Today
Labor to spend $11.3b on social housing
The new package to be detailed in the budget aims to enable states and territories to combat homelessness and repair social housing.
- 42 mins ago
- Phillip Coorey
Chinese debt trap diplomacy blamed for grounding Vanuatu airline
Air Vanuatu has gone into voluntary liquidation, putting pressure on the Albanese government to bail out the national carrier.
- Andrew Tillett and Ayesha de Kretser
When business comes to dine: Fin Dining & Wine launches at Bennelong
The Financial Review’s first restaurant guide features 50 of the best business lunches across Australia, helmed by Jill Dupleix with wine tips from Max Allen.
- Matthew Drummond
Trade partners applaud gas certainty; trouble brews for Labor at home
Gas, not wishful thinking, is needed to get to net zero, says Anthony Albanese.
- Updated
- Phillip Coorey, Andrew Tillett and Jessica Sier
15 minutes to get around X’s stabbing video ban, court hears
Lawyers for the social network argued that they had complied with a government take-down notice, which they said was invalid, by blocking footage in Australia.
- Nick Bonyhady
Australia considers voting yes on Palestine’s UN bid
Penny Wong says abstaining is a common diplomatic practice, amid pressure to admit Palestine as a United Nations member.
- Andrew Tillett
High Court hands Labor rare win on immigration detention
Immigration Minister Andrew Giles welcomed the ruling in the case of the man known as ASF17, who says he would face persecution if he was sent back to Iran.
- Updated
- Tom McIlroy
- Updated
- Earnings season
Life360 reheats plans to target US investors with Nasdaq listing
The ASX-listed, San Francisco-based family-tracking app does not expect to raise more than $US100 million. It had considered a similar move in 2021.
- Updated
- Tess Bennett
‘Unprecedented’ migration blamed for jump in WA spending
Treasurer says the state government had been forced to spend more on education, housing and healthcare after 95,000 people moved to WA last year.
- Tom Rabe
Women’s basketball chases investors for $20m-plus slam dunk
The WNBL is for sale. It’s attracted interest from Aussie rich-listers to offshore funds.
- Updated
- Zoe Samios
Energy funding chopped under weight of Victoria’s debt
Experts say this week’s state budget shows the Victorian government has prioritised major transport projects over the energy transition.
- Gus McCubbing
- Analysis
- Federal budget
The budget that could be make or break for Labor
Jim Chalmers is gearing up for his third and most important budget. If he spends too much and stokes inflation, he knows he’ll own the next rate increase.
- Updated
- Phillip Coorey
- Analysis
- Immigration
No more gaming the system, says High Court
The High Court has sent a clear message: those “manipulating the system” won’t be rewarded with a get-out-of-detention free card.
- Michael Pelly
Inside Project Constantine, the plan to sell Perpetual
Soul Patts’ $3 billion offer for the asset manager set the stage for whirlwind negotiations and accelerated a sale that private equity firms had eyed for years.
- Aaron Weinman
- Exclusive
- Luxury property
Liberman family to sell $17m Toorak ‘treehouse’
A glass and steel modernist retreat designed by Robin Boyd has joined Toorak’s prestige market with a guide of $15.9 million to $17 million.
- Bonnie Campbell
Simon and Catriona Mordant shoot for record with $16m trophy weekender
The Sydney power couple have listed their Clareville waterfront, which is expected to reset the suburb record.
- Bonnie Campbell
- Exclusive
- Luxury property
AI pioneers pay $12.45m for harbourside penthouse
Appen founders Chris and Julie Vonwiller have joined a trend of “discerning down-sizers” seeking large apartments.
- Bonnie Campbell
This tree symbolises how Victoria became a financial basket case
After 300 years of withstanding the elements, the River Red Gum in Bulleen forced the North East Link to be redesigned as the cost of the project blows out by billions of dollars.
- Patrick Durkin
- Opinion
- Interest rates
RBA’s credibility at risk as central banks confront interference
Alleging neutrality while considering lifting rates seems contradictory.
- Christopher Joye
The world’s wiliest climate warrior? It’s not who you think
International Energy Agency boss Fatih Birol, a lifelong bureaucrat with roots in the oil industry, has made the net zero transition a personal mission.
- Hans van Leeuwen
