Federal Treasurer Josh Frydenberg said a $424 billion war chest of private savings was available to prop up the economic recovery as his NSW Liberal counterpart chided Canberra for not providing more handouts.
Why Lowe will steer clear of Powell’s ‘nimble’ promise
Frydenberg aiming for his own grand slam
RBA’s forecast may put jobless rate at a 48-year low
- Opinion
World’s hottest commodity market heads for ASX listing
The rise of net zero promises has fuelled the growth of ESG unicorn Xpansiv, which runs the world’s biggest carbon credit market. Now it’s heading for the ASX.
How India helped this fundie return 52pc last year
Mugunthan Siva has been running the India Avenue fund since 2016, and has learned a thing or two about spruiking the India story to Australian investors in that time.
ASX to slip, focus shifts to RBA policy meeting
Australian shares are poised to slip at the open though Wall Street’s powerful tech-led rally could foreshadow a positive turn later in the session.
Richard Goyder is leaving Perth ‘indefinitely’
One of WA’s most prominent business leaders is on the move, joining a growing list of executives packing their bags for the east coast.
- Exclusive
South Australia’s new ‘gold’ rush is hydrogen
Entrepreneurs have jumped on acreage that could hold natural sinks of hydrogen below the earth’s surface, with no need for manufacturing.
- Exclusive
Tinkler claims ex-lieutenant took confidential information to rival
A company linked to Nathan Tinkler alleges an executive used confidential information to help a rival miner snatch the lucrative Mount Pleasant mine coal mine.
The rich and the mighty at the Barty Party
- Exclusive
How Aussie start-up Continu helps Airbnb and Slack train their staff
- Opinion
The bad news about the market’s safe haven
Why this CEO talks about his impoverished childhood
Need to know: The biggest stories in business, markets and politics, and why they matter. In your inbox daily at 8pm.
Street Talk
RBC seeks buyer for student payments platform Cohort Go
Energy One to pay $36m for Adelaide’s CQ Energy
Goldman Sachs lures Aussies for Kiwi Wealth review
Chanticleer
The bad news about the market’s safe haven
World’s hottest commodity market heads for ASX listing
Dud deal costs oil industry $3.4b
WHAT SUBSCRIBERS ARE READING
The secret story behind Ash Barty’s primal scream
Two years ago, Brexit was a done deal. Except it wasn’t
There are four things to suggest Russia won’t invade Ukraine
Rates on the rise
- Opinion
Why Lowe will steer clear of Powell’s ‘nimble’ promise
Global equity markets dropped sharply after Fed boss Jerome Powell came out swinging against inflation. But despite the aggressive rhetoric, the Fed is likely to remain cautious, writes Karen Maley.
RBA’s forecast may put jobless rate at a 48-year low
The Reserve Bank is expected to forecast the national jobless rate to fall below 4 per cent for the first time since the early-1970s later this week.
- Opinion
Where central bankers could err in 2022
A growing number of economists are warning that the Fed’s determination to stamp out inflation could blind it to signs that the US economy is already showing signs of frailty, writes Karen Maley
Supersized rate rises ‘on the table’: Fed official
Raphael Bostic, president of the Fed’s Atlanta branch, said the looming rate rises by the US central bank could come in increments of half a percentage point.
- Opinion
Get ready for a new jolt: liquidity holes
The Fed’s pledge to shrink its balance sheet as well as raising rates means something rare might be about to happen in markets: a shortage of buyers for some assets relative to supply, writes Gillian Tett.
Companies
Bulls believe Qantas shares can fly despite risks
The airline habitually posts upbeat capacity forecasts only for the latest COVID-19 wave to rip them asunder.
Why Vanguard won’t let rivals on its trading platform
The asset manager has quietly onboarded 110,000 investors to its two-year-old Personal Investor platform, but says it will never become a Robinhood-style “product supermarket”.
- Exclusive
Australian Ethical readies to list first ETF
$7 billion green fund manager Australian Ethical will this week list an exchange traded version of its three-month-old high conviction fund.
UBS-Wealthfront deal ignites robo-adviser hopes
Australia’s online investment advisers have been buoyed by Swiss banking giant UBS’s $US1.4 billion acquisition of US fintech Wealthfront.
- Exclusive
Dan Murphy’s focuses on founder rather than price in new ad push
Dan Murphy’s is returning to its roots of personal service and a focus on discovery as the brand puts its founder front and centre of a new advertising push.
Monash IVF tipped to become next PE takeover target
Things are about to get interesting in the local IVF market, and it’s not just because of the Virtus M&A battle.
Boy from OZ Minerals cools succession talk
OZ Minerals boss Andrew Cole recently added some heavy-hitters to his executive ranks, but says the company is not yet where he wants it to be.