- Investigation
- Australian cricket
The mystery of four Test captains in one suburban cricket team
The strange tale of a minor suburban cricket club, the international players who joined it and the Melbourne talent agent facing charges of stealing $250,000.
Trump’s tax returns released after long fight with Congress
Documents reveal Donald Trump used the tax code to lower his tax obligation and provides details about foreign accounts, charitable contributions and the performance of some of his highest-profile business ventures.
US scrambles to stop Iran from providing drones for Russia
The Biden administration has launched a broad effort to halt Iran’s ability to produce and deliver drones to Russia for use in the war in Ukraine.
How Vladimir Putin and Xi Jinping could ruin 2023
The West was energised and united by Russia’s invasion of Ukraine as autocrats were forced to confront their limits. Will it continue next year?
Lawyers exit Hong Kong as they face a campaign of intimidation
Many lawyers and legal academics have quietly departed, mostly to Britain, Australia and North America.
Time for a fresh look at climate change ETFs
After heavy losses, company valuations in climate exchange-traded funds are more attractive to new investors. This is how to use them in a portfolio.
Wall Street extends drop, ending hopes of a rally to close out 2022
Big tech led stocks lower again on the last trading day of 2022, closing out the worst year in more than a decade for global equities and bonds.
How the shipping industry rediscovered the power of wind. Catch up on Tech Zero.
Chanticleer
EDITOR’S PICKS
LONG READS
Why the biggest shareholder in Blackmores is headed to Dubbo
A “bloody rocket” from 97-year-old shareholder Jack Poyner helped re-engage Marcus Blackmore with his eponymous company after the previous board froze him out.
Pottinger’s Cassandra Kelly says we mustn’t be scared of rising rates
The corporate adviser discusses the modern dilemmas of autonomous weapons, investing for the public good and getting women in the workforce.
- Analysis
- Australian economy
Seven forces that will shape Australia’s economy in 2023
The fallout from these colliding influences will have a large bearing on interest rates and ultimately determine if there will be recession or growth next year.
This banker (and his neighbours) could slow the energy transition
Agreeing the 2030 climate targets was the easy bit: Australia is finding out now just how hard it will be to transform the power system to meet them.
Airlines can’t keep charging double what they used to: airport CEO
More planes, more destinations and less queuing at airports. Flying will be smoother and possibly cheaper in 2023, aviation bosses say.
Companies
Sales at start-up Koala slow, losses jump, accounts reveal
The latest set of financials show while the company is growing, it is at much slower rate and with much bigger losses.
Warrego chairman splits with board over Rinehart bid
The competing takeover bids for WA gas developer Warrego Energy have split its board with the chairman backing gas player Strike Energy and the rest of the board backing billionaire Gina Rinehart’s Hancock Prospecting.
- Analysis
- Big four
Why the big banks are sticking with oil and gas
Activists forced the big four to ditch thermal coal. Don’t expect a repeat of that, as they are committed to keeping the lights – and their profits – running.
World Cup, Tour de France must be free insists SBS
After Aussies watched 44 million hours of the World Cup in Qatar, SBS says it should be put back on the government’s free-to-air priority sport list.
Hundreds of millions in compensation on offer for coal-fired plants
Queensland’s largest such operator and Origin’s Eraring are among several generators set to receive support under Labor’s deal with the states.
Scott Farquhar’s Skip and Stonepeak abandon joint bid for Genex Power
Genex Power shares dropped 19 per cent after Farquhar’s Skip and Stonepeak yanked their joint bid following a water leak at the Kidston power project.
Meet the unlikely giant-slayer who bested Nelson Peltz
At the tiny ASX-listed fund manager GVF, Miles Staude and his wife Emma Davidson don’t shy away from bruising battles with the big beasts of Wall Street.
Companies in the News
Search companies
View stories and data from an ASX listed company
Markets
Wall Street extends drop, ending hopes of a rally to close out 2022
Big tech led stocks lower again on the last trading day of 2022, closing out the worst year in more than a decade for global equities and bonds.
Shares rally in last session of 2022
A piece of US labour market data was enough for Wall Street to put on big gains in thin trading, pushing the S&P/ASX 200 firmly higher on Friday.
In a slow year for deals, bankers still rake in $4.5b, with UBS on top
Fee flow to Australian investment banks fell 10 per cent as established and upstart outfits jostled for top spots on the league tables.
Here’s what happened in markets overnight
Australian shares are expected to rebound after US investors piled back in, in offering a ray of light as a dismal year for stocks and bonds draws to a close.
- Opinion
- Chanticleer CEO poll
10 stocks to buy (and a surprising one to short)
We asked 11 fund managers from the Future Generation roster for their best long-term share investment ideas. Here’s what they said.
Opinion
Australia must back gas-fired power politics
Getting more gas out of the ground should be part of a genuinely integrated national security strategy to help provide the staying power the West needs to keep on standing up to authoritarianism.
Editorial
Staying dry is the key to winning a winter war
Cold is a killer in the European winter but so, too, is getting wet. The Ukrainians have advanced techniques for staying dry, but the Russians aren’t as skilled.
Contributor
Why Putin must lose quickly
Vladimir Putin is banking on the weaponisation of Russian gas during the northern winter to trigger a democratic capitulation. That’s why we need to put our foot on the accelerator of military aid to Ukraine.
International analyst and columnist
The stars have aligned for Albanese. But 2023 is another matter
The bookies have Labor being safely returned. But there are problems ahead next year in population, the economy, housing, energy, health and education.
Election analyst
By getting out in front on China, Australia led the world
If by defending a rules-based international order in the Indo-Pacific Canberra made itself an outlier to the whims of authoritarians, then we are all outliers says Tokyo’s representative in Australia.
Japanese Ambassador
Why 2022 was the year the strongmen stumbled
Vladimir Putin’s decision to invade Ukraine demonstrated why authoritarian rule so often ends in disaster. The authoritarian regimes that support Putin have also had a bad year.
Columnist
Politics
Concern for potential China COVID-19 variants
Professor Angela Webster says Australia needs to better understand the epidemiology of what could be spreading in China, with uncontrolled infections resulting in new variants.
Outdoor dining on car-free streets to drive Sydney’s CBD revival
The next step of the recovery plan for the Sydney CBD has been unveiled, but workers continuing to snub their city offices may derail it.
No ‘easy, quiet way’ to resolve China disputes: trade minister
Trade Minister Don Farrell would rather resolve disputes over Chinese tariffs on wine and barley outside the WTO, but will not dump Australia’s official complaints.
Coal compensation will be ‘nothing like’ $450m: PM
Prime Minister Anthony Albanese says compensation to Rio Tinto-owned Gladstone Power Station will be “nothing like” the $450 million provided in the government’s own estimate.
Perrottet secures first win in fight to reshape parliamentary team
The premier secured a major win after party officials voted in favour of a preselection ticket assembled to include equal numbers of men and women.
SPONSORED
World
China’s media brands COVID travel curbs ‘discriminatory’
The United States, South Korea, India, Italy, Japan and Taiwan are imposing COVID-19 tests for travellers from China as cases surge.
US accuses China fighter jet of ‘unsafe’ encounter risking collision
The close incident in the South China Sea followed what Washington has called a trend of increasingly dangerous behaviour by Chinese military aircraft.
- Opinion
- Putin's Russia
Why do Russian tycoons keep falling to their deaths?
The frequency of unusual deaths of so many prominent businessmen who have criticised Vladimir Putin raises questions about foreign firms returning to Russia.
The fashion pioneer who dressed the Sex Pistols has died
Westwood’s fashion career began with the 1970s punk explosion. She went on to enjoy a long career, with triumphant runway shows in London, Paris and New York.
Rags-to-riches Brazilian soccer legend Pele dies
The footballer, who rose from barefoot poverty to become the only man to win the World Cup three times as a player, died on Thursday at the age of 82.
Property
Rising rates cut new home loan appetite
Economists warn the housing market is headed for its steepest downturn since the early 1980s.
Teeing off: The golf battle in Victoria’s playground for the wealthy
In a postage stamp-sized corner of the country, where just a couple of kilometres separates two golf courses, a fight for supremacy is on.
Buyers vs sellers: who will win 2023’s real estate battle?
Buyers grappling with higher interest rates, but cheaper house prices after facing off vendors weighing falling prices but less competition from sellers.
Melbourne’s Cherry Tree Hotel tops strong year of pub deals
The sale of the 162-year-old pub in Cremorne caps this year’s record $2.2 billion splurge into the inflation-busting asset class.
These apartments will be the first to gain from China’s reopening
A large-scale return of non-resident buyers from the Asian nation could shift the dial for a new-build sector struggling to pick up from its recent lows.
Wealth
We run the numbers on whether it’s worth getting an electric vehicle
The bigger the mileage, the more things lean towards the EV. The novated lease option, however, tilts things dramatically and unambiguously in favour of the EV.
- Opinion
- SMSFs
The tricky question of who funds renovations for your rental property
If it’s owned by your self-managed super fund, borrowings can’t finance this. But there are other options.
Time for a fresh look at climate change ETFs
After heavy losses, company valuations in climate exchange-traded funds are more attractive to new investors. This is how to use them in a portfolio.
Technology
What’s gone at Twitter? A data centre, workers and toilet paper
Elon Musk has undertaken many drastic steps to stabilise the social media platform’s finances since buying it in October.
Twitter users hit by global outage
Analysts have feared a massive global outage would take place after billionaire Elon Musk took over the company and gutted its workforce.
- Opinion
- Social media
Social media may be terminal. I hope they’re right
There is a reason that so little has gotten better and so much has gotten worse. The cost of so much connection and information has been the deterioration of our capacity for attention and reflection, writes Ezra Klein.
Work & Careers
Maggie Beer taps Goodman Fielder exec as CEO
Maggie Beer Holdings’ new chief executive, Kinda Grange, comes with almost two decades at one of Australia’s largest consumer goods companies.
The 10 most in-demand office roles for 2023
DevOps engineers, cybersecurity specialists and software developers will be the three most in-demand professionals next year, according to a major recruiter.
Life & Luxury
Meet the Deloitte auditor turned Opera Australia star
A couple of “sliding doors” moments led Cathy-Di Zhang from accountancy to the top of the performing arts.
Why do women still change their names when they marry?
Most Millennial women take their husband’s surname, but for some couples there are more creative options.
The team-building secrets of a Sydney to Hobart winning CEO
Sydney to Hobart champion John Winning, also the chief executive of his fourth-generation family company, says data is equally important in sport and business.
Wait, is my dog stoned?
We thought our pet was having a stroke. She was high. Vets say that’s getting increasingly common these days.
Got $20k? These are the most exclusive NYE tickets still left
Making last-minute plans for New Year’s Eve? The top picks left in Sydney, Melbourne and Brisbane include a luxury hotel with unbeatable fireworks views.
