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Latest

Soil carbon capture surges as AI drives down costs

Artificial intelligence can reduce barriers to implementing soil carbon projects as ag tech creates new opportunities.

  • Agnes King
Discarded solar panels with shattered glass at a recycling facility in Arizona. Australia has few options for recycling panels.

Warning on the growing solar panel scrap heap

The industry is nearing a tipping point as the nation grapples with unprecedented levels of waste.

  • Nina Hendy

Sydney Uni VC asked security about terror groups at protests

No concerns about Hizb ut-Tahrir have been raised by police or intelligence agencies, says Sydney University vice chancellor Mark Scott

  • Tom Burton

Rate rises are doing what they were meant to

Readers’ letters on interest rate policy; wealth and the young; Australia’s place in Asia; credit card fees; sumo tournaments; fixed-interest investors; and David Rowe’s cartoons.

Record government spending prolonging RBA’s inflation fight

Treasurer Jim Chalmers says the economy would have gone backwards without government spending, but economists warn the outlays are making the RBA’s job harder.

  • Updated
  • Michael Read

You’re part of the inflation problem, McKibbin tells Chalmers

Former RBA board member Warwick McKibbin says the treasurer should be doing more to get price rises under control, instead of criticising the central bank.

  • Michael Read and Lucas Baird

Opinion & Analysis

Japan and Australia face a turning point in world history

Tokyo and Canberra back a free and open international order against unilateral attempts to coerce, says a contender in Japan’s prime ministerial race.

Yoko Kamikawa

Foreign Minister of Japan

Yoko Kamikawa

Government spending plays hero and villain

Jim Chalmers says the weakness of the economy justifies high government spending. He doesn’t want voters to link that with interest rates and inflation.

Treasurer v the RBA: Why Chalmers and Bullock are both right

Jim Chalmers says the economy is getting smashed by high rates, but it’s still running too hot for the RBA. The answer is simple: productivity.

Michael Stutchbury

Editor-at-large

Michael Stutchbury

Why the Philippines is the new China flashpoint

Most people have never heard of the Sabina Shoal, but it’s become the latest global testing ground for confrontation with China. Will it trigger broader conflict?

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More From Today

Japanese and Australian troops now co-operate more closely.

Japan and Australia face a turning point in world history

Tokyo and Canberra back a free and open international order against unilateral attempts to coerce, says a contender in Japan’s prime ministerial race.

  • Yoko Kamikawa

Yesterday

Treasurer Jim Chalmers.

Government spending plays hero and villain

Jim Chalmers says the weakness of the economy justifies high government spending. He doesn’t want voters to link that with interest rates and inflation.

  • Jennifer Hewett
Jim Chalmers, Michele Bullock and the inflation dragon.

Treasurer v the RBA: Why Chalmers and Bullock are both right

Jim Chalmers says the economy is getting smashed by high rates, but it’s still running too hot for the RBA. The answer is simple: productivity.

  • Michael Stutchbury

How this battery system can help the energy transition

The electricity grid is long on solar power and short on storage. This first of a kind battery service could be the solution.

  • Sian Powell
Anthony Woodyard, general manager of Armstrong Floorings, at its Braeside plant, which has 300 kilowatts of rooftop solar panels and is considering adding another 500kW.

This man’s $168k annual saving gives hope for net zero

Household rooftop solar has taken off, but small and medium firms have barely started. The huge reduction in the cost of solar panels and batteries may change that.

  • Ben Potter
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This Month

Andres Centino.

Why the Philippines is the new China flashpoint

Most people have never heard of the Sabina Shoal, but it’s become the latest global testing ground for confrontation with China. Will it trigger broader conflict?

  • Jennifer Hewett
Foreign Affairs Minister Penny Wong, right, is questioned by Australian Financial Review editor Cosima Marriner.

It’s up to business to take the Asian opportunity

While the government’s initiatives are designed to make it easier for Australian business to get established in new markets, it is up to business to take the opportunities we have created.

  • Penny Wong
George Alex outside the NSW Supreme Court at Darlinghurst during jury deliberations in his tax fraud trial.

‘I love a cunning plan’: A crime boss, the CFMEU and tax-dodging deals

Secret police recordings of more than 1000 calls made from prison helped unravel George Alex’s sprawling and corrupt labour hire empire.

  • Nick McKenzie, David Marin-Guzman and Kate McClymont

With tax reform, there’s too much diagnosis and too few solutions

Readers’ letters on a better tax system; mortgage brokers; climate change; tradies’ pay; unpaid super; David Rowe’s cartoons; and the best auction tip.

Jim Chalmers.

‘It’s self-evident’: Chalmers stands firm on rates ‘smashing the economy’

In a breakfast TV blitz, Treasurer Jim Chalmers has also accused the Coalition of making political capital out of the independent central bank’s decisions.

  • Michael Read
Jim Chalmers’ other concern is the weakness of economic growth and the possibility that this might tip over into recession.

Chalmers is more in touch with the economy than the RBA

It’s easy enough to understand the treasurer’s criticism of the RBA in political terms. But the inflation target that is good for the central bank as an institution is not so good for the economy.

  • John Quiggin
Jim Chalmers’ subterfuge no longer seems to be fooling anyone.

Chalmers is smashing Labor’s economic legacy

If only the treasurer focused a little less on managing political expectations and a little more on managing inflation expectations we might have avoided this mess in the first place.

  • Steven Hamilton

Homeowners rush to buy batteries to avoid ‘sun tax’

Electricity companies are starting to charge homeowners for excess solar energy. Some owners are taking their power back.

  • Nina Hendy
Luke O’Dwyer, development manager at Silverstone Developments.

Investors have moved away on private hospitals, industry warns

Investors in private hospital developments have shifted away from the sector, further heaping pressure on the healthcare system.

  • James Hall and Michael Smith
Consumer and wages data signal the economy is growing only slowly.

Consumer slowdown hits profits and GDP growth

Growth in profits and wages is slowing sharply across consumer-facing sectors such as retail and construction, raising expectations for sluggish June GDP figures.

  • Michael Read
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Reserve Bank governor Michele Bullock.

Attacks on retirees are getting old

Readers’ letters on the wealth of retirees; the Reserve Bank of Australia and fixed-interest investors; and private hospitals

Gina Cass-Gottlieb heads an ACCC that lacks the resources to handle large numbers of merger proposals.

Raising the bar against mergers will rob everyone of benefits

Why clamp down on mergers with less than maximum benefits when the public would still gain from seeing them go through?

  • Bran Black

Dozens of flights cancelled as 100,000 residents without power

At least 26 domestic flights departing from Sydney Airport have been cancelled as residents in three states battle major power outages.

  • Lucy Slade
Off we go into the wild blue yonder ...

Is Anthony Albanese fated to lead the last majority government?

Labor may not hold off the Greens, and the Coalition may not recapture the seats it lost to the teals. Another marriage of convenience may beckon.

  • Lidija Ivanovski