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    Brexit chaos

    This Month

    Australia

    Why Australia’s housing crisis has gone global

    Households are going backwards in 13 developed economies, including Australia, as record immigration runs into a housing crisis.

    • Updated
    • Randy Thanthong-Knight, Swati Pandey and Tom Rees
    Capify is saying goodbye to Goldman Sachs as its funder.

    ‘Twenty-five times salary’: Goldman scraps bonus cap for bankers

    Goldman will allow star traders and deal makers to earn up to 25 times their salary. The bank is trying to make London more attractive to top bankers after Brexit.

    • Eir Nolsoe and Michael Bow

    April

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    How long before the yen is again a safe-haven bet?

    If inflation remains positive and interest rates continue to rise, the yen is likely to eventually strengthen.

    • Shiro Armstrong

    December 2023

    Boris Johnson at the Business Person of the Year awards.

    Why Boris Johnson thinks a Trump win would be good for the world

    Former British PM talks about his biggest regret, political ghosts and a host of other topics at The Australian Financial Review Business Person of the Year event.

    • Jennifer Hewett
    The European Parliament in Brussels. The EU still often sets the regulatory pace even in sectors where its domestic industry is undersized.

    Brussels’ rule-setting for AI isn’t pretty, but someone’s got to do it

    The potential for AI to change economies and societies is unknown. Someone needs to be thinking methodically about how its power can be channelled for good.

    • Alan Beattie
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    November 2023

    Britain’s withdrawal from the EU increased the government’s ability to determine immigration levels.

    ‘Take drastic action’: Sunak under fire as immigration hits record

    The UK prime minister is facing mounting political pressure to cut Britain’s reliance on foreign workers after net immigration hit a record 745,000 last year.

    • Stephen Castle
    Rishi Sunak arriving for the annual Lord Mayor’s banquet in London on Monday night. It remains to be seen how committed he is to defying his right flank on policy issues like net zero, immigration and culture wars.

    Reshuffle shows Tories are running on empty

    Rishi Sunak has broken with hardliners and culture warriors who are alienating moderate Tory voters. But reaching into the past shows desperation.

    • Robert Shrimsley

    October 2023

    Indigenous leader Noel Pearson addressing a crowd of more than 3,000 in Parramatta to urge them to support the Voice.

    Only two things could get the Yes camp over the line

    Yes hasn’t led a major published opinion poll in more than three months, and for over a year, support for the Voice has declined at an accelerating rate.

    • Michael Turner

    September 2023

    Lachlan Murdoch’s succession may end a tumultuous 12 months for the family’s two companies.

    There may not be another mogul like Rupert plus nine more opinion reads

    Rupert Murdoch showed foresight in a tough industry, but intrigue surrounds the empire.

    Why are things so near impossible in Australia?

    I predicted Brexit. Here’s why the Voice is destined to lose.

    Winning and losing constitutional referendums is quite simple: if you are going to change the rule book, both sides of the game have to agree.

    • Matt Qvortrup

    August 2023

    Vivek Ramaswamy

    Trump’s running mate should be young, brown and rich

    Vivek Ramaswamy’s opposition to ESG policies and racial protections would endear him to conservative Christians wary of the former president.

    • Nigel Farage

    July 2023

    A lot on the line. Pat Cummins speaks to the media at Old Trafford on Tuesday.

    High stakes at rain-soaked Old Trafford

    As Australia and England prepare for the fourth Test in Manchester, no one can recall a series that has attracted as much interest or spite in recent Ashes history.

    • Updated
    • Andrew Clark
    Australia lost four wickets in the first session.

    It’s a thriller at Headingley

    Medium-fast bowler Stuart Broad’s lethal zinger in the first over was, for English fans, a dream start in a dramatic first day’s play in the Third Test.

    • Andrew Clark
    Uplifiting. Captain Pat Cummins celebrates Australia’s win in the second Test with son Albie.

    Boos and bad blood at Lord’s: the second Test had it all

    There was ill-feeling aplenty at the home of cricket, of all places, but Pat Cummins is emerging from it all as a fine Australian captain against England’s formidable Ben Stokes.

    • Updated
    • Andrew Clark

    June 2023

    Boris Johnson is an ‘optimistic narcissist’

    Britain’s former prime minister, who is leaving public life in disgrace, had no plan for power.

    • Andrew Marr
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    The Bank of England.

    Investors fear Britain’s flat-lining economy

    With inflation stubbornly high, interest rates are likely to go up even further. Some investors fear long-term stagnation.

    • Chris Giles and Delphine Strauss
    Boris Johnson’s resignation

    Boris Johnson’s shock exit reverberates through Tories

    The Conservatives, trailing badly in opinion polls, must now fight three byelections in constituencies vacated over the weekend.

    • Andy Bruce
    The controversies surrounding Crispin Odey and his removal are stark reminders of unforeseen risks investors face when they chase hedge funds built around big-name traders.

    Odey sacked from his hedge fund following sexual assault allegations

    ‘As from today, he will no longer have any economic or personal involvement in the partnership,’ the London-based firm said on Saturday in a statement.

    • Nishant Kumar
    Generative AI tools such as OpenAI’s ChatGPT could be a game-changer in many sectors.

    The poverty of AI pessimism should worry us all

    Spurning AI will rob the world of its best chances to reverse productivity declines, manage an ageing population, and head off new health threats.

    • Jim O'Neill
    Crispin Odey in 2019.

    How Crispin Odey evaded sexual assault allegations for decades

    Thirteen women have accused the hedge fund titan of harassment, abuse and fostering a toxic workplace.

    • Madison Marriage, Antonia Cundy and Paul Caruana Galizia