- Opinion
- Chanticleer
Dimon and Dalio look past rates to a ‘ticking time bomb’
While everyone is predicting rate cuts, Jamie Dimon and Ray Dalio remain worried that rates will need to go up and one big inflationary force keeps building.
Former Melbourne Rebels directors sue Rugby Australia for $30m
The court case comes five months after former Qantas chairman Leigh Clifford declared war against the governing body.
Richard White allegedly asked lawyer to break off billionaire’s affair
Letters filed with the Federal Court in an unrelated bankruptcy claim show his solicitor told Linda Rogan his client had made “alternative arrangements”.
- Live
- Markets Live
ASX trims gains as miners sink; China CSI 300 extends losses
Shares pared earlier gains as commodity stocks weigh; Oil falls sharply; RBNZ slashes its key rate to 4.75 per cent. Follow updates here.
Lendlease signs Japanese partner for $500m build-to-rent tower
Lendlease is pairing Australia’s housing development demand with the investment needs of companies like Nippon Steel Kowa Real Estate to back its own turnaround.
Albanese likens China talks to US-Soviet Cold War ties
Anthony Albanese is heading to the ASEAN summit for two days of talks with regional leaders where security will be a top priority.
- Live
- Need to Know
Payman says ‘cry for change’ drove her to create new party
Fatima Payman says her party will be “fairer and more inclusive”; Gas project matter of economic survival for Timor-Leste. How the day unfolded.
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.
MIDDLE EAST CONFLICT
Israeli PM warns Lebanon to step back from ‘abyss’
Benjamin Netanyahu’s words came as he sent a fourth army division in and airstrikes killed another Hezbollah leader.
Why I still believe in a new golden age for the Middle East
For the region to flourish, the Iranian regime’s network of terror must be dismantled, root and branch.
Rancour over Israel reaches new low
Amid angry scenes, the Coalition and Labor have failed to agree on a resolution to mark the first anniversary of the October 7 terrorist attacks against Israel.
Israeli ground invasion reopens old wounds in battered south Lebanon
Escalation in Israel’s campaign against Hezbollah revives memories of the displacement and occupation of the past.
- Opinion
- Middle East conflict
This is the only way Iran’s regime can topple
Military intervention from Israel or the United States is unlikely to bring about the fall of the Islamic republic.
Companies
- Analysis
- Media & marketing
Nine mulls adding advertising to Stan in search for new revenue
Streaming platforms like Netflix and Amazon Prime Video were once entirely commercial-free. Now almost all services have a cheaper ad-backed plan.
VC deep freeze still manages to outrun IPO market
The IPO drought has forced venture capital investors to search for different ways to realise profits from long-held investments.
- Updated
- Courts
Richard White’s alleged lover claims he expected sex for investment
In documents filed with the Federal Court, the wellness entrepreneur said a business trip to New York changed when the billionaire booked only one hotel room.
- Exclusive
- Iron ore
Rinehart slashes plans for next big mine as ESG factors hit
The billionaire businesswoman has dramatically scaled back the proposed Mulga Downs iron ore project by 40 per cent to overcome environmental concerns.
Cashed-up NSW coal power owner jilted by banks
Sev.en Global’s Delta has requested an urgent change to the rules for the electricity market after being unable to extend a bank guarantee because of its coal links.
Negative gearing changes would be a drag on bank stocks: analysts
Citi examined restrictions on housing investor tax settings in New Zealand, and Australia in the 1980s, and found they helped rents go up.
Super Retail asks for Harmers to be ousted from termination suit
Harmers Workplace Lawyers is estimated to be charging $1 million for advice to its two female clients suing the retailer over unfair dismissal.
Companies in the News
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Markets
China disappoints with latest stimulus plan
The government had raised hopes of more fiscal pump-priming of the economy after the central bank’s earlier interest-rate relief and liquidity measures.
What happened overnight? Nvidia powers Wall Street higher as megacap techs rally
The Nasdaq paced gains in New York as the magnificent seven caught a fresh wave of AI enthusiasm. All three US benchmarks closed higher on the day.
Iron ore, stocks suffer brutal reversal as China hopes dashed
Chinese officials fell well short of the multitrillion-yuan stimulus package predicted by some analysts, wrong-footing bullish commodity and equity markets.
Iron ore to hit $US120 if China ramps up stimulus
Citi believes iron ore and base metals are set to rally if China delivers a whopping 10 trillion yuan ($2.1 trillion) stimulus package that the market had been pricing in.
RBA concedes $188b in cheap loans may have gone too far
The losses on the loans forced the RBA to suspend paying multibillion-dollar annual dividends to the government and plunged its balance sheet into negative equity.
Opinion
Why Kamala Harris is not playing up her gender
Unlike Hillary Clinton, the Democratic candidate does not intend to attract votes for the ground-breaking achievement of becoming the first female US president, writes Jennifer Hewett.
Columnist
Why I still believe in a new golden age for the Middle East
For the region to flourish, the Iranian regime’s network of terror must be dismantled, root and branch.
Digital marketing strategist
Why private markets will always need public ones
Private markets need listed markets to price their assets and provide an exit, but public markets need to curb the inane social pre-occupations.
Investor
The government has little to show on economic reform
The Albanese government has added to public spending and put in place no productivity enhancing policies to help.
Editorial
Why Australian miners are feeling anxious
The market and the miners were primed for good news from Beijing but they didn’t get it. Now it’s back to basics – or bids like Rio Tinto’s for Arcadium.
Columnist
The unresolved tension at the core of Australia’s strategic policy
Australia wants to constrain China, but without tying itself to America’s own ambitions and all that might mean.
Contributor
Reports
BOSS Most Innovative Companies
The Most Innovative Companies List recognises and celebrates those businesses that are shaking up their industries with genuine game-changing innovations.
Sponsored
by AirwallexPolitics
‘No excuse’: ASIC seeks $27m fine against super giant for customer care fail
The corporate watchdog asked the Federal Court for a penalty with “real sting and burden” against AustralianSuper as a warning to the wider sector.
- Exclusive
- International students
Labor education heavyweight says student cap plan is ‘bad policy’
The comments from former higher education minister Kim Carr came as the central bank warned a limit on enrolments would hit exports but may not lower inflation.
We can win majority, Albanese assures Labor MPs
The prime minister used a closed-door meeting of Labor’s caucus to promise a major second-term agenda, including action on childcare.
- Analysis
- Middle East conflict
Government caught in a conflict over which it has no control
Attacked by the Greens, Arabs and Iranians on one side, and the Coalition and the Jews on the other, Labor MPs feel they can’t win.
What Tony Abbott taught Liz Truss about handling illegal immigrants
Attempts by the previous British government to thwart people smuggling by deporting illegal immigrants to Rwanda was based on advice by Tony Abbott
SPONSORED
World
Israeli PM warns Lebanon to step back from ‘abyss’
Benjamin Netanyahu’s words came as he sent a fourth army division in and airstrikes killed another Hezbollah leader.
Unprecedented move: Aussie super funds press for reform in UK
IFM and six leading super funds are publicly pushing the Starmer government for reforms to help unblock the UK’s sluggish pipeline of infrastructure deals.
Mass evacuations as monster hurricane barrels towards Florida
Milton, one of the most intense Atlantic hurricanes on record, is threatening a stretch of Florida’s densely populated west coast still reeling from Helene.
- Opinion
- US Votes 2024
Hurricane Musk could prove Trump’s greatest asset
It does not matter whether he is driven by pique or by his thirst for tax cuts. The Tesla CEO and X owner is a powerful ally, writes Edward Luce.
Jamie Dimon urges private sector cabinet for US election winner
Unlike many other billionaires, the JPMorgan CEO has refused to endorse either Donald Trump or Kamala Harris in one of the closest elections in living memory.
Property
- Exclusive
- Hotels
Fund manager buys coastal hotels with Rick Stein eateries
Salter Brothers has purchased three Bannisters hotels in Mollymook and Port Stephens that are home to the celebrity UK chef’s famous seafood restaurants.
Singapore ends 181 years of horse racing to make way for homes
Horse racing on the island has always had to contend with the need for land.
Plan to save Frank Lloyd Wright’s only skyscraper isn’t going well
Once a buzzy hub of business life, and briefly occupied by Phillips Petroleum, the 19-storey tower has struggled for many years to find an anchor tenant.
Japan’s window to buy Australian home builders closing
There’s a transformation taking place in Australia’s home-building sector as Japan’s largest property companies expand. But there’s a time limit on it.
Newer apartment prices to climb by 23 per cent by 2026
Lower interest rates, strong demand and supply shortage will fuel a rebound in apartment values, according to CBRE.
Wealth
- Opinion
- Investing
Don’t let politics get in the way of a good return
With the US presidential election less than a month away should investors be concerned about the impact on sharemarkets?
Earning good money but saving nothing? Here’s what to do
No matter how much you earn, good budgeting is the foundation of financial success.
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.
Technology
- Analysis
- Phones
Did Apple just kill social apps?
The drama demonstrates how powerful gatekeepers like Apple have become and how even minor changes to Apple’s products can create dramatic ripple effects in the rest of the tech industry.
Inside the bro-ification of Mark Zuckerberg
The Meta founder has quietly remade his public image, attracting the same generation of start-up guys who once idolised Elon Musk.
US judge orders sweeping changes to Google’s Android app store
As punishment, Epic had asked the court to mandate changes that would let businesses largely bypass Google’s app store to distribute their Android apps.
Work & Careers
The Aussie who helped discover how to weigh the universe
World renowned astrophysicist Professor Matthew Bailes has won the 2024 Prime Minister’s Prize for Science.
‘No excuse’: Drunk worker fired for Qantas Lounge sex harassment
The fly-in fly-out worker had her unfair dismissal claim rejected, including that placing her head in a co-worker’s lap was “the usual inconvenience of public travel”.
Life & Luxury
At these ultra-luxe Maldives resorts, you could be in for a surprise
Take up the alternative medical therapies or snorkel in transparent water with boundless reef fish. Each has its own wow factor.
Are plant burgers better than beef? Here’s how to decide
Are burgers made from plants really better for you than real beef burgers? Scientists have found that in most cases, plant-based meat substitutes can improve your health.
What’s behind our obsession with wellness?
From ice baths and breathwork classes to turmeric lattes and green juice, wellness has become a cultural obsession and a trillion-dollar industry.
- Driving With Tony Davis
- Motoring
Wellness on wheels: the cars that read your mood
Expect a massage, soothing music, pleasant fragrances and comforting colours while you drive. If you nod off, these cars have your back.
This sleekly designed Swiss Alps hotel is guaranteed to refresh you
At 7132 Hotel in Vals, Switzerland, healing thermal waters bubble below while star architecture rises above.
