Trading DayTrading DayThe ASX 200 suffered its worst day in three months, as investors dumped tech, bank and mining stocks. The Australian dollar also hit a two-year low after big falls on Wall Street following the Federal Reserve’s weak rates outlook.
exclusiveAgribusinessThe beef industry says the federal government’s suspension of a key carbon credit method will undermine their ability to reduce emissions.
CourtsNationA 10th alleged victim has levelled indecent assault allegations at Alan Jones, as the veteran radio broadcaster pleads not guilty and says he looks forward to clearing his name.
Politics NowNationAngus Taylor says the mid-year economic update shows the Albanese government is ‘the biggest spending outside of wartime or crisis’ and offers no pathway to restoring standards of living.
Trading DayTrading DayFinancial regulator targets crypto giant over alleged customer fails. Insignia rejects Bain bid. Chalmers’ spending plans to challenge RBA fight. ANZ facing more regulatory scrutiny. Aus economy in ‘reasonable shape’: NAB CEO.
CourtsNationThe talkback radio stalwart is due to appear before Sydney’s Downing Centre Local Court on Wednesday after he was charged with historic abuse of several people.
Nathan Schmidt
Politics NowNationVictoria’s Labor government will move to ban terrorist flags and symbols in public, ban face coverings at protests, and introduce legislation to curb protests at places of worship following an arson attack on a Melbourne synagogue last week.
Trading DayTrading DayData#3 down after flagging Microsoft hit. PEXA soars on change of guard. BlueScope, BHP and Rio Tinto pick site for smelting pilot plant. House prices to stall next year: HSBC. Meta settles Aus privacy breach case.
EXCLUSIVENationCbus spent almost $400,000 on a party earlier this year, after the industry superannuation fund had allegedly mishandled $20m in insurance money and in some cases took more than a year to pay out death benefits or disability payments.
WeatherNationAustralia is bracing itself for a blistering start to the week, with temperature records for December on the line as the mercury soars.
Alexandra Feiam
Trading DayTrading DaySurprise inclusions in RBA’s new-look monetary policy board; new governance board members named. Data centres-focused DigiCo continues to decline. HSBC sued for alleged scam fails. China slump a blow to Treasurer’s mid-year budget update.
Politics NowNationAfter Victoria’s longest serving Treasurer Tim Pallas announced he was quitting politics, Opposition Leader John Pesutto said his legacy would be one of ‘enormous debt that Victorians in the present … and future generations will be saddled with’.
John Ferguson and staff writers NewsJessica Watson thought she had seen plenty at sea as a teenager sailing solo round the world. But after a few races with two top guns doing the Sydney to Hobart she has changed her mind.
ExclusiveNationRelations between the Jewish and Muslim communities have hit their lowest ebb since the onset of the Israel-Hamas war amid deeply held emotions and diametrically opposed beliefs.
CourtsNationAn Adelaide couple has been arrested after they allegedly shaved their six-year-old child’s head and put them in a wheelchair as part of a scam to solicit donations.
Travel chaos warningAviationHundreds of Qantas engineers have walked off the job at airports around the country on one of the busiest travel days of the year.
Alexandra Feiam
Trading DayTrading DayDigiCo flops on in subdued start to public life. Insignia considering Bain’s $4 per share bid. Iress promises to reinstate dividends. Rio to spend $US2.5bn on new lithium mine in Argentina. Premier’s FY25 start ‘challenging’. China stimulus talk disappoints
Politics NowNationPeter Dutton says his $331bn nuclear energy policy will cut power prices for struggling Australians, as he defended its modelling by a firm ‘that’s done millions of dollars of work for Labor’. The PM dismissed the plan as a ‘Friday 13th nightmare’.
Rhiannon Down and Lily McCaffrey Trading DayMarketsThe chance of an early rate cut fades after the jobless rate fell to 3.9 per cent. Qantas strike may disrupt holiday plans. AUD lifts. Downer and Ventia hit by ACCC lawsuit over price fixing cartel allegations. Peter Warren tanks on profit warning.
Politics NowNationOusted Liberal MP Moira Deeming has spoken for the first time since winning her defamation battle against John Pesutto, saying the Victorian Opposition Leader hasn’t proven to be ‘trustworthy’.
Lily McCaffrey, Sarah Ison and Ben Packham