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Featured Opinion

Why there’s no free lunch in government

The Albanese government is still struggling to break out of a post-Voice gloom, with new policies failing to stop the lingering sense of drift permeating Canberra.

Councils are the obstacle as our cities grow

Sydney in particular needs councils who listen to the needs of the city and the economy, not the excessive fears of local NIMBYs.

The AFR View

Editorial

The AFR View

Why mining lies at the heart of Australia’s productivity problem

Australia badly needs towards diversify towards more productive industries. The politically privileged position of the mining industry is one of the obstacles.

Americans are moving closer to climate risk. This is why

Individuals and businesses have been willing to ignore the longer-term financial and human risk of extreme weather in favour of the short-term gains.

Rana Foroohar

Contributor

Rana Foroohar

White demographics did not drive the Voice vote

It wasn’t old, white voters who made the Voice referendum fail. The Yes campaign aimed at elites, and took the rest of Australia for granted.

Nyunggai Warren Mundine

Indigenous advocate

Nyunggai Warren Mundine

How a sunken ship underlines our hollow defence preparedness

The loss of a New Zealand naval vessel reflects the same decline of niche maritime capability that Australia suffers from.

Jennifer Parker

Defence expert

Jennifer Parker

Australians lose billions to scammers - but reform laws lack teeth

The country has been a happy hunting ground for criminals running high-tech scams. New laws may not help consumers seeking compensation.

Tony Boyd

Contributor

Tony Boyd

Queensland’s free lunch underscores states’ debt spiral

State government spending is driving a rising debt pile, and spilling into the national economy as inflationary pressure.

The AFR View

Editorial

The AFR View
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Yesterday

The banks’ big profits make them an easy target. But we’re not sure this one will stick.

This card surcharge crackdown won’t solve cost of living crisis

It would be great for shoppers if the RBA and the competition watchdog found widespread rorting of payment surcharges. But don’t hold your breath.

  • Anthony Macdonald
Donald Trump and an approaching hurricane.

End secrecy in scam overhaul

Readers’ letters on scam reforms, economic policies in the US election, Queensland Labor’s school lunch policy, politicians taking on the supermarkets, Scott Morrison’s new space job and architecture at Atlassian.

Virgin chief executive Jayne Hrdlicka has had a good few weeks.

Virgin earnings provide fresh clues on what the airline is worth

The airline’s results suggest Jayne Hrdlicka has taken advantage of Qantas’ distraction.

  • James Thomson
Macquarie’s Ani Satchcroft and her team sold AirTrunk in August and signed a $5.25 billion deal to add TPG’s fibre into Vocus Group over the weekend.

Macquarie’s private equity job at Vocus hits $5.25b peak

Macquarie is again pushing the boundaries of what it means to be an infrastructure investor in Australia.

  • Anthony Macdonald
This combination photo shows Democratic presidential nominee Vice President Kamala Harris at a rally in Flint, Mich., Oct. 4, 2024, left, and Republican presidential nominee former President Donald Trump at a campaign rally in Walker, Mich., Sept. 27, 2024. (AP Photo)

The big problem Trump and Harris don’t want to talk about

National debt is one of the most pressing issues facing the US and, if left unchecked, could trigger a fiscal crisis. But don’t expect the candidates to mention it.

  • Michael Strain
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Despite headlines about the fickle Millennial and Gen Z employee, young people are switching jobs less than previous generations.

Myth of the job-hopping Millennial worker exposed

Despite headlines about fickle Millennial and Gen Z employees, young people are switching jobs less than previous generations.

  • Michael Read
Outgoing Lendlease chairman Michael Ullmer with his successor, John Gillam.

From Bunnings with love: New Lendlease boss wants reset, then growth

New chairman John Gillam has backed chief executive Tony Lombardo to oversee the turnaround. Long-suffering investors will want to see accountable results.

  • James Thomson

This Month

Former AFL chief executive Gil McLachlan is yet to unveil his strategy for Tabcorp.

Tabcorp’s silent hands reveal how activism really works

As AGM season ramps up, the behind-the-scenes discussions happening at Tabcorp are a rare example of how shareholders shape corporate Australia.

  • Anthony Macdonald
David Evans from Evans Dixon at the company's listing at the ASX.

How David Evans’ wealth vision went horribly wrong

The top stockbroker wanted to create a firm based on old world trust and integrity. But now its best chance of success lies in a retreat from life as a listed company.

  • Jonathan Shapiro
NA

Anthony Albanese has yet to grow into the prime minister’s job

The prime minister is a political operator rather than a visionary. His inability to persuade and sustain arguments is beginning to show.

  • James Curran
Time is running out … Kamala Harris in Washington last week.

Time for Kamala Harris to start ‘scaring the crap out of voters’

Veteran political strategist James Carville and others in the Democrats camp are worried their presidential candidate is failing to land the hard punches as the weeks tick by.

  • Maureen Dowd
Universities should be places of learning, not corporations.

How do our universities get their social licence back?

There are four issues that universities need to address if they are to revive their troubled reputations in Australian society.

  • Shamit Saggar

Why the Voice went unheard at the referendum

The proposed constitutional change was based on an ideology of Indigenous separatism. It is not the way to get the progress that First Nations people so clearly need.

  • Anthony Dillon
John Pesutto and Moira Deeming.

Vic Liberals’ policy vacuum opens the door for teals

Readers’ letters on the infighting within Victoria’s opposition; federal Labor losing its way and running scared; gas supply; handouts for surgeons; and the value of mass genetic screening.

Nature underpins the economy, so the importance of getting the  biodiversity market right cannot be understated.

Why every investor should be thinking about carbon pricing

If we integrate the financial costs of greenhouse gas emissions into our investment decisions, we can figure out what opportunities this opens up for making money.

  • Katrina King
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The Prime Minister seemed to feel the pressures of office this week.

A year on, Labor needs to find another vision

The Voice defeat taught the Albanese government it needed to focus on the economy. But it needs to take better policies to the next election.

  • The AFR View
Women make up half the population but less than one third of expert voices.

How women can remove the ‘ick’ factor and become experts

One of the greatest barriers to women owning their expertise publicly is fear of criticism and being exposed as an imposter.

  • Penny Locaso
The CyberCab at Thursday night’s event.

Musk’s robotaxi show leaves more questions than answers

It looked cool, but Elon Musk’s big We, Robot event gave Tesla investors little in the way of substance around where the company goes next.

  • James Thomson
Many believe Donald Trump’s tax policies will be good for investment.

The US presidential election is a contest of economic illiterates

There is a lot of crazy economic policy being spruiked by both sides of American politics, but thinking people know serious, substantive policy debate will take place next year.

  • Steven Hamilton
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How your kids could help you avoid this super death benefits catch

The transfer balance cap also applies to pensions received on death and this is where it may catch you out.

  • Colin Lewis
China’s President Xi Jinping and his wife, Peng Liyuan, greet the press during a reception in Beijing last month.

Understand Xi and you’ll adjust expectations for China stimulus

Where Beijing’s powerful state economy is headed will be determined by the Great Helmsman.

  • Richard McGregor