Today
Labor wiped out in Northern Territory electoral drubbing
Chief Minister Eva Lawler has lost her seat as the Country Liberal Party claimed victory in the top end.
- Tom McIlroy
Yesterday
Jackson Hole gathering reveals fresh concern for central bankers
Officials from three of the world’s major central banks have signalled they are on course to lower interest rates emerging weakness in labour markets and growth become the chief threat for policymakers.
- Steve Matthews, Mark Schroers and Jonnelle Marte
- Opinion
- Chanticleer
Rate cuts locked in, but be careful what you wish for
Jerome Powell gave the market the green light on rate cuts, and stocks rallied. But investors’ extreme positioning ignores an unpredictable market backdrop.
- James Thomson
S&P 500, $A, bitcoin rally after Powell cements rate pivot
US stocks were higher after the Federal Reserve boss said the time “has come” to cut interest rates. $A nears US68¢. Bitcoin tops $US64,000. Tesla, Nvidia pace tech.
- Updated
- Timothy Moore
Robert Kennedy Jr drops bid for presidency, backs Trump
Robert F. Kennedy Jr abandoned a campaign that he began as a Democrat trading on one of the most famous names in American politics.
- Ismail Shakil and Stephanie Kelly
What to expect from Apple’s product reveal next month
Apple is planning to hold its biggest product launch event of the year on September 10, when the company will unveil the latest iPhones, watches and AirPods.
- Mark Gurman
- Exclusive
- Superannuation
Keating warns on Labor’s $3m super tax
Jim Chalmers’ refusal to index the $3 million threshold for the tax hit has been described as “unconscionable” by Paul Keating in private talks with the industry.
- John Kehoe, Phillip Coorey and Hannah Wootton
Sledgehammer to crack a walnut: Why caps are not the fix for unis
Universities have plenty of problems, but plans to limit international students look like a political answer to a much more complex problem.
- Julie Hare
Native title stoush stands in the way of BHP’s SA copper dream
SA Supreme Court will next week hear a battle for control of the native title group that holds the key to BHP’s dream of expanding its Australian copper mines.
- Peter Ker
Former Nvidia bulls sell down ahead of next week’s result
The AI darling has consistently smashed analysts’ expectations, but some fund managers warn the days of massive beats could be over.
- Alex Gluyas
- Opinion
- Financial planning
This wealth book has great advice – so why do I dislike it?
Scott Galloway is a superstar when it comes to wealth creation. The problem is, he knows it.
- Andrew Hobbs
- Opinion
- SMSFs
Beware this easily overlooked pension rule with serious consequences
The ATO does not take kindly to SMSFs underpaying minimum pensions.
- Peter Burgess
Wall Street sees strong case for quarter-point cut
For the Federal Reserve to cut rates by 50 basis points, most economists and strategists think August’s jobs report will have to be a major disappointment.
- Timothy Moore
‘Time has come’: Powell says Fed must cut rates
Federal Reserve chairman Jerome Powell said “the direction of travel is clear” and markets leapt anticipating an interest rate cut next month.
- Updated
- Howard Schneider and Ann Saphir
Final body recovered from sunken superyacht off Sicily
Hannah Lynch, the teenage daughter of British IT tycoon Mike Lynch, was the last person unaccounted for after her family’s superyacht sank four days ago.
This Month
Jake Sullivan to make first China visit as US national security adviser
The national security adviser’s visit is part of a broader effort to stabilise the relationship between the two superpowers.
- Demetri Sevastopulo and Joe Leahy
- Analysis
- Building Bad
CFMEU’s administration orders biggest event in construction since 1986
Many industry leaders believe the CFMEU being out into administration has the potential to radically reshape the construction industry.
- David Marin-Guzman
- Opinion
- The AFR View
Harris and Trump policies will only do more economic harm
Both US presidential candidates are offering counter-productive or fringe economic policies. That is bad for the US and the world.
- The AFR View
Union boss, husband accused of pocketing cash in $2.7m scheme
The Fair Work Commission launched legal action against Health Workers Union boss Diana Asmar, her husband and other officials in her branch.
- David Marin-Guzman and Kieran Rooney
CFMEU fights back against administration
The union is outraged over the dramatic move to force it into administration, with delegates organising walk-outs and some officials refusing to step aside.
- Updated
- David Marin-Guzman