This Month
Canada rate cut fires up housing market
Falling interest rates can trigger a rush of activity, pushing up house prices. Policymakers must deal with the ripple effects when the market takes off.
- Aimee Look
June
Thousands of Iran-backed fighters offer to join Hezbollah
Hezbollah leader Hassan Nasrallah said militant leaders from Iran, Iraq, Syria and Yemen had previously offered to send tens of thousands of fighters to help.
- Qassim Abdul-Zahra and Bassem Mroue
Australia urged to list Iran’s enforcers as terror group
Canada’s designation of the Iranian Revolutionary Guards Corp as a terrorist group has put pressure on the Albanese government to follow suit.
- Andrew Tillett
Live it up like a millionaire in Whistler’s newest luxury lodge
The Wedge Mountain Lodge & Spa has everything you can dream of and then some. At around $30,000 a night during the peak Christmas/New Year period, this stay is one for the bucket list.
- Carrie LaFrenz
- Opinion
- Interest rates
Why the RBA won’t copy Canada’s interest rate cut
The economic and interest rate cycle in Australia is quite different to our Canadian cousins, despite the similarity in the structure of the resources-rich, medium-sized economies.
- John Kehoe
Canada first major central bank to cut rates ahead of ECB
The move comes ahead of a European Central Bank meeting on Thursday, which is also expected to reduce rates. The Fed is scheduled to meet next week.
- Updated
- Cecile Lefort and Sarah Jones
May
How to get 50,000 frequent flyer points and gold status
Air Canada is joining a string of carriers expanding in Australia, hoping to capture travellers fed up with being unable to use their frequent flier points.
- Ayesha de Kretser
How this Australian went from ski bum to CEO of a Canadian ski resort
The much-loved Big White in British Columbia has been family owned for decades. Third-generation Peter Plimmer had to earn his stripes to take up the mantle.
- Philippa Coates
Putin replaces defence minister in rare cabinet shake-up
The Kremlin said Russia’s ballooning defence budget warranted putting economist Andrei Belousov in charge.
- Paul Sonne and Anton Troianovski
Companies tap offshore money as IPO drought deepens
A dire environment for capital raising is seeing a rise in dual listing activity between Canada and Australia as companies look to raise more money overseas.
- Joshua Peach
April
Israel scaled back planned attack on Iran to avoid war
Israeli leaders originally discussed bombarding several military targets across Iran last week, including near the capital Tehran, in retaliation for the Iranian strike on April 13.
- Ronen Bergman and Patrick Kingsley
Israel’s strike on Iran shows it can evade Tehran’s air defences
The strike damaged a defensive battery near Natanz, a city in central Iran that is crucial to the country’s nuclear weapons program.
- Farnaz Fassihi, Ronen Bergman, Eric Schmitt and Luis Ferré-Sadurní
- Opinion
- Global economy
Markets are a frog in boiling water on Iran-Israel
The latest round of Iran-Israel hostilities has crossed many lines and durably raised the geopolitical temperature in the region. Yet markets seem keen to brush this aside.
- Mohamed El-Erian
US, allies plan to step up Iran sanctions
Hoping to steer Israel away from massive retaliation, the US and Europe flagged a toughening of economic and political sanctions against Iran.
- Scott Malone and James Mackenzie
Israel considers next move as US urges restraint
The US has highlighted its role in helping Israel thwart Iran’s aerial attack as Joe Biden convenes G7 leaders in an effort to coordinate a global rebuke of Tehran.
- Updated
- Matthew Cranston
Iran is now caught up in a mess of its own making
The Tehran regime’s use of proxy forces has left it boxed into a regional fight that it does not really want.
- Patrick Gibbons
US sends Ukraine seized Iranian-made weapons
The weapons include 5000 Kalashnikov rifles, machine guns, sniper rifles and rocket-propelled grenades, along with half-a-million rounds of ammunition.
- Alex Horton
February
How the hackers were hacked by federal agents
A coalition of international law enforcement breaches the world’s most prolific ransomware syndicate, LockBit, which left prints on the DP World hack.
- Updated
- Nick Bonyhady
January
Biden decided on response to deadly drone strike in Jordan
The US President could opt to attack the Iranian suppliers of drones and missiles, perhaps including inside Iranian territory.
- Eric Schmitt
- Opinion
- Middle East tensions
Markets and the Middle East on collision course
So far, global markets are shrugging off the risks of escalation in the Middle East, but how quickly the situation can deteriorate has been on show this week.
- Jennifer Hewett