Latest
Conflict concerns at Kean advising government and rich investors
Former NSW treasurer Matt Kean has defended taking dual roles as a federal government climate change adviser and at a private green investment fund led by a former Macquarie banker.
- 59 mins ago
- John Kehoe
Stop telling us what to do with interest rates: RBA deputy
Commentators telling the RBA to cut or raise rates are “false prophets” who could cause damage with their poor predictions, deputy governor Andrew Hauser warns.
- 1 hr ago
- Michael Read
- Exclusive
- International affairs
When Keating went to war with the White House
Secret cables reveal for the first time how Keating’s right-hand man and a senior White House official engaged in an extraordinary war of words in 1992, sometimes in personal terms.
- James Curran
BHP, Rio and Qantas back $250m carbon fund to beef up emission offsets
The fund is being run by Silva Capital, itself a joint venture of agriculture-focused private capital investor ROC Capital and C6 Investment Management.
- Ben Potter
‘Heartbreaking’: Melbourne stores bite the dust as workers stay home
Small-business owner Chelsea McIntosh has been forced to close down six out of seven gift shops she ran in Melbourne’s CBD as the retail sector has been rattled.
- Gus McCubbing
RBA to cut rates three times next year
Economists expect the Reserve Bank of Australia will deliver its first post-pandemic interest rate cut in February 2025.
- Michael Read
Opinion & Analysis
We need overriding public interest test to break approval logjam
Australia has to look at the global impacts of green projects, not just local ones. The alternative might be stagnation, or worse.
Former Chief Scientist
High-level dialogue shows China chill is ending
The resumed annual face-to-face meeting of government and industry has been crucial to stabilising the relationship.
Former Labor minister and economist
Central banks need true transparency not fake consensus
The Bank of England isn’t afraid to advertise its differences. That is better for creating trust than the obsession with a united front at the US Fed.
Global financial commentator
Washington can be a prickly and insecure great power ally
The Russell-Zoellick correspondence reveals an Australian government not afraid to talk truth to American power, an art largely lost over recent years.
International editor
More From Today
- Opinion
- Energy transition
We need overriding public interest test to break approval logjam
Australia has to look at the global impacts of green projects, not just local ones. The alternative might be stagnation, or worse.
- 9 mins ago
- Alan Finkel
- Opinion
- China relations
High-level dialogue shows China chill is ending
The resumed annual face-to-face meeting of government and industry has been crucial to stabilising the relationship.
- 1 hr ago
- Craig Emerson
- Opinion
- Monetary policy
Central banks need true transparency not fake consensus
The Bank of England isn’t afraid to advertise its differences. That is better for creating trust than the obsession with a united front at the US Fed.
- Mohamed El-Erian
- Analysis
- International affairs
Washington can be a prickly and insecure great power ally
The Russell-Zoellick correspondence reveals an Australian government not afraid to talk truth to American power, an art largely lost over recent years.
- James Curran
- Opinion
- Energy transition
Cheap, fast and low-risk climate action opportunities
The core principles that drive good investment are also at play in climate change. Climate Ltd should think about diversifying its emission reduction bets.
- Kate Howitt and Gates Moss
Yesterday
- Opinion
- Superannuation
This $300b super fund is making a monster move to stocks
Australian Retirement Trust has decided that a big chunk of its members will do a lot better with their pension nest egg invested in riskier assets.
- Jonathan Shapiro
PM’s election slogan must be: Get productivity moving again
Readers’ letters on productivity; Labor’s Future Made in Australia policy; the Qantas board; the passing of Orica, Woodside director Gene Tilbrook; and Olympic breaking.
- Opinion
- AUKUS
Albanese is losing the AUKUS debate
The government is prioritising platitudes over substance as critics question the $368 billion nuclear submarine project.
- James Curran
- Opinion
- Interest rates
Reserve Bank has finally taken the inflation crisis seriously
The consumer price index reading gave the RBA an out. Instead, governor Michele Bullock’s tough talk dumped cold water on a rate cut any time soon.
- Steven Hamilton
This Month
- Opinion
- The AFR View
Australia has its own secret Olympic recipe
The point can be stretched too far, but there is a line from our sporting success to our economic, social and cultural success.
- The AFR View
- Opinion
- Australian economy
Can our prosperity survive a year of political madness?
Public policy is now swinging in the populist wind. And it’s hard to imagine the election of a government that can rationally take back control of it all.
- Michael Stutchbury
- Analysis
- Interest rates
‘Hottest ticket since Cold Chisel’: Bullock returns home to Armidale
The RBA governor’s formative years helped make the country’s most high-profile economist a ‘tough’ leader.
- John Kehoe
- Opinion
- US recession
The Reserve Bank of Australia’s credibility is shot
The central bank’s hawkish pivot has no credibility given it is not willing to do the bare minimum and raise interest rates in line with global peers.
- Christopher Joye
- Sponsored
- Schneider Electric
Corporate heavyweights fear nation falling behind on climate
Leaders across the nation’s largest industries are increasingly concerned that Australia is falling behind in the global race to address climate change.
Sponsored
by Schneider Electric
‘I’ve had a gutful’ of factional squabbles: SA Liberal leader quits
The leader of the Liberal Party in South Australia, David Speirs, has angrily criticised internal factional squabbles as he resigned
- Simon Evans
- Opinion
- Australian economy
RBA returns serve on inflation
The RBA’s take down of government spending is reverberating loudly in Canberra and can only undermine Labor’s key argument that its fiscal policy complements monetary policy.
- Jennifer Hewett
- Opinion
- Defence
Next AUSMIN needs to turn alignment into outcomes
This year’s ministerial consultations moved away from defence announcements. But progress on many key initiatives is yet to deliver tangible results.
- Jennifer Parker
Rising costs hit Mirvac margins, new homes
Property developer Mirvac blamed the steep rise in labour and material costs for halving its profit margins on some residential projects, triggering a 13 per cent fall in operating earnings this year.
- Michael Read and Nick Lenaghan
- Updated
- Interest rates
Chalmers’ rebates not helping inflation, RBA warns
Federal and state government energy bill subsidies will not help get inflation under control, and big-spending public sector budgets are making it worse, the bank says.
- Michael Read