- Exclusive
- Israeli-Palestinian conflict
Israel says Iran an affront to peace as it marks October 7 anniversary
The strongly worded comments from Israel’s ambassador to Australia come as the Jewish state considers a “serious and significant” response against Tehran.
ASX buffered by oil price bounce as Middle East conflict widens
The ASX 200 is headed for a 0.3 per cent rise on Monday, but heightened tensions from Israel’s strikes on targets in Lebanon could keep investors on edge.
RBA rate relief to arrive before federal election, say economists
The RBA will start cutting rates in February, according to the median forecaster in the Financial Review’s quarterly survey of economists, handing federal Labor an economic win.
Blackstone’s Crown knocked back in NSW pokies request
Sources said the proposal involved buying poker machines that would have otherwise been purchased by the NSW government under a five-year buyback scheme.
Fund private hospitals or risk patient safety: surgeons
Surgeons and other medical specialists say the government must help bail out private hospitals and reform the way insurers fund the system.
- Opinion
- Big four
How the big banks got out of Canberra’s line of fire
The big four bank chiefs can stride confidently into the capital. Perhaps the supermarkets, now under attack, can learn something from their rehabilitation.
- Exclusive
- Vocational training
Taxpayers paid McDonald’s $72m to train its staff
McDonald’s Australia and its franchisees were the biggest beneficiaries of the Coalition’s $5.8 billion trainee and apprenticeship wage subsidy, documents show.
Get our expert take on the race to the White House plus receive our weekly World View newsletter to make sense of the global impact. Exclusive to subscribers.
The hotly anticipated lists of who wields the most overt, covert and cultural clout in Australia.
Companies
Takeovers Panel mulls rare backflip on Rio Tinto’s uranium gambit
The Takeovers Panel will review a decision from only a fortnight ago, potentially reopening a running war between Rio Tinto and minority investors in ERA.
- Analysis
- Food
This $1.10 tin of tomatoes is the perfect symbol for SPC’s challenges
The century-old agribusiness is about to return to the ASX after two decades. It will be a much bigger company. But can it succeed against supermarket giants?
- Analysis
- Mergers & acquisitions
A Rio Tinto bid for Arcadium makes sense, if the dollars stack up
Rio boss Jakob Stausholm has given investors every reason to believe reports that a lithium deal is imminent.
Fund private hospitals or risk patient safety: surgeons
Surgeons and other medical specialists say the government must help bail out private hospitals and reform the way insurers fund the system.
Platinum lets in Phil King’s Regal in anticipation of higher bid
The three-decade old global equities firm founded by veteran stock picker Kerr Neilson has agreed to give its would-be suitor access to non-public information.
Why just three teams keep winning the NRL title
Just three teams have won the NRL since 2018, but the AFL premiership has been shared between six clubs in that time. Here’s why.
Fortescue in court win over Element Zero
The Federal Court refused a request by former Fortescue executives to invalidate a search-and-seizure mission against them.
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Markets
- Opinion
- Sharemarket
Why it’s time to be buying shares, not selling
The sharemarket is at an interesting juncture. When the two largest economies are injecting stimulus, I’d rather not look a gift horse in the mouth, writes Jun Bei Liu.
RBA rate relief to arrive before federal election, say economists
The RBA will start cutting rates in February, according to the median forecaster in the Financial Review’s quarterly survey of economists, handing federal Labor an economic win.
S&P 500 rallies on extended ‘US economic exceptionalism’
All three major US benchmarks were higher as September’s jobs report far exceeded expectations. US 10-year yield spikes towards 4pc as rate cut bets reset.
Goldman lifts 12-month S&P 500 target to 6300
David Kostin’s optimism for US equities reflects a decision to revise significantly higher his expectation for corporate earnings growth in 2025.
‘An A+ jobs report’: Wall Street pares rate bets
September’s jobs data exceeded expectations, putting to bed talk of an imminent recession and leading to a rethink of how fast rates will drop.
Opinion
October 7 should be a day of reflection for Australia
An Israeli victory over Hamas and Hezbollah remains the best outcome for Israel, Palestine and for Australia’s national interests.
Editorial
Israel-Iran war would be a deadly mess for everyone
A true regional war could crack the global economy, kill tens of thousands of soldiers and civilians, wreak diplomatic chaos and draw Washington into something it very much wants to avoid.
Defence expert
October 7 changed what made Australia exceptional for Jewish Australians
There has never been any official discrimination against Jews in this country. This is what has made the last 12 months of unprecedented antisemitism so unsettling and disturbing.
Contributor
October 7 terrorist attack was an attempt to erase Israel
Calls for the annihilation of the sole Jewish state have long been made. The answer to this is that we are not going anywhere; Israel is our home.
Israeli Ambassador
China’s stock rally for the ages shows power of crowds
It could take months until we know the real economic impact of Beijing’s latest stimulus round. But markets are not hanging around to find out.
Contributor
Donald Trump’s secret sauce - he just gets very lucky
From The Apprentice to Hillary Clinton’s email scandal, something always seems to turn up for Trump. But every gambler knows his luck will run out.
US columnist
Politics
- Updated
- Israeli-Palestinian conflict
Pro-Palestine protesters defy police demands on Hezbollah imagery
Thousands of activists marched through the streets of Sydney and Melbourne, and are threatening to return on Monday, the anniversary of the October 7 attack.
PM warns of ‘cold shadow of antisemitism’ on October 7 anniversary
Anthony Albanese will attend a vigil in Melbourne on Monday; Peter Dutton will attend an event in Sydney; and Adam Bandt will be in his office.
Labor defector Payman’s political party launch days away
Sources familiar with Senator Payman’s thinking said Anthony Albanese’s threat of a double dissolution election meant she needed to move swiftly.
- Analysis
- Israeli-Palestinian conflict
How October 7 has changed the world and us
Hamas wanted to “change the equation” when it slaughtered 1200 Israelis on October 7. The terror group succeeded but perhaps not in ways it thought.
‘Line in the sand’: Premier urges social media ban
Any ban on young people using social media needs to be implemented as soon as possible, NSW Premier Chris Minns says.
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World
Thousands around the world protest war on eve of anniversary
About 40,000 pro-Palestinian demonstrators marched through central London while thousands gathered in Paris, Rome, Manila, Cape Town and New York City.
How Netanyahu is ‘running rings’ around Biden
The US president had hoped to disentangle from the Middle East. But widening turbulence in the region could influence the US election and define his legacy.
Unlike Australia, Europe clings to its hydrogen hopes
Even as Origin Energy and Fortescue pare back their hydrogen ambition, European investors and companies say the revolution is still on its way.
- Analysis
- US Votes 2024
Why next month’s US vote is the TikTok election
While Trump’s Twitter persona loomed large over 2016, and 2020 was dominated by the pandemic, Facebook and lockdown, 2024 is the TikTok election.
A month out, Harris and Trump campaigns brace for ‘trench warfare’
Top officials in both campaigns describe it as a grind-it-out race, where movements measured in a few thousand votes could sway the election outcome.
Property
- Exclusive
- Luxury property
Myer retail dynasty to sell second Toorak mansion
An arm of Melbourne’s famous retailing Myer family have listed their family home guiding between $22m after they recently listed their Cranlana compound.
Apartment repair laws create extra burden for owners
Tighter regulations on repairs are set to force owners of a four-apartment block to pay over $500,000 instead of $70,000.
Why nobody’s biting in these buyers’ markets
Buying conditions have dramatically improved, but buyers are shunning markets that are oversupplied with investor units from the last boom.
Why investors eye offices in Sydney, Brisbane – but not Melbourne
A pick-up in commercial transactions over the first three quarters points to a stronger year, but it’s not a uniform improvement.
A 62ha development site in Tweed Shire hits market with $182m hopes
The family-owned former fruit farm in part of northern NSW that has been rezoned for development is just a 13-minute drive from the Gold Coast.
Wealth
How the ATO caught taxpayers cheating on ‘lifestyle’ assets
The Tax Office has provided The Australian Financial Review with exclusive details about some recent investigations.
Tweaking the 3pc buffer rule misses the real problem with housing
Reducing the mortgage serviceability test would allow more borrowers into the market. But the test is only one part of a much gnarlier problem.
How to know if it’s time to sell shares
Sometimes it’s best to sell slowly; at other times quicker is better. Experts weigh in on how to know when it’s time to sell.
Technology
The Telegram billionaire, the yoga instructor and a very messy split
For almost a decade, Irina Bolgar and Pavel Durov enjoyed an extravagant lifestyle, funded by the messaging app. After his arrest, the dream is unravelling.
- Exclusive
- Funding
VC firm Antler exceeds target for second Australian fund
Global venture capital investor Antler has closed its second Australian fund, and plans to dramatically increase how much cash it gives to start-ups.
Local investment minnow snags spot in $9.6b OpenAI capital raise
The firm behind ChatGPT closed the largest private investment deal this week, giving it a valuation of $229 billion – on par with Goldman Sachs and Uber.
Work & Careers
The public institutions that have never been led by a woman
Leading executive women are calling for public institutions and government organisations to do better after the University of Melbourne appointed its first female vice chancellor.
- Exclusive
- Workplace
Return to work programs let talent shine, narrow gender pay gap
Jo Reardon says going back to banking after five years was daunting but a return to work scheme helped her thrive at the Commonwealth Bank.
Life & Luxury
How this company boss navigates style since becoming a parent
Glossier founder Emily Weiss loves brunch, Barbie and a Mediterranean island escape – and there’s one item she’ll never part with.
All the fabulous looks and fantasy of Paris Fashion Week
From bubble hems and beaded blouses to the return of the bumster, The Australian Financial Review’s fashion editor shares the highlights from the shows.
I’m 54 with a 35-year-old body. It all changed when I gave up drinking
As Sober October begins, one personal trainer explains how and why she quit alcohol – and the rewards reaped as a result.
Sacked orchestra chief may have to pay pianist $18k
Jayson Gillham is going after the Melbourne Symphony’s former managing director, and current COO, as part of his discrimination suit against the orchestra.
Can a Millennial overcome a mortal dread of cruising?
After 15 years of saying no to cruises, the time finally came to walk the gangway to meet those towel animals and other weird traditions.
