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Universities are taking steps to ensure there is no repeat of pro-Palestinian encampments.

CCTV and sleepover bans: universities clamp down on protests

Universities are in a balancing act trying to protect the right to protest while also keeping students and staff safe in the wake of pro-Palestinian protests and antisemitism.

  • Julie Hare
Bourke Street was virtually empty during lockdown in Melbourne in 2020.

Victoria slumps for business, as execs warn: ‘It’s really struggling’

CSL chairman Brian McNamee and former NAB CEO Ross McEwan warn that the state is in financial peril, as new business starts fell behind the rest of the country.

  • Gus McCubbing and Patrick Durkin

RBA barred Westpac in third case of briefing leak

A suspected leak of an off-record briefing from Michele Bullock led to the bank being black-listed for 12 months.

  • Mark Di Stefano, John Kehoe and Cecile Lefort

CBA’s Comyn backs APRA’s mortgage buffer rules amid intense criticism

The chief executive of the country’s biggest lender said critics – who say the regulations make loans unattainable – were looking for an easy but ineffective fix.

  • Updated
  • Michael Read and Lucas Baird

Warm weather lifts spending on booze, gardening and camping gear

Retail sales may have finally turned a corner, as unseasonably warm weather pumped up demand for products normally bought in spring.

  • John Kehoe

Debt hits seven-year low before decade of deficits

Federal government net debt has fallen to its lowest level since 2017, but economists say the coming decade of deficits will send borrowing levels higher.

  • Michael Read

Opinion & Analysis

No more weird: Vance remakes the Trump campaign record

J.D. Vance wanted to come across as a nice guy while making Donald Trump’s policies sound sensible. The real nice guy, Tim Walz, tried to challenge that but it was too little, too late.

A narrow window to change the fortunes of the ASX

The cost and regulatory burden of a public listing is driving companies and investors into the arms of private capital. The ASX needs to fix itself.

RBA should spell out rules on private meetings with market movers

The holding of confidential meetings can backfire when some people think that others are getting advantaged access to the central bank’s thinking.

John Kehoe

Economics editor

John Kehoe

China’s cleantech leadership is Australia’s decarbonisation opportunity

Our path to a green future can thrive by strengthening its climate partnership with China.

David Olsson

Australia China Business Council

David Olsson
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Yesterday

J.D. Vance and Tim Walz shake hands before the debate begins.

No more weird: Vance remakes the Trump campaign record

J.D. Vance wanted to come across as a nice guy while making Donald Trump’s policies sound sensible. The real nice guy, Tim Walz, tried to challenge that but it was too little, too late.

  • Jennifer Hewett
The ASX and ASIC have made a synchronised effort to drive away capital and investors.

A narrow window to change the fortunes of the ASX

The cost and regulatory burden of a public listing is driving companies and investors into the arms of private capital. The ASX needs to fix itself.

  • Peter Swan and Dimitri Burshtein
The controversy about meetings has come at a time when Governor Michele Bullock has improved the bank’s clarity.

RBA should spell out rules on private meetings with market movers

The holding of confidential meetings can backfire when some people think that others are getting advantaged access to the central bank’s thinking.

  • John Kehoe
Encouragingly, during his trip last week to Beijing, Australia’s Treasurer Jim Chalmers acknowledged this mutual interest in green steel production.

China’s cleantech leadership is Australia’s decarbonisation opportunity

Our path to a green future can thrive by strengthening its climate partnership with China.

  • David Olsson

This Month

The central bank could now publish the diaries of deputy and assistant governors - as Ms Bullock already does.

RBA must make rules of engagement explicit

The central bank should keep on talking to bankers, market economists, and politicians. But it needs transparent rules to guide it when it does.

  • The AFR View
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Israeli soldiers sleep on tanks in a staging area in northern Israel near the border

Where middle Australia meets the Middle East

Israel’s push into Lebanon ensures a greater fraying of any complacency about this country’s claims to enjoy enduring social cohesion over generations of immigrants.

  • Jennifer Hewett
Assistant RBA governor Christopher Kent and governor Michele Bullock. It is important for the RBA to be able to get different perspectives and talk privately with people outside the bank.

Don’t turn the RBA’s private talks into a fishbowl

Not allowing the central bank to test its thinking with people in financial markets will leave us with much less well-informed monetary policy decision-makers and, thus, worse monetary policy decisions.

  • John Simon
Assistant RBA governor Christopher Kent and the central bank’s governor, Michele Bullock, at a parliamentary hearing in June.

RBA gives RBC Capital Markets private briefing, bars bank after leak

The incident is the second off-the-record discussion between the central bank and traders that has been made public. It was held after a February rate decision.

  • Mark Di Stefano and John Kehoe

September

Treasurer Jim Chalmers delivering his third budget in May this year.

Our fiscal strategy strikes the right balance

We are repairing the budget without hurting an already weak economy, putting people under more pressure or ignoring urgent and unavoidable spending.

  • Jim Chalmers
Atlassian co-founder and Spaceship investor Mike Cannon-Brookes.

Mike Cannon-Brookes’ super rocket crashes to Earth

Millennial investing start-up Spaceship’s exit is a mercy killing, with investors sitting on an illiquid and uncertain return.

  • Mark Di Stefano
Treasurer Jim Chalmers speaking about the budget surplus on Monday.

Why budget surplus is up, up, up

Jim Chalmers is claiming credit for delivering two budget surpluses in a row. He’s less keen to explain how much the high level of income tax helped.

  • Jennifer Hewett
Treasurer Jim Chalmers has rebuffed calls to ease mortgage lending laws after Coalition MPs and ANZ warned prospective homebuyers were struggling to get finance.

Lending laws locking out home buyers: Bendigo bank

Treasurer Jim Chalmers has rebuffed calls to ease mortgage lending laws after Coalition MPs and ANZ warned prospective home buyers were struggling to get finance.

  • Michael Read and Lucas Baird
Treasurer Jim Chalmers during a press conference on Monday.

Spending pressures make third surplus unlikely

The treasurer has delivered a solid second budget surplus of $15.8 billion on the back of booming income tax receipts, but future spending pressures are emerging.

  • John Kehoe
Australia is planning to co-host alongside Pacific islands that are vulnerable to sea level rise and severe storms.

Bringing COP31 Down Under will be an unprecedented opportunity

Australia could co-host the global climate meeting in 2026 well on the way to emissions targets, and ready to drive fresh momentum.

  • Kerry Schott and John Connor
Property prices and credit growth have remained very resilient in the face of higher rates.

Why the strong housing market is still a problem for the RBA

Booming credit demand from wealthier borrowers is more proof that housing is still humming along. That could crimp the RBA’s ability to cut.

  • James Thomson
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Treasurer Jim Chalmers during a press conference on Monday.

Income tax hits 25-year high in Chalmers’ surplus

The treasurer’s second budget in the black has been underwritten by the highest share of wages taxation since before the GST was introduced in 2000.

  • John Kehoe and Michael Read
Shadow treasurer Angus Taylor and Liberal parliamentarians Andrew Bragg, Keith Wolahan, Maria Kovacic, Jenny Ware and Aaron Violi

Own home becoming ‘just for rich’: Coalition weighs lending overhaul

Housing has become a key battleground for the major parties, as record prices and high interest rates combine to significantly reduce affordability.

  • Michael Read
New York City mayor Eric Adams.

How a love of luxury may bring down New York’s mayor

Eric Adams was elected partly on the strength of his origin story, a narrative that shrouded questions of his character, judgment and associates.

  • Nicholas Fandos, Eliza Shapiro and Emma G. Fitzsimmons
The Chanticleer podcast features James Thomson and Anthony Macdonald.

Negative gearing explodes | Coles’ and Woolies’ dodgy discounts | The corporate Power list

This week on the Chanticleer podcast, James and Anthony look at how the supermarket giants were accused of dodgy discounting, ask who will win the brawl over negative gearing, and examine the corporate Power list.

Long-term results for super depends on vigilance over the risks now.

Keeping vigilance over our big super risks

Australians now have a mountain of capital saved in their super system. But size brings its own challenges.

  • The AFR View