US inflation hits three-year low as Fed prepares for rate cuts
Traders are now more confident of a 25 percentage point rate cut as inflation eased for the fifth time but the economy still looms large in the US election
- Exclusive
- Casinos
Star’s lenders offer $150m lifeline as casino fights for survival
The gaming group, which operates in Sydney, Brisbane and the Gold Coast, has been in turmoil since its shares were suspended from trade earlier this month.
- Opinion
- Privacy
Labor’s plan for protecting your privacy: hope the internet disappears
The Albanese government has squibbed at nearly 40 key privacy reforms and given in to an outdated argument that Australia is a nation of shopkeepers.
- Analysis
- Competition
Why breaking up Qantas is a step too far in Nats’ populist push
The Nationals happily bashed supermarkets and Bunnings, but proposing airline break-up powers caused a swift Liberal rebuke.
- Exclusive
- Social media
Tech giants in firing line to pay for swath of new online laws
The Albanese government is introducing new laws to curb the harms caused by social media giants, and is also looking at how to make them pay for it.
- Exclusive
- Mining
Union wants BHP to pay $10,000 annual bonuses to iron ore workers
The $10,000 retention bonus is part of a log of claims presented to BHP on Wednesday as unions seek to retake the Pilbara.
Lithium stocks roar back as short sellers scramble on mine closure
Some of the sharemarket’s most shorted lithium stocks surged after reports that a major project has been suspended in China, which could be a boon for prices.
The best of travel, fashion, cars and more, straight to your inbox every Saturday.
US Votes 2024
- Analysis
- US Votes 2024
Harris gets under Trump’s skin, comes out on top
Vice President Kamla Harris was far more effective, better rehearsed, and barely stumbled with detailed answers that helped show up Donald Trump’s shortcomings.
- Opinion
- US Votes 2024
Candidates present contrasting versions of America’s destiny
The vice president laced her rhetoric on foreign policy with the triumphalism that Democrats have now adopted with more gusto than their Republican opponents, writes James Curran.
- Opinion
- Chanticleer
The three clues for investors from the election debate circus
Investors heard little in the way of policy substance from the presidential debate, but there were a few indications of what could lie ahead.
- Opinion
- US Votes 2024
Harris should get the polling bump from this debate
The vice president did a better job of highlighting Trump’s extremism than he did of painting her as a Californian liberal.
- Opinion
- US Votes 2024
Kamala Harris has the measure of Donald Trump
By any objective measure, the vice president won the debate – even some Fox News pundits called it a bad night for her rival. Voters, however, might not agree.
The best of travel, fashion, cars and more, straight to your inbox every Saturday.
Companies
MinRes calls bottom on lithium as price pain spreads to China
Lithium stocks have bounced as rock-bottom prices finally take their toll on one of China’s biggest integrated miners and battery makers.
- Exclusive
- Mining
Union wants BHP to pay $10,000 annual bonuses to iron ore workers
The $10,000 retention bonus is part of a log of claims presented to BHP on Wednesday as unions seek to retake the Pilbara.
- Exclusive
- Education
Grok Academy’s founder resigns with workplace investigation under way
The free technology education group championed by billionaire businessman Richard White has already made the majority of its staff redundant.
Origin reworks coal power stalwart for final years
The giant Eraring coal generator faces a dynamic last few years to cope with the influx of renewables as the baseload site reinvents itself.
ASX chairman Damian Roche retires amid CHESS fallout
His departure comes shortly after ASIC sued the sharemarket operator, alleging it misled investors about how badly the critical upgrade was going.
REA mulls London listing if $11b Rightmove takeover succeeds
But the News Corporation-backed real estate giant British target has rejected an initial bid that offered its shareholders a mix of shares and cash.
Greatland Gold bound for ASX after Telfer deal
The top end of the ASX gold sector could get a shake up with the new owner of the Telfer mine, Greatland Gold, hoping to list within six months.
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Markets
WAM’s $1.9b fund has a bold plan to snap back from ‘very tough year’
Wilson Asset Management’s biggest listed fund has had a rough 12 months, underperforming the sharemarket by nearly 10 per cent. But its portfolio managers have a bold plan to make a strong comeback.
Lithium stocks roar back as short sellers scramble on mine closure
Some of the sharemarket’s most shorted lithium stocks surged after reports that a major project has been suspended in China, which could be a boon for prices.
Brent oil tumbles below $US70 as oversupply fears deepen rout
The global benchmark briefly shed more than 4 per cent in New York, with US crude plunging more than 4.5 per cent.
What happened overnight? A tech rebound offset Wall Street bank woes
Australian futures reversed earlier losses. Oracle rallied on its results, lifting the Nasdaq and S&P 500. Oil plunged anew. US August CPI was pending.
JPMorgan leads bank-stock slump after tempering revenue optimism
Shares in the Wall Street giant fell after its president said analysts were being too optimistic, adding to a more pessimistic outlook for the biggest US banks.
Opinion
A polarised America is yet to turn the page on the Trump show
What the debate ultimately underlined is why the election will be close in what remains a divided country.
Editorial
Bill Shorten’s Labor legacy: tax, spend and a broken NDIS
Beyond the NDIS blowout, Shorten failed to build a new Labor economic growth project that was more aspirational for hard-working and over-taxed wage earners.
Economics editor
Why Australia’s miners are so alarmed by Albanese
The powerhouse industry is aghast at the government’s policies on industrial relations and environmental changes and has broken diplomatic cover to say so.
Columnist
Industry policies can work if we carefully weigh the risks
There can be compelling reasons for governments to intervene with subsidies and other favours. But they can never be allowed to become blank cheques.
Economist
Ill-disciplined politics cruel central bank and aviation reform
Australia’s economic debate is not going well. The conversations need to be better than those of the last few weeks.
Editorial
We will all pay the price for RBA board reform failure
More expertise on the central bank’s board could help avoid an unfortunate repeat of Philip Lowe’s pandemic-era guidance that interest rates were not expected to rise until 2024.
Economics editor
Reports
Clean Energy - the bumpy transition
This special report looks at how Australia is tracking to meet net zero goals, and the new technology that can help us get there.
Politics
Doxxers face years in prison under new privacy offences
The Albanese government’s new privacy laws make doxxing – maliciously revealing personal information – a crime, punishable by up to seven years in prison.
- Opinion
- Privacy
Labor’s plan for protecting your privacy: hope the internet disappears
The Albanese government has squibbed at nearly 40 key privacy reforms and given in to an outdated argument that Australia is a nation of shopkeepers.
Dutton stares down attempt to thwart federal takeover of NSW Liberals
Barring more last-minute snags, the NSW division is set to be under the administration of three people for the next 10 months.
Defence slammed over cyber failures, lack of munitions
Two reports have highlighted major cybersecurity gaps and procurement problems for Australia’s military.
- Analysis
- Competition
Why breaking up Qantas is a step too far in Nats’ populist push
The Nationals happily bashed supermarkets and Bunnings, but proposing airline break-up powers caused a swift Liberal rebuke.
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World
BMW recall and VW job threat deepen German industry crisis
BMW shares plunged after the company disclosed the spiralling cost of a recall affecting 1.5 million vehicles.
US accuses China of directly supporting Russia’s ‘war machine’
Kurt Campbell said China was supplying Moscow with items that were directly helping the Russian military as it prosecutes its war of aggression in Ukraine.
Google and Apple face billions in penalties after losing EU appeals
The decisions, handed down by the Court of Justice of the European Union, were seen as an important test of efforts to clamp down on the world’s largest technology companies.
- Opinion
- Gender equality
As the Taliban silences Afghan women, we must raise our voices
Since 2021, the world has stood by and watched as the basic rights of women in Afghanistan have been dismantled.
Massive Ukrainian drone strike on Russia kills one and closes airports
Russia said it destroyed at least 20 drones over the Moscow region, which has a population of over 21 million, and 124 over eight other regions.
Property
Will the Sydney Metro change where you work?
Corporate tenants are shifting into the CBD, thanks to the new metro stations. But experts are divided on whether North Sydney will be a winner or a loser.
- Exclusive
- Property investment
Buyer of iconic Sydney pubs under investigation over $100m GST refunds
The high-flying buyer of popular pubs such as Kinselas, the Courthouse and the Metropolitan, and Melbourne’s Adelphi Hotel, is under investigation by the Tax Office.
This is why a Sydney unit costs $240k more to build than in 2018
It now costs 36 per cent more to build an average apartment in Sydney than it did in 2018. Here are three reasons why.
- Exclusive
- Luxury property
Famed Sydney trophy weekender Cloud Valley on offer for $30m
One of Australia’s most exclusive rural retreats – once owned by talkback legend John Laws – has hit the trophy market guiding $25m to $30m.
Chris Lucas’ 24/7 recipe for success
Renowned restaurateur has been working with developers to transform the ground level of major new projects with upmarket restaurants.
Wealth
- Opinion
- Super Q&A
I’m 74 and want to run my $10m SMSF with less fuss
A wealth manager can help you with investment strategy, administration and accounting. But choose wisely by checking their qualifications.
- Opinion
- ETFs
As term deposit rates fall, there’s another option for savers
Cash and money market ETFs allow investors to generate comparable returns to term deposits, but with greater access to ready liquidity, writes Cameron Gleeson.
- Opinion
- Trusts
The blueprint for Aussie wealth creation may no longer apply
For the past 30 years, creating and preserving wealth has followed a predictable pattern. But things have shifted, perhaps irrevocably.
Technology
- Analysis
- Tech crackdown
‘Daylight robbery:’ Canberra needs EU muscle to land big tech blow
The government wants to work cooperatively with tech moguls such as Meta’s Mark Zuckerberg, but that seems like wishful thinking, and tougher laws are coming.
iPhone 16 faces challenge from $4220 triple fold phone
Huawei unveiled its world-first innovation, which fits a 10-inch tablet in a pocket, just hours after Apple revealed its latest handset.
How these parents keep their kids off social media
From “rubbish” phones to smartwatches and screen time bans, executives are trying to find ways to keep their kids off social media while still being able to be in touch.
Work & Careers
Out of a job, not ready for golf: the rise of the portfolio career
Today’s public company chief executives and top leaders simply do not last as long in their jobs as they once did, so there are more unemployed high-flyers keen for work.
How this former teacher became CEO of a $540m company
Jon Davey, chief executive of payments provider Tyro Payments, became a teacher after finishing school but realised it wasn’t for him.
Life & Luxury
‘Mosman Bay’ stars on a sobering night at Bonhams art auction
Arthur Streeton’s beach scene brought almost half the total take as many works went unsold in Sydney; Leonard Joel gathers 133 lots for this year’s Women Artists’ sale.
What happened when Jill Biden appeared at NY Fashion Week
Is it fashionable to vote? Designers at New York Fashion Week, which wraps up today, say the answer is yes.
Comic spy thriller comes with biting humour and dysfunctional office politics
The losers, misfits and boozers of Slow Horses are back for a fourth season, and are up for nine Emmy Awards next week.
Why bite-sized snacks are the ultimate restaurant experience
Full of exciting flavours, the smallest items on the menu are packing the biggest punch.
- Driving With Tony Davis
- Motoring
This $500k-plus supercar is built to be driven off-road
The Sterrato is an oddball but rugged variant of a Lamborghini famous for being so low-slung you need to hit a “nose-lifter” button to clear even a modest driveway.
