off cliff sells for $250,000
There are some feats of engineering that make you go 'wow'. Set on the edge of a crumbling cliff, this isn't one of them.
The best homes open for inspection in Sydney this weekend
From a Victorian-style residence to a modern architect-designed family home, there is something for all tastes in this weekend’s open homes.
Life & Culture
Analysis
Talk shows
Ellen DeGeneres is ending her talk show, but was she really cancelled?
Social media was quick to proclaim the Emmy-winning chat show host had been #cancelled. The truth is far more complicated.
Sport
Exclusive
Swimming
How one night in Rio lit the fire for Cody Simpson’s return to the pool
The Australian recording sensation explains why, with the world at his feet, he hit pause to live the spartan life of a swimmer and chase Olympic glory.
Updated
Super Netball
‘Any publicity is good publicity’: Stuart responds to angry netballers
Canberra Raiders coach Ricky Stuart drew the ire of Australian netballers by suggesting it wasn’t tough. He had a message for critics on Friday.
Tenpin bowling and Tiley: Why To’omua is staying at the Rebels
The Wallabies playmaker has extended his time at the Melbourne Super Rugby franchise and will remain part of the Australian set-up until at least 2023.
Opinion
NRL 2021
The Brisbane NRL expansion bid drawing inspiration from the LA Lakers
The NRL’s expansion battle is heating up. The Brisbane Firehawks, led by former Souths boss Shane Richardson, are trying to be something league has never seen before.
Andrew Webster
Chief Sports Writer
Sydney A-League teams unveil $60m plans for centres of excellence
Sydney FC will establish a $20m home base at Macquarie University, while Macarthur are set to reap the benefits of a $38m centre in Sydney’s south west.
Dale Hopgood died after a game of footy. On Sunday, his son makes his NRL debut
J’maine Hopgood’s father died of a heart attack following a game of rugby league. The young Panther hopes to honour his memory in his debut on Sunday.
Updated
NRL 2021
‘One of the toughest decisions I’ve made’: Why Reynolds joined Broncos
In his first interview since news of his signing for the Broncos, Adam Reynolds explains why he decided to join Brisbane over staying with his beloved South Sydney.
Have Your Say
Paine might be backing Smith to regain the captaincy, but will the CA board?
The rousing applause that followed Tim Paine’s support for Steve Smith will not have gone unnoticed by Cricket Australia. Three directors were there, including the chairman.
