Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
Advertisement
AUDUSD0.6884
0.0051 (0.74%)0.74%
SPI 2008,229.00
24.00 (0.29%)0.29%
S&P/ASX 2008,142.00
-10.90 (-0.13%)-0.13%
All Ords8,385.10
0.90 (0.01%)0.01%
NZX 504,610.26
-37.53 (-0.81%)-0.81%
Hang Seng19,000.56
753.45 (4.13%)4.13%
Nikkei37,940.59
216.68 (0.57%)0.57%
View all

The search is on for the 2025 Best Places to Work.

Nominate now.

Resources Minister Madeleine King has helped drive the new critical minerals financing initiative.

Allies’ critical minerals deal to hit China dominance

Local mining and processing projects could be funded by more than a dozen like-minded nations as part of a new joint financing body agreed to by 14 countries.

The competition watchdog’s allegations have fuelled the political debate.

Woolworths, Coles price manipulation claims come at tough time for BCA

Liberal and Labor MPs say that the claims against the supermarkets undermine corporate Australia’s efforts to position itself as a critical plank of prosperity.

Inflation to hit three-year low, but don’t expect a rate cut: Bullock

Michele Bullock says she will ignore data on Wednesday that is likely to show inflation back in target band, warning government energy rebates will not bring forward a rate cut.

Why there will be no relief on rates

Jim Chalmers claims “welcome and encouraging progress” in the fight against inflation. The Reserve Bank disagrees, writes Jennifer Hewett.

Hard for RBA to cut rates without a breaking point

It’s nearly four years since we last had a rate cut. We could be waiting a while longer.

How a Caramello Koala helped catch Coles and Woolies out

As consumers’ belts tightened, price-sensitive shoppers vented their frustrations online on Reddit, TikTok and X. The ACCC, it seems, was listening.

Hostplus CEO David Elia’s personal plea for peace in the Middle East

If the region remains wedded to the past, it is impossible to see how it can reconcile and move forward, says the CEO of the $115 billion super fund.

Advertisement

POWER LIST

The five most powerful Australian tech leaders in 2024

The biggest deal of the year, the end of an era at Atlassian and the rising influence of super funds helped to shape the list of technology’s most powerful in 2024.

Australia’s most powerful deal makers in 2024

If investors step up and hit the bid on those valuations, the market will see real momentum. If not, it will be the same painful conversation about dry powder next year.

Vincent Namatjira, Jessica Fox, Ariarne Titmus, Michael Lee.

The 10 most culturally powerful people in Australia

What does it mean to be Australian right now? These 10 people made the biggest mark on our national culture this year.

Australia’s most powerful people in property for 2024

Interest rates and construction costs are wreaking havoc and creating new winners and losers. Perhaps the biggest power shift is the fading influence of the CFMEU.

The Gaza conflict ripped through the arts and ripped it apart

The conflict in Gaza hangs heavily over theatres and galleries, as animosities lead to a wave of resignations, donor withdrawals and boycotts.

The best of travel, fashion, cars and more, straight to your inbox every Saturday.

Sign up for the free Life & Leisure newsletter

Companies

BINGO Industries CEO Chris Jeffrey.

Macquarie’s Bingo secures $100m lifeline but loses CEO and CFO

The waste management group has been struggling under a heavy debt burden after being downgraded by S&P Global this year. In all, three executives will leave.

Woodside chief executive Meg O’Neill in Sydney last month.

Investors quit Woodside as shares languish

Dissatisfied investors say a share buyback would have been a better use of its capital than two US acquisitions.

Hemmes wins Establishment trademark dispute

The Merivale hospitality entrepreneur won a decisive naming rights victory against a new Brisbane restaurant called Establishment 203.

China has moved to speed  up its spluttering economy, which is big news for Australian investors.

Did China fire the bazooka to stop the big bank run?

If it takes a bazooka to stimulate the Chinese economy, it will also take a bazooka to end the banks’ run.

Retail legend invests $100m in Ray White private credit push

Sanity Entertainment owner Ray Itaoui has joined the push by high-net-worth investors, family offices and institutions into private real estate credit.

PwC revenue slumps $820m after tax leaks scandal

Takings fell by more than a quarter to $2.35 billion in 2023-24, making it PwC Australia’s worst decrease ever, as the fallout from the crisis continues.

Renewables projects rebound, but still behind target

The Clean Energy Regulator raised its forecast for wind and solar farm approvals this year, after a drop in generation from renewables in the June quarter.

Companies in the News

Search companies

View stories and data from an ASX listed company

Markets

The People’s Bank of China cut two key policy rates by 10 basis points, its first rate reduction in nearly six months.

Markets cheer China stimulus, but pundits warn it’s no ‘bazooka’

Iron ore futures surged 6 per cent, triggering a rally in ASX mining stocks, but China’s latest support package may not have a lasting impact on commodity prices.

RBA governor Michele Bullock said the board didn’t “explicitly” discuss a rate hike.

Traders up bets on RBA December rate cut, ignoring Bullock

The bond market is sticking with its prediction of some rate relief by Christmas, despite governor Michele Bullock saying that inflation remains “too high”.

Richard Galvin, of DACM spoke at the The Australian Financial Review Crypto and Digital Assets Summit in Sydney on Monday.

Go long and let others take the risk: crypto fundies’ top strategies

Some of Australia’s best performing digital asset managers have told investors to ignore the noise when mulling a bet on cryptocurrencies.

Aldi the big winner from price gouging backlash

Investment banks warn of huge penalties and reputational damage after the ACCC alleged the supermarkets advertised specials that were cheaper weeks earlier.

ASX dips as banks and supermarkets sink; BHP rallies

Shares fall; Iron ore spikes on China rate cut; Light & Wonder dives after losing in Nevada; Cettire releases audited results. Follow updates here.

Opinion

ASIC sets off the crypto fire alarm, Canberra will have to respond

Delegates to this week’s Summit pleaded for clarity about how digital assets are defined under corporate laws.

James Eyers

Senior Reporter

James Eyers

Childcare must be made universal

The Productivity Commission’s review of early childcare and education is welcome. Australia needs to follow others and make childcare for all.

The National Party must help to fix up the farm that is Australia

Labor is only adding to sense of regression and decline in Australia. The Nationals can’t restore the country if they succumb to populism themselves.

John Anderson

Former Nationals leader

John Anderson

Coles and Woolworths score own goal on dodgy discounts

The big supermarket chains have already lost the public relations war over the ACCC’s allegations of fake discounts. What’s the next move?

Dutton nuclear policy sell fails to add up the cost

The energy future of Australia requires details – and lots of them – so that voters can make an informed choice. 

The AFR View

Editorial

The AFR View

Dutton’s nuclear folly is an economy wrecker

Under the Coalition, Australian manufacturing would face a decade of uncertainty and taxpayers would finance the renationalisation of electricity generation.

Craig Emerson

Former Labor minister and economist

Craig Emerson

Reports

Executive Education - lifelong learning

This special report looks at lifelong learning, focusing on the impact and efficacy of leadership courses designed for top-tier managers and business leaders.

Advertisement

Politics

Resources Minister Madeleine King has helped drive the new critical minerals financing initiative.

Allies’ critical minerals deal to hit China dominance

Local mining and processing projects could be funded by more than a dozen like-minded nations as part of a new joint financing body agreed to by 14 countries.

‘Beyond our capacity’: Wong warns Australians in Lebanon

Beirut’s airport is on Israel’s target list but would only be hit if Hezbollah keeps attacking Israel, an IDF expert has warned.

John Pesutto, centre, Dr Matt Collins, right, and Pesutto’s wife, Betty, arriving at the Federal Court on Tuesday.

MP v SC: Pesutto spars with Deeming’s barrister in defamation trial

Moira Deeming’s barrister Sue Chrysanthou, SC, has attacked Victorian Liberal leader John Pesutto’s 2018 remarks about “African gangs”.

Coalition nuclear policy relies on coal for longer than experts expect

Opposition leader Peter Dutton has conceded that the Coalition’s nuclear policy relies on an extended use of coal power and a sharply increased role for gas power.

Why do I have to pay more for others’ free childcare?

Readers’ letters on who bears the cost of childcare subsidies; bitcoin going mainstream; the BCA and populism; the cost of nuclear energy; CFMEU members’ fears; and the benefits of hip replacement.

SPONSORED

World

Lebanese citizens flee in a pickup from the southern port city of Sidon.

Israel and Hezbollah exchange fire after Lebanon suffers 500 killed

As thousands of people fled southern Lebanon, Israel’s military says it would do “whatever is necessary” to push Hezbollah away from Lebanon’s border with Israel. 

Palestinians look at the destruction after an Israeli airstrike on a crowded tent camp housing Palestinians displaced by the war in Muwasi, Gaza Strip.

As fight with Hezbollah heats up, people of Gaza fear being forgotten

Palestinians fear miserable conditions in Gaza will become permanent. Most of the population is homeless, with hundreds of thousands in unsanitary tent camps.

Trump faces growing problem with the MAGA movement

A second Trump administration would be full of people like J.D.Vance, pursuing their own agendas at every level. The former president is denying a reality of his second term that everyone else can plainly see.

Netanyahu’s polls rebound after aggressive Israeli operations

The recovery in his party’s fortunes has become more pronounced since the end of July, when Israel assassinated senior Hezbollah and Hamas leaders in Beirut and Tehran.

China unleashes stimulus blitz to hit annual growth goal

The central bank announced a cut to the amount of money banks must hold in reserve, taking it to the lowest level since at least 2020. It also cut a key policy rate.

Property

Andrew McVeigh believes investing in a pool of housing projects can deliver 20 per cent returns.

Ex-Brookfield CFO seeks $50m for equity push into housing projects

Andrew McVeigh says he has investors lining up to commit to a new equity fund that will invest in a portfolio of development projects.

RBA decision to hold on rates won’t help home buyers: experts

The housing market won’t get much of a boost from the RBA’s decision to keep rates steady, although some investors may be willing to jump in early.

The Adelphi Hotel has been put into administration.

Hospitality empire on brink as Adelphi Hotel put in administration

Virtical group, which exploded on to the Sydney and Melbourne pub scene last year, has lost control of its two biggest assets.

Sell in the first two weeks, or wait? They sold, for $2.35m

There were many people looking, but few buying. When the vendor of this Sydney home secured two potential buyers, they acted. Quickly.

‘Pay to stay’: Average Sydney hotel room rate to hit $426 by 2033

Sydney will be the standout hotel market over the next decade as occupancy rises to 86pc and few new hotels are completed to keep up with demand.

Advertisement

Wealth

There are a few tricks to follow when it comes to picking the best card.

Perks, points and fees: How to choose the right credit card

Understanding the four credit card types will help you make smart choices.

Let others take the risk: crypto fundies’ top strategies

Some of Australia’s best performing digital asset managers have told investors to ignore the noise when mulling a bet on cryptocurrencies.

The $1 rule, and 43 other easy ways to be better with money

Not everything about money has to be hard. We asked experts for their top tips on how to be better at saving, budgeting and investing.

Technology

Inside Elon Musk’s mushrooming security apparatus

The world’s richest man has long cultivated a devil-may-care persona. But in private, he has increasingly barricaded himself behind a growing phalanx of armed bodyguards.

Evolt 360 co-founders Ed Zouroudis and Kelly Weideman in New York where the company is rolling out its body scanning devices to clinics.

ASX hopeful Evolt 360 reveals plans to cash in on Ozempic boom

The founders of body scanning company are hoping to list on the stock market before Christmas, backed by investors including Regal, Soul Patts and Perennial.

Indebted founder and chief executive Josh Foreman has relocated to the US, its most lucrative market.

Digital debt collector worth $350m after big money raise

Business booms for InDebted when cost-of-living hits consumers. It has attracted new investors, including a super fund to back a rare valuation increase.

Work & Careers

Young women are now not only more likely than men to be caring for family members, but also to be in work or full-time education.

Young women are leaving men behind (and not only at uni)

Females are now not only more likely than males to be caring for family members, but also to be in work or full-time education.

Australia’s most powerful deal makers in 2024

If investors step up and hit the bid on those valuations, the market will see real momentum. If not, it will be the same painful conversation about dry powder next year.

Advertisement

Life & Luxury

Social media, in particular TikTok, is a hotbed of anti-ageing sentiments.

The reason Gen Z is so obsessed with ageing

TikTok is driving anxiety among younger generations, but are there healthier ways to prevent looking old before your time?

If you don’t know about fiano yet, it won’t be long

From growers to drinkers – this resilient and versatile grape variety is so popular that it’s on track to overtake pinot gris.

Our fashion editor’s guide to shopping in New York City

Personally researched and painstakingly compiled, it will save you time and possibly even money. Your retail therapy journey starts here.

Cripps, again. But Brownlow standouts may not be who you think

Carlton’s Patrick Cripps blew the competition out of the water at AFL’s highest individual accolade. Here’s a closer look at the history of Australian rules’ highest honour reveals a startling fact about this year’s finalists.

Can a robot be too human? This one can

Ecovacs’ latest robovac cleans more like a human does than anything we’ve ever seen. But that’s not always a good thing.

From the gallery