Your afternoon Briefing: China crackdown ‘behind coal price dive’

Your 2-minute digest of the day’s top stories.

Hello readers. One of our biggest coal miners has blamed China’s crackdown on Australian imports for a sharp dive in coal prices. And the Clive Palmer trial has gone on, despite Palmer being a no-show at court today.

 

China crackdown ‘behind coal price dive’

Big miner Yancoal has blamed a sharp fall in coal prices on long Chinese holdups of Australian coal imports.

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How super funds performed in FY19

Two super funds tied for top spot for the 2019 fiscal year, returning 9.9 per cent. But challenging times lie ahead, a researcher warns.

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British warships sent to Gulf

British warships and a military tanker sent to Gulf after Iran’s supreme leader threatened retaliation over seizure of their ship.

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Bravery revealed amid terror attack

New footage emerges of unarmed police taking on terrorists who were armed with knives, wearing what appeared to be suicide vests | WATCH

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Businessman Clive Palmer leaves the District Court in Brisbane, Tuesday, July 16, 2019. Liquidators are trying to claw back $200 million in claims owed by Mr Palmer over the collapse of Queensland Nickel. (AAP Image/Dan Peled) NO ARCHIVING

Palmer no-show

Clive Palmer has failed to appear in court as he fights a bid by creditors to claw back $200m from him.

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‘Let’s see them aliens’

A pledge by more than 1.3 million people to storm Area 51 for aliens has enraptured the internet, and left the US Air Force distinctly unimpressed.