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Australian scientists are aiming to develop a vaccine that can protect against possible future variants of the coronavirus.

New-generation vaccine may foil COVID-19 variants

While current vaccines direct antibodies at parts of the virus that can easily mutate, the new approach is to target a tiny part of the virus that cannot afford to change.

  • Jill Margo

RBA rate rises to boost bank profits

Interest rate rises in response to inflation would boost the profit margins of banks and be partly underwritten by the RBA if borrowing costs rise before 2024.

  • John Kehoe

Aware Super slashes emissions on path to net zero

Aware Super has slashed its emissions and is piling money into renewable energy, with the fund saying clarity on climate policy was key for the super sector.

  • Michael Read

G20’s climate side-step casts pall over COP26 summit

The failure of leaders from the world’s 20 biggest economies to bolster their climate ambitions has cast a pall over hopes the Glasgow summit can deliver a result.

  • Updated
  • Hans van Leeuwen

Frydenberg warns on ‘downside risks’ from China

The Treasurer says the slowdown in the Asian nation’s economy and construction sector poses a danger to Australia, particularly on demand for iron ore.

  • John Kehoe

Why rate rises could cost the RBA and government billions

Economists say the Reserve Bank could be forced to scrap its multibillion-dollar dividend to the government and may require a capital injection from Treasury.

  • John Kehoe

Opinion & Analysis

Australia’s vaccine-led escape from the gilded cage has begun

NSW and Victoria are now showing how other states - including WA - can safely start to rejoin the world as soon as their vaccination rates catch up.

The AFR View

Editorial

The AFR View

The road to net zero passes through nuclear power

Opposition to nuclear power is on par with unscientific anti-vax conspiracy theories, and just encourages reliance on coal.

Education establishment fails the curriculum reform test

Bureaucrats and academics stubbornly hang on to education practices and pet ideas that have no basis in evidence.

Glenn Fahey

Contributor

Glenn Fahey

How Morrison stifles carbon market forces

If the federal government can’t do anything constructive on climate change, it should at least get out of the way of those who can.

Craig Emerson

Columnist

Craig Emerson
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Yesterday

Australia’s vaccine-led escape from the gilded cage has begun

NSW and Victoria are now showing how other states - including WA - can safely start to rejoin the world as soon as their vaccination rates catch up.

  • The AFR View

The road to net zero passes through nuclear power

Opposition to nuclear power is on par with unscientific anti-vax conspiracy theories, and just encourages reliance on coal.

  • Nyunggai Warren Mundine

Education establishment fails the curriculum reform test

Bureaucrats and academics stubbornly hang on to education practices and pet ideas that have no basis in evidence.

  • Glenn Fahey

How Morrison stifles carbon market forces

If the federal government can’t do anything constructive on climate change, it should at least get out of the way of those who can.

  • Craig Emerson

October

COP26 won’t change Australia’s net zero challenge

Adopting a carbon price while much of the world hesitates over a credible plan for net zero would become Australia’s new competitive advantage.

  • The AFR View
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Australian businesses are putting on a show in Glasgow

Aussie execs are making the most of their newfound freedom to be in the UK: negotiating deals, signing pledges, networking and urging on the government.

  • Hans van Leeuwen

NSW mulls early freedoms for unvaccinated

The state is considering another change to its reopening road map as regional travel returns from Monday and quarantine ends for fully vaccinated travellers.

  • Finbar O'Mallon

Why the Reserve Bank may need to be recapitalised

The central bank does not have sufficient capital if it is to increase rates any time soon.

  • Grant Wilson

Investors want COP26 global consensus to tackle climate risk

The future stability of the global financial system depends on ambitious targets, and clear pathways to accelerate the carbon transition, emerging out of Glasgow.

  • Louise Davidson

Credible net zero plan takes more than tech

There are practical actions that can be taken right now to bend the emissions curve without new taxes or waiting for innovation.

  • Tony Wood

China’s falling factory activity a sign of economic woes ahead

Manufacturing activity contracted by more than expected in October, hurt by persistently high raw material prices and softer domestic demand.

  • Reuters

Amazon’s low-cost model challenged by higher wages

The e-commerce retailer mushroomed during years of stagnating US wages. It appears to be no match for a tight labour market.

  • The Lex Column

Virtue-signalling over substance is why Ardern’s not in Glasgow

New Zealand’s climate self-righteousness hasn’t been matched by emissions cuts. No wonder the Prime Minister of our now politically distant neighbour isn’t bothering to attend COP26.

  • Alexander Downer

Boris Johnson pins hopes on COP surprise from China, India

British Prime Minister Boris Johnson’s ability to pull off a successful COP26 summit looks to be resting precariously on hopes that the big hold-out countries like China and India might pull surprise new commitments out of the bag.

  • Hans van Leeuwen

G20 endorses global corporate minimum tax

Leaders of the world’s biggest economies on Saturday endorsed a global minimum tax on corporations, a linchpin of new international tax rules aimed at blunting the edge of fiscal paradises amid skyrocketing profits of some multinational businesses.

  • DAVID McHUGH, FRANCES D'EMILIO and SYLVIE CORBET
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10 long reads for this weekend

The week the global inflation story started to get real; the 27-year-old who’s made $170 million out of Oodies; and everything you need to know before you fly overseas.

  • Andrew Burke

Macquarie caught up in day of British climate protest

As CEO Shemara Wikramanayake heads to Glasgow for the COP26 summit, her bank’s involvement in a London road project drew activists to the group’s British HQ.

  • Hans van Leeuwen

The week inflation started to get very real

Prices are rising at petrol stations, on construction sites, at supermarket checkouts and throughout supply chains, and wages pressures are everywhere.

  • Ronald Mizen

Reserve Bank’s chance to start getting rates back to normal

Inflation shocks and a bond market revolt provide the stage for the bank to start walking back its forward guidance the cash rate will stay nailed to the floor until 2024.

  • The AFR View

CEOs up the climate ambition at Glasgow

CEOs of energy and resources companies want the COP26 climate change summit in Glasgow to accelerate progress towards net zero emissions.

  • Updated
  • Angela Macdonald-Smith, Peter Ker and Michael Roddan