Today
Most FTX customers to get all their money back after catastrophic collapse
The collapsed cryptocurrency exchange says it will be able to pay off most of its investors - but the soaring price of bitcoin means they still lose.
- Michelle Chapman
Dutch pension fund giant puts $700m into Sydney build-to-rent start-up
Apt.Residential has won the backing of PGGM, which has committed $700m to the rollout of 2500 apartments.
- Larry Schlesinger
Yesterday
Reddit’s bright first earnings report sends shares soaring
Reddit’s IPO was one of the biggest in the US this year - and its first ever earnings report shows revenue increased 48 per cent.
- Aisha Counts
David Rowe cartoons for May 2024
David Rowe is a multiple Walkley award-winning cartoonist. He draws a daily political cartoon and one for the Chanticleer column.
- Updated
- David Rowe
Labor backs gas ‘to 2050 and beyond’
The government has shed its ambivalence towards gas and adopted a strategy that locks in its use for several more decades along with measures to promote carbon capture.
- Phillip Coorey
Transport costs up 10 per cent nationwide as petrol stokes inflation
The rising cost of diesel in the past three years has put a dent in Jesse Bradley’s removalist business based in Queensland.
- Gus McCubbing
Families expected to stash extra cash from tax cuts
Retailers hoping income tax cuts will lift sales of non-essential goods are likely to be disappointed.
- Michael Read
AFR to stop printing in WA after Seven’s ‘abuse of power’
Nine has been forced to pull its print editions of The Australian Financial Review from Perth after Seven West Media demanded double the cost of printing.
- Sam Buckingham-Jones
PSC strikes $2b sale to Ardonagh in insurance broker deal
PSC helps arrange cover for everything from cyber-hacks on businesses to accidents and agricultural enterprises.
- Updated
- Liam Walsh
Australian Unity, NorthWest seek to part ways; taps C&W for unit sale
Cushman & Wakefield has opened a two-stage data room and is engaging with a targeted list of investors including institutions and high-net-worths.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Whyalla steelworkers cop 30pc pay cut as furnace damage worsens
The major plant, owned by Sanjeev Gupta’s GFG Alliance, has not been producing for months. South Australian officials are seeking an “independent assessment”.
- Simon Evans
- Opinion
- The AFR View
The digital health black hole must be fixed
The Productivity Commission’s report on the failure of My Health Record should concern all Australians not only as taxpayers, but as consumers in an ageing society.
- The AFR View
Tim Gurner’s anti-ageing expert faces regulatory probe
The Rich Lister and long-life advocate’s research svengali has been served with an interim prohibition order.
- Mark Di Stefano
- Opinion
- The AFR View
No place for antisemitic incitement on campus
The protests that reduce the complex history of the Middle East to simplistic anti-Zionist slogans hardly align with universities’ founding institutional mission.
- The AFR View
Macquarie’s Tim Joyce puts annual conference to good use
There’s nothing like the annual Macquarie Australia conference to drive home the synergies available to the full-service investment bank.
- Updated
- Myriam Robin
Why $800,000 homes are in hot demand
Competitive pressure is building up in this segment of the market as investors and first-home buyers return in droves.
- Nila Sweeney
Pallas vows to prove rating agencies wrong
Treasurer Tim Pallas has fended off warnings Victoria could face a third credit rating downgrade since 2020.
- Gus McCubbing and Patrick Durkin
Daniel Besen’s mansion gets trunked
You might buy a $20 million trophy home with all the bells and whistles you can hope for. But who says someone won’t, one day, drop a tree on it.
- Myriam Robin
- Analysis
- China relations
Why Australia could benefit from engaging with China on clean energy
A new report provides the framework for a forward-looking Australia-China relationship, identifying vast potential for economic co-operation.
- James Curran
Government’s $91m tradie plan only ‘modest’ boost for home building
Australia’s target of 1.2 million new homes is a crisis of surging demand and a construction workforce facing its own demographic challenges.
- Updated
- Michael Bleby
