- Exclusive
- Healthcare
Health Department review finds private hospitals ‘uninvestable’
The preliminary findings, which have not been made public, come as Labor MPs grow concerned that the government is failing to fix a crisis in the system.
- Live
- Markets Live
ASX slips as gold miners fall; Downer rally extends, REA Group in halt
ASX shrugs of Wall Street lead to open lower. Gold and iron ore prices weigh on index. Star. Follow for more.
- Exclusive
- Casinos
Star asks lenders for relief and money to secure financial future
The struggling casino giant has also asked for temporary tax relief from the NSW and Queensland governments as it prepares to resume trading on Monday.
Germany’s far right set to win first regional election since WWII
With a year to go until Germany’s national election, the results are punishing for Olaf Scholz’s federal coalition.
- Live
- Need to Know
Albanese’s approval rating slides in poll
The Newspoll has Labor and the Coalition on level pegging; Entry-level workers to support AUKUS submarines; Victorian power outage grows as NSW warned strong winds to come. Follow live updates.
The ultrarich are buying up big, and using shell companies to hide it
Across the country, the wealthy are increasingly creating schemes to shield real estate transactions from view. And with it, creating a whole new industry.
Farquhar’s Atlassian era passes without a grand farewell
Co-founders Scott Farquhar and Mike Cannon-Brookes spent their final day of as co-CEOs working from home. Venture capitalists say Farquhar’s influence goes beyond Atlassian.
The best of travel, fashion, cars and more, straight to your inbox every Saturday.
The best of travel, fashion, cars and more, straight to your inbox every Saturday.
Companies
Brokers unload on CBA’s Comyn over pay
Industry group boss Anja Pannek said comments critical of broker pay controls from CBA boss Matt Comyn were a “deflection” after he lifted bonus caps for his bankers.
ESG fights for its place in mining sector’s sacred tome
For decades, the JORC code has been the little-known foundation upon which $544 billion in market value has been built. Now it’s getting a big shake-up.
- Exclusive
- Online gambling
Gambling advertising ban on jerseys and stadium signs back in play
The government had planned a separate process, but discussions have restarted after bookies supported the idea.
MinRes Air propelled by Multiplex heir Tim Roberts
Mineral Resources’ former director Tim Roberts is half owner of a new airline that Chris Ellison reckons will boost retention at the debt-laden miner.
- Opinion
- Energy transition
Solving the complexity of net zero is not that hard
The core principles that drive good investment are also at play in climate change. Let prices do the talking.
- Analysis
- Land banking
Endeavour’s property gambit needs capital and patience
Endeavour Group needs time to deliver its plans to redevelop excess land in its pubs and retail freeholdings. But how much longer will it get?
Activists seek to stir investor revolt at Woodside
Market Forces is urging shareholders to demand a board revamp at the oil and gas producer, citing a huge increase in emissions from its US LNG export plans.
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Markets
- Exclusive
- Interest rates
Inflation could become entrenched, ex-RBA research boss warns
The central bank’s former top researcher, John Simon, says the decision not to raise rates further has not been adequately scrutinised by the board.
Growth tipped to slump to 0.9pc, but don’t expect a rate cut
Outside the pandemic, it would be the slowest rate of annual growth since the 1990s recession, and the sixth consecutive quarter in which GDP per person declined.
Crypto owners are more likely to have psychopathic traits, study says
Digital asset holders exhibit higher levels of “dark” personality attributes, such as narcissism, Machiavellianism and sadism, according to an academic paper.
Chinese steel exports to reach eight-year high
Imports into Europe are expected to spike later this year, raising the prospect of more trade tensions.
- Opinion
- Earnings season
Here’s what is really going on in Australia’s sharemarket
After an intense month of profit results, when fund managers met with the majority of ASX-listed companies, the key takeaways were illuminating.
Opinion
Genuine bipartisanship is needed on the RBA dual board plan
The question now is what Labor and the Coalition are prepared to do to ensure those best qualified are in the room when monetary policy is being set.
Editorial
The allure of the loud know-nothing
Do huge entry-level salaries encourage the selection of assertive, confident, forceful people rather than quieter, shyer rivals who are more competent?
Columnist
Class action skewers Rio Tinto’s Bougainville redemption
A secretive company is disrupting efforts to finally make amends for the environmental devastation caused by its copper mine in Bougainville some 30 years ago.
Contributor
What scandal? Elliott doubles down on minimising bond trading fallout
Shayne Elliott is steadfast in his position that ANZ hasn’t done all that much wrong. It’s a familiar stance, but this time he better be right.
Senior reporter
Five questions to ask for Australia to reach its destiny in Asia
After years of spruiking ‘engagement’ with the region, we need to start asking ourselves some deep questions about how we advance our prosperity in the region.
Foreign policy expert
Labor’s price freeze shows the economic problem with childcare subsidies
Government contributions will again increase demand without boosting supply. No wonder fees keep rising.
Economics professor
Reports
Higher Education Awards
The Higher Education Awards highlight the tremendous contribution that the Higher Education sector makes to Australian capability, prosperity and society.
Politics
AUKUS jobs and Korean carbon planned for Labor’s big week in WA
Anthony Albanese’s bid to woo Western Australia includes a cabinet meeting and a swathe of events and announcements throughout the week.
Greens’ housing solution: hire 1000 public servants and slug landlords
The minor party wants a new national authority to crack down on dodgy real estate agents and landlords, promising to hire 1000 federal public servants to enforce renters rights.
- Exclusive
- Russia-Ukraine war
Why ‘paranoid’ Russia’s ties with China should worry Australia
Democracies including Australia need to band together against the ‘community of autocracies’ of Russia, China, Iran and North Korea, one of NATO’s top officials says.
‘More for a second-hand toothbrush’: Why EVs are on the nose
The most commonly held concerns about buying an electric vehicle related to upfront cost, charging facilities, and deterioration.
- Opinion
- Aged care
Aged care deal a small step to fairer system for young workers
Expecting taxpayers to foot the bill for spiralling aged care costs, just to avoid politically difficult conversations about independent retirement, only exacerbates generational inequality.
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World
Israel finds bodies of six more ‘brutally murdered’ hostages
Israel’s military says the hostages were executed just before soldiers arrived in a tunnel under Rafah. President Joe Biden said Hamas will “pay for these crimes”.
Why Pratt’s Ohio workers are swinging behind Donald Trump
The state is a test of support for Trump and J.D. Vance, who grew up there. In the town that’s home to Anthony Pratt’s paper mill, voters are already decided.
US-made F-16 crash still a mystery, as Ukraine mourns pilot’s death
After Ukraine sacked its air force chief, two senior US military officials said the cause of the F-16’s crash last week was probably not friendly fire.
- Analysis
- US Votes 2024
Trump is a ‘deer in the headlights’ on one key issue
Heading into the campaign’s final stretch, Republicans careen between their base and swing voters on the powerful issue of reproductive rights.
Australia, US condemn China over ‘dangerous’ new South Sea collision
The collision of the Chinese and Philippine coast guard vessels was the fifth in a month, as tensions escalate between the two nations in the vital waterway.
Property
A $1.4m sale plays the Brisbane and Melbourne markets – and wins
They didn’t mean to, but a young couple bought and sold in two capital city markets at just the right time.
Adelaide, Perth overtake Melbourne home values
The shift in ranking was partly compositional, but it also reflected Melbourne’s deepening downturn.
- Exclusive
- Housing crisis
Lose ‘wedding cake’ look and build more flats: architects
Top architects including Nightingale boss Dan McKenna, Kerstin Thompson and Andrew Maynard say Victoria’s housing crisis means planning priorities must change.
One-bathroom house beats reserve by $1m
Analysts say mortgage stress is one of the likely reasons more houses are being offered for auction, and warn it could lead to prices stalling or even falling in some places.
- Exclusive
- Construction
Pay deals keep tradies in line with Big Mac index, but teachers lag
Annual wage growth close to 5 per cent for the past two decades has put CFMEU construction workers ahead of other employees, new earnings analysis shows.
Wealth
The super funds failing to perform
For the first time, all default MySuper options passed the APRA performance test, but big retail funds continue to underperform.
Yachts, fine art and investment properties targeted by ATO
The ATO will use data from insurance and property management companies to cross-check taxpayer claims.
- Opinion
- SMSFs
Beware – DIY repairs and renovations are a minefield for SMSFs
Doing work on a property owned by your SMSF is fraught with danger because of strict tax and superannuation laws. Here’s what you need to know.
Technology
- Analysis
- The Breakdown
Why Nvidia, Apple and OpenAI need to strike a big deal
Microsoft has long been a major investor in the ChatGPT maker, now the two biggest companies in the world look like jumping on board, and OpenAI needs them.
Apple, Nvidia in talks to invest in OpenAI valuing it at $147b
The technology giants would join a multibillion-dollar funding round alongside Microsoft and Thrive Capital that would value the start-up at $147 billion.
- Analysis
- Earnings season
Nvidia’s fall shows ‘just great’ isn’t good enough any more
On the surface everything was rosy in Nvidia’s market-shifting earnings call, so why have investors headed for the door?
Work & Careers
Unfair dismissal is not the only way bosses are being sued
If you earn more than $175,000 a year and aren’t covered by an award, you can’t bring an unfair dismissal claim. But that doesn’t mean you can’t sue your boss.
The directors under 50 making their mark on top ASX boards
BOSS talks to five directors under the age of 50 about their careers and the experience they bring to the boards on which they serve.
Life & Luxury
Running a marathon with the big five. At least that was the plan
Riots ended the promise of an extraordinary experience in a Kenyan game reserve. And while some thrilling safaris made up for any disappointment, there’s always next year.
Ozempic reduces risk of heart failure by 27pc: study
Scientists don’t yet know why. But the findings are important given that heart disease is the leading cause of death globally and in Australia.
Need to get away? From pyramids to private islands, try these offers
Jump on these deals for spontaneous getaways this month and holidays on the horizon. You’ll be glad you did.
An edgy Hollywood hotel brand makes its Australian debut
It may have its origins in Los Angeles, but The StandardX has embraced the gritty hipness of its new location in Fitzroy, Melbourne.
- Driving With Tony Davis
- Motoring
Carmakers mine their archives to bring missing models to life
There might seem no reason to build a 1930s streetcar that never made it into production. But these extraordinary cars are not for your average driver.
