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  • 网站标题:The Australian Financial Review
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    Former prime minister Scott Morrison outside Parliament House in his final week in office.

    Former prime minister Scott Morrison awarded nation’s top gong

    Scott Morrison was awarded the nation’s highest honour for his leadership during the pandemic, a year after the appointment of two COVID-era premiers prompted backlash.

    Head of research at MS Australia Dr Julia Morahan.

    ‘Devastating’: Trump’s Harvard funding freeze hits Australian research

    Trump’s war on Harvard will upend medical research into multiple sclerosis by the global community that includes Australia.

    National Guard are deployed around downtown Los Angeles.

    National Guard faces off with protesters after arriving in Los Angeles

    The deployment came over the objections of Governor Gavin Newsom, who accused President Donald Trump of a “complete overreaction” designed to create a spectacle.

    Israel warns ‘anti-Semitic Greta’ Thunberg she won’t make it to Gaza

    Scott Morrison has been named to the King’s Birthday honour’s list while protesters have clashed with United States National Guard in California. Follow live updates here.

    Executives converge on Washington to halt Trump’s foreign investment tax

    A provision in the budget bill would allow the US to impose additional taxes on companies and investors from countries that it deems to have punitive tax policies.

    Long weekend holiday hiccup for housing market recovery

    The clearance rate fell to its lowest so far this year as buyers and sellers took a break. But momentum is expected to return with another rate cut tipped.

    ‘Not about being dishonest’: D’Ambrosio says grid bill still unknown

    Victorian Energy Minister Lily D’Ambrosio says cost of the multibillion-dollar renewable energy plan will be known only when all contracts are signed over the years.

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    weekend reads

    US President Donald Trump said he spoke with Russia’s Vladimir Putin for an hour and 15 minutes on Wednesday.

    ‘Trump is terrified of Putin. I’ve seen it first-hand’

    The US president’s former Russia tsar believes World War III is upon us as the White House struggles to secure peace with the Kremlin.

    Influential or ‘enfeebled’: Has Treasury lost its mojo?

    With high government spending, low productivity, and no tax reform in 25 years, an uncomfortable question is being whispered in Canberra.

    One of the richest casino billionaires is camping out in Sydney

    Martin Moshal is a hard man to track down. But documents show the Sydneysider is connected to an enormous investment portfolio around the world.

    ‘Bunch of losers’: What Victorian Liberals think about their party

    The chasm inside the Victorian Liberal Party has grown so big, some fear a one-party state will emerge from all the chaos.

    ‘We didn’t have a hope in hell’: KWM’s cautionary China tale

    A corrupt wind farm deal in Montenegro, a controversial Russian legal conference and the financial problems of one of its most senior executives have thrown the spotlight on the Sino-Australian law firm.

    smart investor

    sdfaf

    How the $3m super tax will change SMSFs forever

    The tax and investment playbook developed for big balance SMSFs over the past 25 years is about to be ripped up. Here’s what might change.

    A photograph of Amanda Tomsic at her home. She is pictured on the couch, smiling at the camera.

    I found love (again) at 57. Here’s how I protected my finances

    “Mama bear mode” helped Amanda Tomsic protect her finances when she re-partnered later in life. Here are seven other steps you can take.

    Changed economic conditions mean portfolio tweaks may be warranted.

    Why European stocks deserve a place in your 60/40 portfolio

    Investing can be a rough ride but analysis of 30 years of data shows the 60/40 portfolio is still the best option – with a few tweaks.

    Costly tax traps for dual Australia-US citizens

    Most American citizens working Down Under never have to pay tax in the United States, but they can face big penalties for failing to file a US tax return each year.

    How can my SMSF qualify as a ‘sophisticated’ investor?

    Consumer protections are far greater for retail investment products than those sold to wholesale investors.

    Companies

    Aware Super CEO Deanne Stewart.

    ‘I was the only non-billionaire in the room’

    Aware Super’s Deanne Stewart, a leading voice for a sector using its increasing political, social and investment clout, on why she wants to be a force for good, and what it was like meeting King Charles.

    FIFO workers arrive home at Perth Airport after finishing their ‘swing’ at a mining site.

    Lavish food and luxury? FIFO workers just want a good night’s sleep

    That’s the finding of the most comprehensive study of workers in mining camps, which researchers hope will help resources giants keep staff happy.

    Rio Tinto’s departing CEO rejects talk of rift with chairman

    Jakob Stausholm says he and chairman Dominic Barton agreed it was the right time to plan for a leadership transition.

    Some investors say CBA’s operational consistency and dominant position in both retail and business banking justify the valuation.

    Texan giant’s $1b buy order pumps up CBA’s share price

    A bulky order for the bank’s stock over the past fortnight has helped the country’s biggest lender pass $300 billion market capitalisation.

    Rio Tinto’s $20b Pilbara investment wave is just getting started

    Even with Australia’s higher labour costs and new industrial relations laws, the Pilbara is likely to remain the lowest cost source of new iron ore at scale.

    Mongolia forces Rio Tinto into major engineering change

    The toxic relationship between Rio Tinto and Mongolia is affecting the daily operation of the Oyu Tolgoi mine after government delays forced a mine plan change.

    Virgin chief in line for $10m windfall after ASX float

    The airline’s prospectus also outlines the big payments each of the other executives are expecting if the company’s share price remains above the IPO price.

    Markets

    Phil Ryan, Dairy Farmer in Bega.

    Inside the great decline of Australia’s dairy industry

    Local dairy farmers are facing another season of low milk prices, leaving many farms unprofitable as they also grapple with extreme weather and surging costs.

    Stackers at the Fortescue facility at Port Hedland. The market expects earnings growth to return to the resources sector, helping keep the ASX at record levels.

    Investors expect rebound in mining earnings to keep ASX at record

    After a difficult year, hurt by weakness in the Chinese economy and volatile commodity prices, the market has miners at the centre of hopes for a good year.

    Wall Street views on how much Fed easing is likely to occur this year range from none to as much as 100 basis points. The most common forecast is for just one cut, in either September or December.

    Traders reel in bets on US interest rate cuts, bonds sold off

    Yields lifted across maturities by as much as 10 basis points, led by shorter-dated tenors more sensitive to US Federal Reserve monetary policy changes.

    Wall St rallies as jobs data eases outlook worries for now

    All three major US equity benchmarks were higher after a report signalled labour market resiliency despite the Trump administration’s chaotic trade moves.

    The market is more bullish on CBA than Nvidia

    It seems nothing can stop CBA’s extraordinary share price rally, which is now threatening to eclipse the magnificent seven tech stocks.

    Opinion

    Albanese has one weapon in tariff talks: the periodic table

    Convincing Trump that Australia can guarantee a reliable supply of critical minerals remains Albanese’s best option of securing a tariff exemption.

    Phillip Coorey

    Political editor

    Phillip Coorey

    Musk-Trump fissure raises prospect of higher rates

    The breakdown in relations between the US president and the world’s richest person could push long-term interest rates a lot higher.

    The enduring legacy of the late Stanley Fischer, a giant of macroeconomics

    Stan was at the IMF during the Asian Financial Crisis and played the leading role in formulating the IMF’s response to the crisis.

    Guy Debelle

    Former RBA deputy governor

    Guy Debelle

    The Liberal Party needs to listen to its grassroots

    The party is run by powerbrokers and their foot soldiers, organised around individuals and shifting backroom deals with little interest in ideas or principles.

    Nyunggai Warren Mundine

    Businessman and Indigenous advocate

    Nyunggai Warren Mundine

    Australia and Chile have more in common than you probably think

    The two countries have many similarities as mining-based economies dependent on China as their major trading partner. But the relationship goes deeper.

    Three reasons why Labor’s housing policy won’t revive the Australian dream

    Labor faces two key tests: Can it build new houses? And can it facilitate more Australians to become first-home owners?

    Andrew Bragg

    Liberal Senator

    Andrew Bragg

    Reports

    AI Awards

    The AI Awards celebrate groundbreaking achievements in artificial intelligence, and the innovators and leaders who are shaping the future.

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    Politics

    Donald Trump and Anthony Albanese.

    ‘No justification’: Farrell seeks tariff breakthrough

    Australia will keep pressuring to remove levies imposed by Donald Trump ahead of a likely meeting between Anthony Albanese and the US president.

    Housing Minister Clare O’Neil on Friday.

    O’Neil declares war on red tape to fix housing crisis

    The housing minister says over-regulation is hampering construction, with average build times blowing out to 10 months for a house and 28 months for an apartment.

    Australian banks dominate the ASX.

    Why we shouldn’t celebrate Commonwealth Bank’s $300b value

    Five of the 10 most valuable companies on the ASX are banks. That says something about Australia’s productivity and dynamism – and it’s not good.

    Glebe Island housing plan risks freight cost blowout

    As the NSW government considers moving Bays Port for housing, a freight review has warned the prime real estate will come at a cost.

    Victoria to spend $81m on advisers. Eslake says he’ll do it for free

    Victorian Treasurer Jaclyn Symes has set aside more than $81 million for economic and policy advice this year. Economist Saul Eslake says she could’ve given him a call.

    SPONSORED

    World

    Climate activist Greta Thunberg talks to the media ahead of setting sail for Gaza.

    Israel vows to stop aid ship with Greta Thunberg aboard

    The civilian ship, called the Madleen, is operating under the auspices of the Freedom Flotilla Coalition, an international grassroots campaign.

    Elon Musk and Donald Trump at a January pre-inauguration event.

    Elon Musk and Donald Trump are splitsville, until they aren’t

    The pair did not have a feud five days ago and might not have a feud five days from now. Until proved otherwise, all of this is theatre.

    President Donald Trump speaks to reporters on board Air Force One.

    Trump threatens Musk with 'very serious consequences’

    The US president also said his relationship with the billionaire was likely beyond repair after their spectacular spar on social media this week.

    What Stephen King really thinks about movie adaptations of his books

    The prolific writer is also a movie buff. But he has learnt to keep his mouth shut if he doesn’t like a film version of one of his books – most of the time.

    Economists as confused as Trump about taxing the rich

    Forget technocracy. The top rate is set by gut instinct. Economists are more comfortable talking about efficiency than redistribution.

    Property

    Mystery buyer of $20m Vaucluse mansion revealed

    Harry Triguboff’s granddaughter Miki Hendler and her pub baron husband, Elliot Solomon, have landed in Sydney’s affluent eastern suburbs.

    Rest Super joins legal stoush over Melbourne Airport

    The fund says its 2 million members should not lose their investment in the Melbourne and Launceston airports because of a legal battle between Dexus and its co-investors.

    Initially controversial, now beloved: Adelaide Oval’s major refurbishment completed in 2014 cost some $75 million more than the official $535 million price tag.

    ‘Like Sydney without an Opera House’: Why people whinge about stadiums

    People love to complain about new stadiums. The cost, the noise, the politics. Until kick-off, when all is forgiven.

    Waislitz-Pratt court feud spells end to once amicable divorce

    Alex Waislitz is not only up against his fiancee’s sister in court; now he is also battling his ex-wife Heloise Pratt.

    This architect is building for himself – at a quarter of the cost

    Luigi Rosselli is the designer of one of Sydney’s most controversial homes, but for his own investment, he’s using a novel material to build on the cheap.

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    Wealth

    The surge in Commonwealth Bank shares plays a significant role for the “inheritocracy”.

    Just one stock made me a member of the inheritocracy

    The surge in Commonwealth Bank shares since they listed has given me a huge financial problem, but it is one I am very happy to have.

    How can my SMSF qualify as a ‘sophisticated’ investor?

    Consumer protections are far greater for retail investment products than those sold to wholesale investors.

    Annie Cannon-Brookes steps out on her own

    A dinner conversation with famous chef Stephanie Alexander prompted one of Australia’s richest women to make a multimillion-dollar donation.

    Technology

    Steve Jobs and Bill Atkinson (right) brought the Macintosh to life.

    Bill Atkinson, who made computers easier to use, dies at 74

    A designer for Apple, he created software that made it possible to display shapes, images and text on the screen and present a simulated “desktop”.

    Apocalypse or four-day week? What AI might mean for you

    If you’re “AGI-pilled” and you believe AI will soon surpass humans, you’re probably worried about your job. But insiders reckon that might be the least of our problems.

    A summary of the inquiry, the reporter’s name and deadline must be provided for the centralised spreadsheet.

    Qld finally reveals its position on $1b quantum deal

    The Liberal-National Party was scathing of the deal when in opposition and kicked off a review into its legitimacy within days of coming into office late last year. 

    Work & Careers

    Make sure you’re using the AI, rather than it using you

    How to make sure you’re using the AI, rather than the AI using you.

    New MP Mary Aldred urges business to help women into the Liberals

    The new Liberal member for the Victorian seat of Monash says employers need to take a bigger role in boosting women into their ranks.

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    Life & Luxury

    A grand ball in the Hall of Mirrors

    The cruise that gets you a private night at Versailles

    Going into rococo mode, Silversea takes over the famed palace to treat world cruisers to a private party Marie Antoinette would be proud of.

    Pianist Jayson Gillham.

    Pianist furore leads to record losses for Melbourne Symphony

    The discrimination suit bought by pianist Jayson Gillham after he was cancelled over pro-Palestinian comments helped inflict a record $3.3 million deficit on the orchestra in 2024.

    Mt Hotham’s Pup’s Playground is set to open on Saturday as forecasters predict big dumps of snow.

    Snow, polar winds in store for the long weekend

    An icy blast coincides with the official start of the ski season, although wet and windy conditions may make it unpleasant on the slopes.

    Katrina Burchell was taking vitamin B12 supplements, but that wasn’t enough.

    ‘I thought my brain fog was dementia, but it was a vitamin deficiency’

    When solicitor Katrina Burchell was commuting, she got on the wrong train – for the third night in a row. It was the start of a journey that made her a CEO.

    Bacchanalian jugs and eco-blankets to make your home cosy

    Plus a Merlot-coloured two piece, a Chanel face spritz and a checked travel bag.

    From the gallery