Market Recap
A wrap of the day's trading emailed weekday afternoons.
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Never miss a medal or great sporting moment with our morning email.
The Watchlist newsletter
Find out the next TV, streaming series and movies to add to your must-sees.
Higher disaster payments will in future start from day one
The new payment levels of $750 and $450 will apply from the start of any future lockdowns, as will the supplement for people on welfare, Prime Minister Scott Morrison says.
Greater Sydney’s latest COVID restrictions: What you need to know
Year 12s can go back from August 16 and construction can resume in some areas. Meanwhile, people in three more LGAs can’t leave for work unless exempted and a “singles bubble” has been introduced.
Live
Tokyo Olympics
A much calmer reaction by Titmus coach Dean Boxall
Dean Boxall will always be remembered for his celebratory antics, and there’s already even a video-game character based on his gyrations. Less publicised, but more poignant, will be the sight of Boxall after Ariarne Titmus’s medal presentation for the 200m freestyle.
’It’s just awesome: Australia win double rowing gold in Tokyo
Rosie Popa, Lucy Stephan, Annabelle McIntyre and Jessica Morrison stormed to gold before Alex Purnell, Spencer Turrin, Jack Hargreaves and Alex Hill made it a double in the coxless fours.
‘I’m very proud of what I’ve achieved’: Titmus leaves Ledecky in wake
Two days after winning her maiden Olympic gold medal, Ariarne Titmus has once again prevailed over US legend Katie Ledecky, this time in the 200m freestyle.
A gift from the GOAT: Simone Biles shows it’s OK to choke
Biles deciding not to compete in the gymnastics team final in Tokyo on Tuesday night told us more about this remarkable woman than had she performed brilliantly to win another gold medal.
Opinion
Olympics
It’s the human story in these COVID-marred Olympics we all needed
The past 18 months of the pandemic have dulled our senses, lowered our horizons, and curtailed our ambitions and a reminder that there is more to life than COVID has been not just timely but essential.
Gareth Parker
Columnist
Exclusive
White collar crime
Forum’s $500,000 car crash footage emerges as wealthy investors dodge bullet
The spectacular crash comes as high net worth investors unknowingly funded the alleged fraudsters’ purchase of a $50 million property portfolio using Westpac’s money.
Opinion
Iron ore
Rio, BHP shareholders should enjoy the deluge while it lasts
Rio and BHP will shower their shareholders with cash, again, this year. But there are clouds appearing as a more threatening future moves rapidly towards the mining giants.
Stephen Bartholomeusz
Senior business columnist
Roberts-Smith being treated like ‘human piñata’, his lawyer tells trial
The war veteran’s barrister said the defamation trial could not keep “dragging on” amid the COVID-19 pandemic and needed to be concluded as soon as possible.
CBD
City life
Everything old is new again: Clive Palmer’s party goes round and round
First it was the United Australia Party, then the Palmer United Party, now it’s Clive Palmer’s United Australia Party. Where to next?
‘Apologist for these thugs’: Ray Hadley slams Alan Jones
The 2GB host Ray Hadley is waging war on Alan Jones over his ex-colleague’s ongoing COVID-19 commentary on Sky News.
Director Kevin Smith masters new universe with He-Man for Netflix
The cult director’s first gig with the streaming giant, Masters of the Universe: Revelation, takes its source material seriously and it is somehow better for it.
‘Exfoliating isn’t necessary,’ and other male skincare myths
If you slather on the shaving gel, skip the moisturiser, or avoid exfoliation because you assume shaving has you covered, read on.
Dune and Princess Diana biopic to debut at Venice Film Festival
The festival, scheduled to run September 1-11, will also see the presentation of new films by Pedro Almodovar, Ridley Scott and Jane Campion.
Tokyo Olympics
From the futon
Table tennis
I have developed an unhealthy infatuation with table tennis
- by Andrew Webster
Sydney
Exclusive
Commercial real estate
Property king builds Kings Cross empire with a bourbon and beefsteak
Sydney’s former iconic and infamous Bourbon and Beefsteak pub and Les Girls nightclub will be turned into a $65 million upmarket hotel and apartment block.
Suspected gunman charged after allegedly producing firearm during police stop
NSW Police have arrested a suspected gunman who allegedly produced a firearm when officers attempted to question him after stopping his vehicle in Sydney’s west.
Pharmacies, mass clinics to offer under-40s AstraZeneca
NSW is banking on young people in Sydney’s west taking up the AstraZeneca vaccine to stem surging case numbers, with the shot once reserved for over-60s soon to be widely available to all adults.
Exclusive
Coronavirus pandemic
Taxpayers spend more than $580 million on COVID-19 testing in NSW
Laboratories have performed 2.2 million tests since Sydney’s outbreak began six weeks ago and private pathology companies receive a Medicare subsidy of $85 per test.
Updated
Coronavirus pandemic
‘Imprisonment’: Blacktown unit block in lockdown after outbreak
An apartment complex has been forced into lockdown after six residents across three households tested positive.
Politics
Exclusive
Healthcare
Federal Labor set to dump multibillion-dollar cancer and dental pledges
Labor is set to swing the axe on its pledges for free cancer treatment and dental care for pensioners in an effort to slimline its election spending promises.
Business
Apple, Microsoft, Google profits soared as the COVID-19 pandemic began to fade
Although Apple, Microsoft and Google owner Alphabet make their money in different ways, their latest results served as another reminder of the clout they wield.
World
Analysis
US politics
Who hired the hitman? Police officers demand answers from Capitol riot committee
Often tearful, sometimes profane, the officers called the rioters “terrorists” engaged in an “attempted coup” during a 3-1/2 hour congressional hearing.
Dan Balz
Opinion
Why the vaccinated should have more privileges
Cressida Gaukroger
Social and public policy researcher
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Property bydomain
How a 'dingy' Potts Point basement was transformed into a pied-a-terre
But before this could happen architect Brad Swartz first had to sort out a dodgy 1980s renovation in this property.
'Couldn't think of anything worse': Sydneysiders shun inner city
The premium people are prepared to pay to live close to the city is forecast to fall more steeply in the next three to five years.
Life & Culture
With points for perfect timing, show about women in Parliament reveals ugly truths
Annabel Crabb’s four-part series Ms Represented is a timely discussion of Australian women’s involvement in politics.
Sport
’It’s just awesome: Australia win double rowing gold in Tokyo
Rosie Popa, Lucy Stephan, Annabelle McIntyre and Jessica Morrison stormed to gold before Alex Purnell, Spencer Turrin, Jack Hargreaves and Alex Hill made it a double in the coxless fours.
Live
Tokyo Olympics
Tokyo Olympics LIVE updates: Titmus wins gold again as Australia claims five medals in one amazing hour
It’s been a glorious day for Australia, as Ariarne Titmus grabbed her second gold - among an incredible glut of six medals won on or in the water.
A gift from the GOAT: Simone Biles shows it’s OK to choke
Biles deciding not to compete in the gymnastics team final in Tokyo on Tuesday night told us more about this remarkable woman than had she performed brilliantly to win another gold medal.
‘I’m very proud of what I’ve achieved’: Titmus wins second gold as relay team claim bronze
Two days after winning her maiden Olympic gold medal, Ariarne Titmus has once again prevailed over US legend Katie Ledecky, this time in the 200m freestyle.
‘It’s been a long time coming’: Josh Green making the most of his Boomers debut
Despite moving to the US to chase his basketball dreams, NBA guard Josh Green has long desired to play for Australia and his dreams have come true at this Olympics.
Delay the Ashes or change rules to avoid farcical tour
If families of the England players are not allowed to enter Australia then the England and Wales Cricket Board must stand firm and say series is off.
Breaking
NRL 2021
NSWRL to abandon major competitions for 2021 due to pandemic
For the second season in a row, hundreds of footballers won’t get a chance to complete their season due to the latest coronavirus outbreak.
Have Your Say
Webster from the futon: I have developed an unhealthy infatuation with table tennis and that’s OK
Ever heard of ‘The Anaconda’? ‘The Defentist’? Welcome to the magical world of table tennis.