Today
- Opinion
- Glasgow summit
Xi’s inaction turns globalisation into global warming
The true dividend of welcoming of China into the global economic order is a climate catastrophe. The dilemma is what the US and Europe can do about this at COP26.
- 5 mins ago
- Adrian Blundell-Wignall
- Exclusive
- Cryptocurrencies
CBA to add crypto to its banking app
The Commonwealth Bank’s move marks a coming of age for digital currencies, seen by some investors as hedges against decades of central bank profligacy.
- 5 mins ago
- James Eyers
- Opinion
- Inside China
Josh Frydenberg is right to be worried about China
The deepening malaise in China’s $87 trillion real estate market is casting a dark shadow over Australia’s economic recovery.
- 5 mins ago
- Karen Maley
The nation’s best accounting firms in 2021 revealed
The Australian Financial Review’s list of Top 100 Accounting Firms explores how the industry is performing amid the COVID-19 pandemic.
- 5 mins ago
- Edmund Tadros
Former Leighton executive David Savage heads back to court
He is expected to return to Australia from France this month to attend a court hearing in connection with a long-running bribery investigation.
- 5 mins ago
- Jenny Wiggins
- Exclusive
- Wealth Generation
Magellan, Zip CEO back Millennial podcasters
The four-year-old financial media start-up has closed a seed funding round and will use the fresh capital to hire three full-time employees and launch new podcasts.
- 5 mins ago
- Aleks Vickovich
From Queensland to the metaverse: Roblox game creator raises $27m
The Brisbane-based creators of music-making game Splash have 3 million active monthly users and are chasing more as the boundaries between gaming and social media break down.
- 5 mins ago
- Michael Bailey
‘Inundated’: Pandemic boosts accounting income, but staff crisis grows
Strong demand from clients wanting assistance navigating the COVID-19 pandemic has boosted revenue across the country’s largest accounting firms, with the ongoing shortage of professionals across the sector now the main constraint on the sector.
- 5 mins ago
- Edmund Tadros
- Analysis
- Cryptocurrencies
Lack of crypto advice a hurdle for would-be buyers
Financial advisers cannot legally recommend cryptocurrencies to clients, creating an opportunity for fund managers but a problem for some prudent investors.
- 5 mins ago
- Aleks Vickovich
Australia sits out Biden push to cut methane emissions
Almost 100 countries, including the world’s biggest emitter Brazil, back Washington’s pledge in Glasgow for a 30pc cut by 2030.
- 8 mins ago
- Hans van Leeuwen
ASX to rise, S&P 500 extends record run
Australian shares are set to lift more than 1 per cent at the open buoyed by Wall Street. In contrast, the $A has tumbled more than 1 per cent.
- 26 mins ago
- Timothy Moore
- Live
- Need to Know
Immunity from vaccines more consistent than infection
Both infection-induced and vaccine-induced immunity are durable for at least six months, the CDC determined; Pfizer’s vax revenue surge. Follow updates here.
- Updated
- Timothy Moore and Natasha Rudra
Yesterday
Defence and social spending to blow out budget: Deloitte
Long-term spending on defence and social services means the deficit will settle at $60 billion a year, says Deloitte Access Economics.
- Ronald Mizen
Mr Yum nears close on mega Series A raise led by Tiger Global
Fresh off achieving one of the largest local pre-Series A funding rounds of 2021, Mr Yum is now targeting $US60 million for its Series A raise.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
MacCap makes seven point pitch for MIRA’s Axicom
There’s plenty of love flowing between Macquarie Capital and its sister Macquarie Infrastructure and Real Assets.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
Goldman Sachs, QIC home in on Icon Group buyer
It’s down to the short strokes in the auction for cancer care business Icon Group.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
IPD Group eyes $40m raise for IPO, $101m enterprise value
Electrical products distributor IPD Group is ready to officially hit the IPO circuit.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
Rampersand taps investors for fresh $40 million fund
Early stage VC fund Rampersand is raising a new fund, but it has no interest in taking on hundreds of millions of dollars like its well-known peers.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
After mocking electric cars, PM now embraces them
Scott Morrison once famously claimed electric cars would be the death of the weekend. Now he wants to build more electric charging infrastructure.
- Jacob Greber
- Opinion
- Chanticleer
RBA signals end of easy money
Interest rates will rise sooner than expected, but that isn’t reflected in equity markets that are yet to include the less bullish scenarios in the bond market.
- Tony Boyd