Today
12 ways CBA shares could come back to earth
If the AI revolution disrupts Australia’s economy, our big banks won’t be immune. It’s an example of the sort of war-gaming investors need to start considering.
Musk played with fire backing Trump. He and Tesla are getting toasted
The spat between the US president and tech billionaire is great sport for most, but investors have had $230 billion wiped off the EV maker’s value in hours. It may get worse.
Yesterday
KKR CEO: Don’t believe ‘private equity is dead’ narrative
But Scott Nuttall, the private equity giant’s co-chief executive, predicts a shakeout as higher interest rates bite poor investments made during the pandemic.
KKR’s CEO on the new rules of private equity (and next big trends)
The firm’s global co-chief executive, Scott Nuttall, says the original barbarian at the gate is in the midst of a period when the old way is being re-written.
This Month
CBA at $300b may not be a sign of a healthy ASX
Fund manager Martin Currie argues the combination of huge passive buying and low turnover in Commonwealth Bank shares points to unhealthy signs in Australia’s sharemarket.
The not-so-secret key to Virgin’s IPO? Qantas
Conditions are perfect for the listing with Qantas shares surging, oil prices down and domestic demand as strong as ever. But are we near the top of the cycle?
What to tell your kids about how to prepare for AI
We asked six leaders for their advice to teenagers about the unfolding AI revolution. Their answers may surprise you.
Matt Comyn fears AI could make us the ‘left behind country’
The Commonwealth Bank boss doesn’t subscribe to AI doomsday scenarios but says we still need to ask: what if they’re right?
Loving the TACO trade? Beware Trump’s 7 negotiating tactics
If we get another dose of the liberation day volatility – even a fraction of it – then investors’ complacency could be exposed.
This is what the Soul Patts deal is really about
There’s plenty of history in Soul Patts’ merger with Brickworks, but at the heart of the deal is a $2 billion prize that completes Soul Patts’ portfolio.
This chart shows bank rules are making the housing crisis worse
Lending by banks to property development has plunged since 2008, exacerbating pressure on housing supply. Is it time for a rethink of the banking sector’s regulatory settings?
Dimon calls a crack in bonds. But does an even bigger bubble loom?
A flip to lower tariffs, taxes and interest rates could make investors shift back into stocks related to the artificial intelligence boom.
May
You’re probably part of Australia’s new inheritocracy
A quarter of the Rich List derived their wealth from inheritance, reflecting a wider shift as Australians start to transfer a staggering $5.4 trillion to the next generation.
AI could kill WFH and send unemployment to 20pc. Are you really ready?
The artificial intelligence revolution is coming far faster than top CEOs previously thought. They, policymakers, workers and investors need to move urgently.
‘I don’t take it personally’: Metrics raises amid private credit scrutiny
Andrew Lockhart understands the spotlight his firm and his sector are under, but says private credit demand remains strong.
Court’s tariff block a handbrake on Trump with 3 implications for markets
The blunting of the US president’s agenda means the tailwind of fiscal stimulus remains in place.
Nvidia is banking on a big shift in AI. That’s not good for your job
The chipmaker’s numbers are breathtakingly good. But to justify its customers’ huge spending, artificial intelligence must start killing careers.
Inflation miss is a reminder the RBA won’t save this economy
Our obsession with the next move in rates is understandable, but we can’t rely on the Reserve Bank to fix everything.
North West Shelf approval is welcome dose of energy reality
The national conversation around gas has changed in the past year, Woodside boss Meg O’Neill says. Labor listened – eventually.
This ‘most hated’ rally just keeps running. But bulls ignore two risks
The bullish are back in control, and are largely ignoring Donald Trump. But they’ve pushed Wall Street to levels that leave zero room for error.