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Opinion

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Andy Penn - leaving Telstra on a high note

Telstra has finally cut the NBN earnings anchor and can chart it own earnings course

Andy Penn’s parting gift to Telstra - the first dividend boost in seven years - says everything about Telstra’s certainty around increasing its earnings.

  • by Elizabeth Knight

Latest

The sharp drop in inflation is encouraging news for the US and the rest of the world.

Inflation surprise could change the game for interest rates

The US appears to have finally passed peak inflation, raising the prospect that the path of future interest rate rises there and around the world - including in Australia - might be shorter and less steep than previously expected.

  • by Stephen Bartholomeusz
Cameron Smith is playing some of the best golf on the tour.

After LIV Golf’s Cameron Smith coup, who next?

Signing up world No.2 and Open champion Cameron Smith could be the tipping point for credibility of the Saudi-backed rebel tour.

  • by Oliver Brown
Union protests

Unions in time warp with a jobs plan that ignores hard economic lessons

Far from helping, the proposed measures in fact hurt the interests of working people.

  • by Steven Hamilton
Police ask people to leave St Kilda beach during one of Melbourne’s lockdowns.

Let’s not repeat the same mistakes with COVID response

Australia’s early COVID-19 response was panicked and confused. We know what works: let’s not make the same mistakes again.

  • by Osman Faruqi
A member of China’s PLA takes part in military exercises around Taiwan.

Defending democracy: Parameters of Western resolve may soon be tested

Australia will need to do much more to both deter the chance of the “two war” scenario, but also be ready to fight, and win, if it does eventuate.

  • by Mick Ryan
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The case went before the Hobart Magistrates Court on Thursday.

Drunken sex, misread signals could end up in court, defence lawyers warn

Sexual contact may not be considered criminal at the time, but under proposed reforms this could change if the relationship breaks down.

  • by David Hallowes
Illustration: Matt Golding
LETTERS
Letters

Trump finally learns that nobody is above the law

Readers discuss the FBI raids on Donald Trump’s home; councils outsourcing home care for the elderly; Labor’s jobs summit; and Peter Dutton’s leadership.

ACTU secretary Sally McManus says it’s no use “fiddling around the edges” of economic policy.
Editorial
Jobs

All sides must be on board to achieve boost in jobs and wages

A commitment to compromise will be needed if Australia is to lift its economy and wages growth out of a torpor.

  • The Age's View
Life after Michael Hooper: a concept no one wants to contemplate but must.

Life after Hoops: Wallabies must confront the inevitable

Michael Hooper may not play another Test this year and his time as captain could be over. What do the Wallabies do next?

  • by Georgina Robinson
Corey Horsburgh, Dale Finucane, David Klemmer and Latrell Mitchell.
Analysis
NRL 2022

NRL round 22 previews: Experts analyse the head-to-head match-ups

Buckle up for a big weekend as no fewer than seven clashes will have finals implications.

  • by Christian Nicolussi, Caden Helmers, Dan Walsh and Adam Pengilly
Dictionaries are obsolete in some senses, or at least imperfect when aiming to isolate some nuanced senses.
Opinion
WordPlay

That aching feeling after finishing a good book? There’s a word for that

John Koenig’s bestselling Dictionary of Obscure Sorrows offers a glossary of new terms for living in the modern world.

  • by David Astle
CBA’s CEO, Matt Comyn, is alert but not alarmed.
Opinion
Big four

Why CBA boss is alert but not alarmed about financially stressed borrowers

Borrowers are now just digesting the interest rate entree. The rest of the degustation rate meal will be served over the next five months.

  • by Elizabeth Knight
Bluebet Stadium/Dominic Perrottet

Revealed: The Panthers Stadium budget blowout that will blow your mind

Premier Perrottet, you received a lot of deserved kudos for standing up to the NRL. But the job’s not done. Stop the Penrith outrage, too.

  • by Peter FitzSimons
Serena Williams

For Serena Williams, retirement could be just the latest reinvention

There is no victory over retirement, other than to accept it gracefully - and it’s hard to do it more gracefully than to bow out on the cover of Vogue.

  • by Sally Jenkins
Former prime minister Kevin Rudd holds up the Daily Telegraph during his address to the National Press Club of Australia in March 2021.

What next for Kevin Rudd’s Murdoch royal commission push?

The lobby group chaired by the former PM – Australians for a Murdoch Royal Commission – says its campaign is still alive, despite the Albanese government’s rejection of its cause.

  • by Lisa Visentin
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The rules have changed on donating blood.
Opinion
Healthcare

After decades of fear, I’ve run out of excuses to not donate blood

For almost 50 years I’ve guiltily avoided those heart-rending annual pleas to save lives. But it’s time to roll up the sleeve.

  • by Sheila Quairney
Virginia Wallace (seated) with her grandparents Marusia and Ivan Kamenev, and aunt Alla Ivanovna Litvinenko (centre), when she visited Australia in the 1990s.

My aunt lives in Ukraine. We haven’t heard from her in five months

Since March we have not heard from my aunt Alla, who lives in eastern Ukraine, and we know nothing of her whereabouts.

  • by Virginia Wallace
The inability of Beijing to stabilise the property sector comes at inopportune time with Xi Jinping looking to seal an unprecedented third term later this year.

China’s new financial threat lurks in the shadows

Beijing has just sent another signal that shows just how concerned authorities are that the implosion of China’s property development sector could ignite a wider financial crisis.

  • by Stephen Bartholomeusz
Cameron Smith is a target for Greg Norman’s LIV Golf series.

‘I’m a man of my word’: Smith coy on LIV defection in return after Open win

The Australian has said any decision about his future will “come from Cameron Smith and not Cameron Percy” as Greg Norman closes in on his biggest scalp.

  • by Adam Pengilly
The new chief executive of ASX Limited, Helen Lofthouse.

ASX delays, outages hit headlines, but is the market operator a good investment?

A number of outages and repeated delays in its tech overhaul have put ASX Ltd. in the spotlight. But there are reasons some still see it as a stable investment.

  • by Simone Fox Koob
Quade Cooper during Australia’s warm-up in Perth on Saturday.

Fixing five-eighth depth Wallabies’ top priority ahead of World Cup

Australia earned a brave win in Argentina, but there are still problems that need addressing if the Wallabies are to make an impact on next year’s World Cup.

  • by Wayne Smith
Illustration by Simon Letch.

We’ve got more than we’ve ever had, but are we better off?

In Australia output of goods and services per person is about seven times higher than it was 120 years ago at Federation.

  • by Ross Gittins
A bill to pass affirmative consent laws was introduced to Victoria’s parliament last week. The proposed changes are in part driven by the #Metoo movement.

Has ‘no means no’ become ‘only “yes” means yes’?

Victoria’s Attorney-General Jaclyn Symes, shifts the scrutiny from the victim – what she did, what she wore – to the accused; what did he do to ascertain her state of mind?

  • by Julie Szego
Opposition Leader Peter Dutton. The Coalition has to start the hard work of thinking about the long term.

Time for the Coalition to start thinking about the long term

There are some eerie similarities between the last Labor government and this one.

  • by Chris Uhlmann
Keeping cash in your bank account can now earn you a decent return.
Analysis
Investing

Silver lining for some as banks raise savings rates

Savers looking for the best deal should set their sights on banks providing ongoing savings rates of at least 2 per cent, as they will be most likely to keep raising rates in tandem with the RBA.

  • by Dominic Powell
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Banks’ net interest margins have collapsed in recent months, but some believe they will bottom later this year.
Analysis
Home loans

Rising interest rates a boon for non-bank lenders as home owners shop around

Swathes of home owners looking to refinance their mortgages are a boon for non-bank lenders, with borrowers looking beyond the big-four banks seeking the cheapest interest rates.

  • by Dominic Powell
Prime Minister Athony Albanese in Suva, Fiji, at the Pacific island forum, July, 14.

Key to Pacific relationship is education: ours, not theirs

Despite this country’s longstanding involvement in the Pacific Islands most Australians have little knowledge about the region.

  • by Joanne Wallis and Ian Kemish
A BP refinery burns off gas in Gelsenkirchen, Germany, Tuesday evening, April 5, 2022.
Analysis
Science

Is a 43 per cent emissions cut enough?

Last week a bill enshrining a 43 per cent emissions cut was passed by the House of Representatives. But is it enough to tackle climate change?

  • by Liam Mannix
The many versions of Olivia Newton-John.
Editorial
Vale

A global star who leaves a legacy of generosity

Olivia Newton-John wore her celebrity status lightly, and used her success to champion many good causes.

  • The Age's View
Analysis
SMSFs

Millennials, Gen Z plough into SMSFs to take control of retirement savings

A growing number of younger Australians are taking matters into their own hands and opening self-managed super funds.

  • by Nina Hendy
The increase in interest rates will have an adverse impact on highly levered private companies.

What next for private equities in an uncertain market?

The key to success will be to partner with quality private equity managers who are disciplined, cycle-tested and possess strong operational capabilities.

  • by Matthew Moon
NAB chief executive Ross McEwan says healthy household balance sheets and low unemployment is mitigates borrower stress

Banks stick to the same tune - little evidence of stressed borrowers

The big four banks are harmonising perfectly in the chorus of their song titled “nothing to see here”.

  • by Elizabeth Knight
A Choice survey found one-quarter of all pandemic-related travel vouchers expired before they could be used.

It’s time to fix consumer protection for travellers

It is not that consumer protections don’t exist, but multiple laws are operating in tandem, creating a seemingly impenetrable legal minefield for many travellers.

  • by Joel Gibson
Journalist Jordan Baker with Olivia Newton-John.
Opinion
Vale

Hopelessly devoted: Olivia was the queen of my childhood

Like every Australian daughter of the ’80s, I worshipped Olivia Newton-John. Then, as an adult, I got to meet her.

  • by Jordan Baker
Russian President Vladimir Putin as he addressed the St Petersburg International Economic Forum last month.
Opinion
Oil

The US needs Putin to act rationally for its plan to succeed

The US plan to cap the price of Russian oil is the only option on the table that might avert another huge spike in prices and another surge in inflation. But the clock is ticking.

  • by Stephen Bartholomeusz
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Georgia Godwin is now tied with Allana Slater as Australia’s most successful Commonwealth Games gymnast.

Godwin’s awe: Australian’s rise emblematic of gymnastics changing flawed routine

After gymnastics was rocked by abuse revelations, Georgia Godwin’s remarkable performances have highlighted a new, more athlete-centric approach in the sport.

  • by Blythe Lawrence

The pros and cons of purchasing an annuity

Annuities are mainly used by older people who want certainty of income, or retirees who wish to maximise their age pension by taking out particular annuities that receive special treatment by Centrelink.

  • by Noel Whittaker
Alibaba founder Jack Ma has paid a heavy price for speaking out against Beijing.

Fatal mistake: Chinese tycoon Jack Ma is losing the grip on his empire

As a Chinese success story, Alibaba is unrivalled. Its founder soared in power and prestige but an error in judgment has sparked his downfall.

  • by Gareth Corfield
Wayne Carey and Anthony Stevens during their playing days at North Melbourne.

Is the Wayne Carey-Anthony Stevens peace deal broken?

Former North Melbourne teammates Wayne Carey and Anthony Stevens were seen having an altercation as a Kangaroos players’ reunion ended on a sour note.

  • by Charlotte Grieve and Kishor Napier-Raman
Some will face see their housing finances on a cliff edge.

Budgets pushed to the brink as fixed interest loans roll off

For many households juggling rising interest rates, it’s likely to be a bumpy transition.

  • by Jessica Irvine
Greens Senator Lidia Thorpe approaches the table to be sworn-in, in the Senate at Parliament House last week.

Voice to Parliament: the ‘trust us’ approach is never going to work

I am sceptical of gestures that sound good but lack concrete funding, planning and a genuine handing-over of the process to First Nations people.

  • by Lidia Thorpe
Illustration by Dionne Gain
Opinion
Taiwan

Mutual agitation: Can US and China avoid conflict over Taiwan?

In their own countries, the leaders of China and the US have much to gain politically by talking and acting tough on Taiwan. But all-out conflict will be a heavy price for irresponsible grandstanding.

  • by Peter Hartcher
Lauren Crystal (right) with colleagues at her business.
Opinion
Workplace

Stress less: Why we shouldn’t fear the four-day working week

It takes a certain leap of faith – and plenty of planning – to make the change to a shorter week, but the benefits for my business and staff are tangible.

  • by Lauren Crystal
Russian soldiers guard an area of the Zaporizhzhia nuclear power station in south-eastern Ukraine.

Regional security threat haunts nuclear power debate

Recent events in Ukraine act as a warning to Australia that nuclear facilities can become hostage to the vagaries of conflict.

  • The Age's View
Jamie Elliott and Christian Salem.
Analysis
AFL 2022

‘As brutal as I have seen’: Why the Magpies can win this year’s flag

The Magpies are undoubtedly the on-field story of the year but can their magical run - now at 11 straight wins - extend all the way to the final Saturday in September?

  • by Jon Pierik
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Senate Majority Leader Chuck Schumer: “It’s been a long, tough and winding road, but at last, at last we have arrived.”

‘I can look my kids in the eye’: US Senate finally flexes muscle on climate change

Governments bruised by political warfare over climate have learned from past battles and are pushing policies designed to do more than simply cut emissions.

  • by Nick O'Malley
There is art to takeovers and opportunism gets a bad rap. Mike Henry’s BHP makes an offer for Oz Minerals.
Opinion
Copper

How Mike Henry’s quest for more green metals lead BHP to the land of Oz

BHP’s $8bn offer for ASX-listed copper and nickel producer Oz Minerals feels like an opening gambit, but a deal is far from guaranteed.

  • by Elizabeth Knight
Darcy Moore acknowledges the crowd.

Momentum, belief and ‘the only stat that matters’

Sam McClure, Jake Niall and Greg Baum discuss the Pies, who are confounding statistics and expectations. Plus, why trading Dustin Martin could be the right move for Richmond, what the future might hold for Lance Franklin, a watching brief on Ken Hinkley and much more.

Patrick Cripps bumps Callum Ah Chee.
Analysis
Match review

What the match review officer must weigh up in the Patrick Cripps case

Match review officer Michael Christian’s adjudication of Patrick Cripps’ bump on Callum Ah Chee at the Gabba on Sunday looms as one of the most consequential of the season and could have an impact on the finals race and the Brownlow.

  • by Jon Pierik