Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
  • Advertisement
    AUDUSD0.6653
    0.0018 (0.27%)0.27%
    SPI 2007,752.00
    27.00 (0.35%)0.35%
    S&P/ASX 2007,733.70
    -62.30 (-0.80%)-0.80%
    All Ords7,975.10
    -64.80 (-0.81%)-0.81%
    NZX 504,412.57
    -20.70 (-0.47%)-0.47%
    Hang Seng18,027.71
    -0.81 (-0.00%)-0.00%
    Nikkei38,804.65
    208.18 (0.54%)0.54%
    View all
    The grocery sector code of conduct will become mandatory.

    Fruit and vegetable price transparency needed: Woolies

    The supermarket giant says progress on an industry or government-led review into the prices paid to suppliers is overdue.

    The now-complete 198-unit build-to-rent-to-own development at 15 Thompson Street in inner-suburban Melbourne’s Kensington is the first of five planned projects that AustralianSuper is funding with developer Assemble.

    Why AustralianSuper isn’t investing in build to rent

    The head of the country’s largest industry super fund says risk and scale are crucial factors for any investment it considers – and that’s an issue with BTR.

    Director and Chairperson of the Board of Tokyo Gas Co.,Ltd. Michiaki Hirose poses for photographs at the company headquarters in Tokyo, Japan.

    Japan-Australia ties ‘as much about security as business’

    “The Japan-Australia relationship has become broader and more sophisticated than before,” Tokyo Gas chairman Michiaki Hirose says.

    Project Eagle: Lion Advisory tees off Drummond Golf sale

    Golf club membership has risen 10.2 per cent over the past three years and female membership surged 12.6 per cent last year.

    Tough jobs market for consultants wanting to jump ship to industry

    Advisers seeking exit opportunities or new roles after job cuts are facing fierce competition for ‘transformation’ and ‘strategy’ roles in companies.

    Sam Mostyn gets $200k pay rise

    The pay rise brings the governor-general’s salary to more than $709,000 from July 1.

    Saving less and spending less: why Australian households are unique

    Australians are saving much less than their global peers as mortgage repayments and tax bracket creep eat into disposable incomes.

    Advertisement

    MONDAY MEDIA

    AMP’s former head of advice Anthony ‘Jack’ Regan.

    AMP’s royal commission executive sues The Australian newspaper

    AMP’s former head of advice, “Jack” Regan, claimed an article imputed he misled ASIC and admitted to misleading ASIC during the Hayne banking royal commission.

    Scott Purcell, co-founder of men’s lifestyle site Man of Many, says traffic to his website could drop by 50 per cent if Google’s AI Overview was introduced.

    Publishers fear this new Google AI feature will kill their traffic

    Google’s ‘AI Overviews’ has rolled out in the US. Its AI-generated results push links down by a full page, a new study has found.

    The Telegraph is on sale for the second time in one year.

    A very British paper is forced to cover a scandal: its own

    The discovery of $500 million missing from The Telegraph newspaper marks the end of the owners’ two decades of influence over British politics.

    Calls to ban Facebook and Instagram in Australia

    The heads of major media organisations say Meta’s refusal to renew about $70 million in commercial deals with news outlets will likely lead to job losses and newspaper closures.

    Financial Review Australia’s most trusted newspaper brand

    The Australian Financial Review has again been ranked the nation’s most trusted newspaper brand, as overall trust in the media declines across the board.

    Get the front page and latest edition of the Financial Review as it was printed, delivered to your inbox every morning.

    Sign up for the Today’s Paper newsletter

    Companies

    Niobium fever spreads as Encounter hits paydirt

    The West Arunta region is rapidly becoming Australia’s next critical minerals province after Encounter found high-grade niobium close to WA1’s Luni discovery

    Telstra has hired Deloitte to replace longstanding auditor EY.

    Telstra hires Deloitte to audit books, replacing EY after 25 years

    The telecoms giant said changing auditors was “good governance” and wants to use Deloitte’s digital technology to reduce costs.

    Metcash group CEO Doug Jones.

    Metcash’s better than expected food results soothes hardware pain

    Households are cutting back on restaurant visits and hunting for food on special at the group’s IGA stores, but Total Tools is being hit by the housing construction slide.

    Olivia Wirth was appointed executive chair of Myer earlier this year.

    Myer outlines massive expansion plan with Just Jeans, Jay Jays buy

    The department store has proposed acquiring several brands owned by Solomon Lew’s Premier Investments, its largest shareholder, in a bid to trigger growth.

    High-roller exodus rolls on at struggling Star casinos

    Star says its main gaming floors are attracting customers, but not enough to offset dramatic declines from its premium gaming rooms.

    $11b swoop on ASX building giants leaves James Hardie the lone prize

    The CSR, Boral and Adbri buyouts come at a low point in the construction cycle, with better times expected from mid-2025 once interest rate cuts arrive.

    Cettire plunges 50pc on profit downgrade as luxury pinch strikes

    Cettire blamed a challenging environment in online luxury fashion for a big earnings miss that sent its share price tumbling.

    Companies in the News

    Search companies

    View stories and data from an ASX listed company

    Markets

    Protesters hold flares and banners during a demonstration against the far-right and racism in central Paris.

    Why now’s a good time to visit Europe

    French political turmoil is good news for Australians heading to Europe with the dollar trading at its highest level against the euro in a year.

    New trial results from Eli Lilly’s weight-loss drug has sparked another ResMed sell-off.

    ResMed sinks as drug trial sparks Ozempic-style sell-off

    New results from Eli Lilly’s weight-loss treatment have traders reaching for the sell button, but analysts aren’t so sure.

    The ASX 200 is set to open lower.

    ASX slips; Cettire slumps 49pc; Paladin to buy Fission for $1.3b

    Shares close down 0.8 per cent; Star drops after profit warning; Myer explores merger with Premier’s Just Jeans, Jay Jays; Cettire issues profit warning; ResMed sinks as Ozempic fears resurge. Follow updates here.

    Wall Street’s record rally built on ‘shaky foundations’

    The AI-powered surge in the US sharemarket has lifted the S&P 500 by 32 per cent from its October lows, but equity strategists warn not everything is so rosy under the hood.

    Why hedge fund Geometrica only wants to make ‘easy money’

    Fund managers James Bradley and Gary Hui go to painstaking lengths before they buy a stock like Nvidia or bet against one like The a2 Milk Company.

    Opinion

    Why this is a practical, workable supermarket code of conduct

    The new code offers the best of both a mandatory and voluntary system of compliance for the supermarket giants.

    Craig Emerson

    Former Labor minister and economist

    Craig Emerson

    Japan’s LNG diplomacy is in Australia’s national interest

    Any move to curb LNG exports that undermine Australia’s reputation as a safe, stable, and reliable energy supplier would not just threaten new gas projects but damage Australia’s green superpower hopes.

    The AFR View

    Editorial

    The AFR View

    Why we need to get behind small business

    The true backbone of Australia’s entrepreneurial spirit and innovation lies within its small business sector, not just the tech giants.

    Luke Achterstraat

    Small business advocate

    Luke Achterstraat

    Mackenzie’s climate change

    It shouldn’t surprise to hear the head of a global oil company talking his own book. But it’s no use pretending that the decarbonisation transition is more difficult and more costly than many imagined.

    The AFR View

    Editorial

    The AFR View

    Supermarket crackdown avoids break-up overreach

    Yet what remains unexplained is how shoring up the bargaining power of incumbent suppliers will actually lower prices for families at the checkout or will have the unintended regulatory consequences of meaning higher prices.

    The AFR View

    Editorial

    The AFR View

    Putin to Xi: I have options in East Asia

    The Russian President’s visits last week to North Korea and Vietnam shows Russia’s residual capacity to stir trouble in East Asia.

    James Curran

    International editor

    James Curran

    Reports

    Executive education - Microcredentials

    A growing number of employers are developing short, sharp courses known as microcredentials in collaboration with tertiary institutions.

    Advertisement

    Politics

    Matt Kean, Energy Minister Chris Bowen and Prime Minister Anthony Albanese at a press conference on Monday.

    Labor’s new climate chief Matt Kean says nuclear not viable

    Anthony Albanese has announced Matt Kean as the next chairman of the Climate Change Authority, but again refused to commit to announcing its recommended 2035 target.

    Matt Kean to lead Climate Change Authority

    Nuclear power would have bankrupted NSW, says Kean; authorities struggle to close down avian flu outbreak; big retailers face multibillion-dollar fines. Follow live updates here.

    Very few companies are hitting their emission targets.

    Why top companies are starting to back away from green targets

    In the past year, many of the world’s biggest companies have dropped or missed goals to cut emissions or to loosen ties with polluting sectors.

    Coles, Woolies face multibillion-dollar fines under new mandatory code

    Treasurer Jim Chalmers has agreed to adopt all 11 recommendations of Craig Emerson’s review into the Food and Grocery Code of Conduct.

    Election countdown: Labor has plenty of laws to pass before voting day

    With the election due within 12 months, Labor ministers privately concede that some policies could be pushed back into a likely second term.

    SPONSORED

    World

    Chinese Coast Guard hold knives and machetes as they approach Philippine troops on a resupply mission in the Second Thomas Shoal.

    Why China is using axes, fists to fight border disputes

    Experts say that China’s use of simple weapons rather than firearms has been a tactical choice, but it may not always prevent escalation.

    Prime Minister Rishi Sunak speaks to journalists on the campaign bus.

    Growing ‘gamble-gate’ threatens to bury Rishi Sunak

    A fourth Tory staffer is being probed for betting on the timing of the election, in a scandal that has engulfed the PM’s party just two weeks from polling day.

    Tokyo Gas Company storage tanks in the Japanese capital.

    Japan using Australian gas to shore up regional influence

    Japanese energy companies are on-selling surplus Australian gas to allies in South-East Asia.

    Netanyahu says Gaza intense fighting close to ending

    The Israeli PM says the new stage would offer a chance to move forces to the north to where tensions with Lebanese militant group Hezbollah have been growing.

    Biden-Trump debate comes with great risks and rewards for both men

    In appealing to divided and often angry voters, the past and present presidents will need to navigate a minefield of perceptions and realities.

    Property

    Phil George with Jacqui Pires of King Street Studios

    WeWork’s exit opens opportunity for new co-working hub

    The owner of 66 King Street in Sydney’s CBD has taken over the space from WeWork and decided to run his own co-working office there under a belief that he can do it better.

    The 810-square-metre corner site in an area with residential zoning for a 15-metre building at 11-13 Stevens Street in Gold Coast’s Southport sold by private treaty for $1.5 million. It was bought by the buyer of the neighbouring 15 Stevens Street site. 

    The 10-minute, $1.5m sale that was an afterthought

    An interstate buyer paid $835,000 for in investment block of land, sight unseen. When they did come to see it, they bought the neighbouring block, too.

    Artwork of Chiodo Corporation’s proposed $300 million Port Douglas resort.

    Keystone lent money to director’s $300m Port Douglas resort dream

    Keystone Asset Management, under ASIC investigation, lent money to companies associated with a director’s controversial plan to develop an “uber five-star luxury” resort in Port Douglas.

    Tiny Sydney studio sells for $425,000 as clearance rate slides

    A buyer from Dubbo snapped up one of Sydney’s smallest homes for just $425,000, but the city’s clearance rate fell to just 63 per cent, according to Domain.

    Aviation exec to sell Provence-style vineyard in the Adelaide Hills

    A $7 million luxury vineyard escape has joined the Adelaide Hills market complete with ornamental lake and Provence-style homestead.

    Advertisement

    Wealth

    Can I do anything to maximise my tax return this close to June 30?

    Though the end of the financial year is just days away, there are still some last-minute ways small businesses can reduce their tax liabilities.

    Why avoiding Coles and Woolies will save you 25pc

    A basket of everyday groceries is $17 cheaper at Aldi, research by consumer group Choice shows, with little difference between the big two supermarket chains.

    Australia had more female fund managers seven years ago

    Industry efforts to hire more women in investment management have borne fruit. But the industry is struggling to get more women into portfolio manager roles.

    Technology

    • Exclusive
    • AI

    Aussie brothers’ AI firm worth $120m as big name backers invest

    Melbourne-based Affinda has built AI-based software used by numerous big companies around the world, it has doubled its valuation in 18 months with well-known investors.

    With the new Surface Laptop, Microsoft catches the MacBook

    Microsoft has finally done it. It has broken free from Intel and produced a laptop right up there with Apple’s hitherto incomparable MacBook Air.

    Robotic friend company raises $3 million to build Abi

    The Funded blog is the home for news on the tech deals that are done in Australia, as soon as we hear about them.

    Work & Careers

    There is a balance between being career advancing and sounding like “The Office” character David Brent.

    There’s nothing funny about LinkedIn’s ‘weird’ makeover

    If the professional social network is now a place for personal posts, why isn’t it funnier?

    Nurses identify ‘$1.2bn’ in savings for 15 per cent pay rise

    Deloitte’s report for the NSW nurses’ union found the state government may have missed out on more than $3 billion in Commonwealth funding due to inaccurate data.

    Advertisement

    Life & Luxury

    A floral bustier at the showroom of Cadolle, a company that has been making custom lingerie for almost 140 years, in Paris

    Custom-made lingerie is an investment, that’s why the rich buy it

    Six generations of a Parisian family have been crafting undergarments that make everything else their clients wear look good.

    Just 250 Bugatti Tourbillons will be made.

    An electric Bugatti? The Tourbillon has landed

    In fact, it’s not all-electric. This supercar also has an 8.3-litre V16 engine capable of producing 1000 horsepower.

    Dean Miller (L) is interviewed by ex-NRL player Keegan Hipgrave about the importance of sleep earlier this year.

    A sleep scientist explains how to beat jet lag

    Sleep scientist Dean Miller is advising our Olympians about recovering faster from jet lag. Here’s what he will tell them before they head to Paris.

    Maria Callas in the 1960s.

    When Maria Callas went from diva to teacher

    By 1971, the celebrated soprano’s voice was worn out. This made for a febrile mood at her series of Juilliard masterclasses that year, now immortalised in a play.

    The under-the-radar watch brands worth your time

    Can’t get your hands on a Rolex, Patek Philippe or Audemars Piguet? Try one of these lesser-known timepieces as your next must-have.

    From the gallery