NewsBite

Matthew Cranston

February

Elon Musk says it’s possible to halve the US deficit, and in the process cut interest payments and boost growth.

Why Musk’s cost-cutting drive won’t stop this Aussie buying gold

First Eagle Investments portfolio manager Matthew McLennan is not convinced DOGE’s efforts will be enough to slash the fiscal deficit and keep a lid on inflation.

Restaurant owner Alex Butterworth, left, co-owner Raheem Kassam and Steve Bannon.

Inside the Australian-owned MAGA mecca in Washington

“I love this place,” right-wing firebrand Steve Bannon says of the Australian-owned restaurant on Capitol Hill that’s become a trendy MAGA hangout.

James Packer has teamed up with Alex von Fürstenberg to finance a documentary about superannuation as part of a push to get the US to implement a similar scheme.

Packer leads push to sell Australian super to the US

James Packer will play a leading role in a push by the $2.8 trillion superannuation sector to sell the success of the Australian pension savings system to the US.

Donald Trump and Peter Costello

Costello slams Trump tariff threat on Australia over ‘unfair’ GST

The Trump administration has no grounds to punish Australia for its goods and services tax, former treasurer Peter Costello says.

President Donald Trump is pressing forward with his tariffs agenda.

Trump’s new tariffs spark fears for Australia

The president announced a new policy of imposing tariffs on a “country-by-country” basis, with Australia potentially in the firing line over GST.

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Fears Kyiv frozen from peace talks after Trump-Putin phone call

The US and Russian presidents’ first phone call since Donald Trump returned to the White House signals a dramatic turnaround in the Washington-Moscow relationship.

After 39 years, Jennifer Nason is retiring from JPMorgan as head of global investment banking.

What Australia’s retiring Wall Street queen learnt from Jamie Dimon

Bankers gathered in New York this week to send off JPMorgan’s head of global investment banking, Jennifer Nason, after 39 stellar years.

Trump holds up the executive order outlining the steel and aluminium tariffs.

US ‘welcomed’ extra Australian aluminium to plug Russia gap

The US government readily accepted a surge in exports of Australian aluminium after the Russian invasion of Ukraine, sources have revealed.

Peter Navarro.

‘Australia killing US aluminium’: Trump’s top trade adviser

Peter Navarro has become a red flag for Australian negotiators trying to secure an exemption from the president’s tariffs on steel and aluminium.

Rio Tinto director Jennifer Nason.

Australia’s tariff exemption is likely, Rio Tinto director says

Jennifer Nason says she believes Donald Trump will eventually go easy on Australia’s steel and aluminium exports.

Congressman Joe Courtney with Australia’s ambassador to the US, Kevin Rudd.

Trump’s tariff plan attacked in Congress as ‘insult to Australians’

At least one US legislator has lambasted the president’s intention to slug Australian steel and aluminum imports into America.

Donald Trump wants to raise revenue from tariffs to plug a federal budget black hole.

The real reason Trump is quickly imposing tariffs

The president is hoping to raise revenue from new tariffs. He’s banking on this money to help plug a budget hole from his promised tax cuts.

This week, Trump’s 48-hour trade war stunned markets and boardrooms across the world.

Will ‘muzzle velocity’ backfire on Trump?

This week reminded critics and supporters of the chaos of Trump’s first term, when a propensity for wild ideas meant little to show for his four years in power.

Jamieson Greer is expected to be the Trump administration’s Trade Representative.

Labor says tech levy doesn’t target US firms as Trump trade tsar hits out

The US trade tsar says Donald Trump is ready to fight countries imposing taxes on US tech companies, as the Labor government pushes ahead with a digital tech levy.

NSW Treasurer Daniel Mookhey says insurers will return $140 million to the public health system by paying higher room rates.

Why Trump needs to know about Australia’s super funds

Super funds can help fund America’s AI race against China. This could be Australia’s bargaining chip with the president on tariffs, Daniel Mookhey says.

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US President Donald Trump, left, greets Israel’s Prime Minister Benjamin Netanyahu.

Trump’s Gaza take-over plan sparks fury in Middle East

The US president made the stunning announcement to redevelop the war-torn enclave during a news conference alongside Israeli Prime Minister Benjamin Netanyahu.

US President Donald Trump and Chinese President Xi Jinping have raised fears of a trade war.

China hits back at Trump with tariffs on US coal, LNG, crude

China will impose a 15 per cent tariff on coal and LNG products and 10 per cent on crude oil and other products in response.

President Donald Trump holds up a signed executive order in the Oval Office of the White House.

Trump pauses trade war on Mexico, Canada

Mexico and Canada have agreed to Donald Trump’s demands to tighten up illegal immigration and drug trafficking in exchange for pausing sweeping tariffs.

President Donald Trump speaks while signing an executive order as Commerce Secretary Howard Lutnick, Rupert Murdoch and Larry Ellison listen in the Oval Office.

Trump creates sovereign wealth fund as ‘legendary’ Murdoch watches on

In a meeting in the Oval Office, the US president said the new fund, along with wealthy investors, could be used to buy part of Chinese owned TikTok.

President Donald Trump prepares to board Air Force One on Friday, en route to his Florida estate.

Minister seeks talks with US after Trump launches trade war

The White House slapped 25 per cent tariffs on goods from Canada and Mexico and 10 per cent on imports from China. Rio Tinto’s Canadian exports could be hit.

Original URL: https://www.afr.com/by/matthew-cranston-j7gax