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Featured Opinion

Quantum a better bet than burning a billion on solar panels

But even if this is the right place to deploy such a huge sum, we know too little about whether this was the best way to spend it.

The AFR View

Editorial

The AFR View

Labor’s reforms will de-risk foreign investment

The overhaul in the budget will strengthen the review framework where we need to, streamline it where we can, and make it more transparent, writes Jim Chalmers.

Jim Chalmers

Federal treasurer

Jim Chalmers

Labor green lights toxic bully-boys of the CFMEU

The political protection racket the modern ALP is running for the toxic behaviour of the CFMEU, which would be condemned in any other setting, is disgraceful.

The AFR View

Editorial

The AFR View

Why Australia can’t build enough new homes

The nation’s housing ambitions are way off target. That means the price of new homes and rentals will continue to climb, compounded by still high immigration numbers.

Are we about to witness a rerun of the Asian financial crisis?

Investors are becoming increasingly alarmed as the buoyant US economy and high US interest rates risk triggering renewed instability throughout the Asian region, writes Karen Maley.

Karen Maley

Columnist

Karen Maley

Magic debt thinking collides with inflation and higher rates

Since the GFC, economists have suggested that using debt to finance government spending is a free lunch. But the tide has turned in the past two years.

Battered from all sides, China needs new solutions

Mindful of the inspiration deficit that ultimately brought the East Asian growth miracle crashing down, Chinese policymakers must seize the moment.

Stephen Roach

Asia watcher

Stephen Roach

Israel has a fateful choice to make: Rafah or Riyadh?

If Israel ends up with an indefinite occupation of both Gaza and the West Bank, it would be a toxic military, economic and moral overstretch that would delight Iran.

Thomas L. Friedman

Contributor

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More From Today

Chalmers will argue that the Act has exposed a new fault line, between what he calls “the nostalgists and the strategists”.

Chalmers takes aim at his ‘nostalgic’ critics

A risk of drip-feeding the policy is that everyone and their aunty piles on before it is detailed and contextualised.

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  • Phillip Coorey
Liberal senator Andrew Bragg says bank rules need to be examined.

The politician who’s answered ANZ’s rallying call on bank rules

Liberal Senator Andrew Bragg has backed Shayne Elliott’s view that bank rules are restricting economic growth and making it harder for first home buyers to get into the market. 

  • James Thomson
Chemist Warehouse’s deal to list via Sigma Healthcare is part way through an ACCC merger review.

How Chemist Warehouse can get its deal past the ACCC

Divestments may be needed to get the Chemist Warehouse/Sigma deal over the line, but they don’t look too strenuous.

  • Updated
  • Anthony Macdonald
ASX has become a monopoly without the capacity to apparently manage any of it.

ASX monopoly threatens stability of the Australian financial system

Readers’ letters on why Australia is losing the equity market battle; the true cost of gas; Star’s overdue clean-out; violence and the “Nordic paradox”; and how to sidestep scammers.

Leah Weckert has had a big month, but it’s not getting easier.

Coles has a bit of a booze problem

While Coles’ supermarket sales are holding up well, a shock drop in its liquor division tells a story about the growing pain of interest rates.

  • James Thomson
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Singapore’s burnout rate shows the price of success

Singaporeans enjoy some of the highest living standards in Asia. But all of this has come at a price. It is also one of the most stressed-out societies.

  • Karishma Vaswani
The mess surrounding Bonza and its owners stretches across the globe.

Bonza mess stretches from English soccer club to the US pension system

The tiny regional airline is stuck in the middle of a fight that stretches from Liverpool to Miami to Bermuda and New York. There will be no easy way out.

  • Updated
  • James Thomson
A prototype of PsiQuantum’s cabinet, many of which will eventually be linked together to create a commercially useful quantum computer.

A bold quantum leap to cross the ‘valley of death’

Historically, Australia sprints out ahead of the global pack during the research phase, but fail to commercialise innovations. That’s why the utility-scale quantum computer announced by the prime minister represents such refreshing bet.

  • Amit Singh
Threats against members of Congress are pervasive, and there has been a shocking surge since Trump took office.

Why Donald Trump is a style icon

With his dowdy, oversized navy suits and MAGA red caps, the former president’s personal brand is a crucial part of his accessible appeal.

  • Jemima Kelly

The best Mother’s Day gadget gifts – ranked by price

How much do I love you? Let me count the dollars. This year’s guide doubles as a handy reckoner, revealing how you feel about the matriarch in your life.

  • John Davidson

Yesterday

PsiQuantum Silicon Photonic Wafer.

Picking a winner in quantum is bold to say the least

If the short history of quantum computing tells us anything, it’s that nobody knows where the finishing line is, or if it’s even worth getting to.

  • John Davidson
The expected delay to central bank rate cuts has big ramifications for some sectors that have been bid up.

Investors need to turn detective in the hunt for interest rate pain

Several sectors on the ASX have surged on the prospect of rate cuts that aren’t coming any time soon. It’s time for investors to reassess. 

  • James Thomson
Prime Minister Anthony Albanese at the rally in Canberra on Sunday to call for action to end violence against women.

Albanese confronts domestic violence crisis

Women are angry, and the prime minister is dodging criticism even as he calls an emergency meeting of national cabinet on domestic violence.

  • Updated
  • Jennifer Hewett
Prime Minister Anthony Albanese leaves after addressing a rally in Canberra on Sunday that called for action to end violence against women.

Politicians alone cannot stop violence against women

Malcolm Turnbull best summed up the challenge a decade ago when he sought to address domestic violence. The challenge for Anthony Albanese is little different.

  • Phillip Coorey
Prime Minister Anthony Albanese said domestic violence was “not just government’s problem, it’s a problem of our entire society”.

With these two steps, government could change culture of violence

Readers’ letters on ending platitudes about violence against women; why we need negative gearing; Peter Dutton’s nuclear dilemma; Elon Musk’s defence of free speech; and the value of taxing big super balances.

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You’ll forget you’re even wearing these earbuds

The OpenFit earbuds by Shokz might not look the best, but they certainly feel the best of any earbuds we’ve ever reviewed.

  • John Davidson
Telstra and TPG have weighed in on the Optus outage with submissions to the Senate Inquiry.

How TPG and Optus went from enemies to frenemies

Just 14 months ago, TPG and Optus apparently hated each other’s guts. But their new regional mobile networking sharing deal shows commercial logic has prevailed. 

  • James Thomson
Anthony Albanese was the workers’ friend before the election, promising that wages would rise.

Australia’s last-mile inflation looks like the last 10 miles

The Albanese government took power promising to increase wages. It was a risky gamble that is not paying off.

  • Richard Holden
Treasurer Jim Chalmers’ budget will not be inflationary.

RBA must ignore the band of economists pushing a rate rise

The Reserve Bank should not be firing up its interest rate models on the strength of inflation that is now steadily dropping into target range.

  • Craig Emerson
Woodside chairman Richard Goyder.

Woodside and the new climate activists

Energy companies work in a twilight industry where demand still endures. They don’t know the answers to the questions investor activists are asking.

  • Matthew Warren