Business
The economy
Opinion
Federal budget
What they don’t tell you about how the budget works
We all have budgets, but the federal government’s budget ain’t like any other budget you’ve known.
- by Ross Gittins
Latest
The high school dropout who built a $900m fortune
Michael Flacks likes keeping a low profile. It has helped him carve out a niche for discretely hunting for bargains that have him on the verge of becoming a billionaire.
- by Ben Stupples and Katie Linsell
Analysis
PwC tax scandal
Contagion shows no one is safe from PwC scandal
Potential charges for current and former partners, and the loss of the Commonwealth as its largest customer, is a real possibility for PwC Australia.
- by Colin Kruger
Updated
PwC tax scandal
AFP commences criminal investigation into PwC tax scandal
The Australian Federal Police has commenced a criminal investigation into PwC and its former partner Peter Collins.
- by Colin Kruger
Updated
Energy
Power bills will rise by hundreds of dollars across east coast
Households on the eastern seaboard will be hit with electricity bill increases of up to 25 per cent from July 1, adding to mounting cost-of-living pressures.
- by Nick Toscano and Mike Foley
Recession ‘most likely’ and inflation to rebound: AustralianSuper
The chief investment officer of Australia’s biggest super fund says the Reserve Bank will tame inflation in the short term but will “most likely” plunge the country into recession.
- by Millie Muroi
Opinion
Trade wars
The one-sided battle between China and the US
China has just shown how vulnerable it is in the escalating global war over technology.
- by Stephen Bartholomeusz
Australia can still meet climate targets if it ‘spends billions more’
More aggressive spending on renewables, carbon capture and hydrogen is needed to keep Australia’s net-zero emissions target alive, new modelling says.
- by Nick Toscano
Opinion
Jobs
Big change to our economy will come at a cost, but only if we care
The proportion of our workforce employed in the care economy has gone from 2 per cent in the 1960s to 10 per cent today. About 80 per cent of these workers are women.
- by Ross Gittins
Handing over $127 trillion: The greatest wealth transfer in history is here
An intergenerational transfer of trillions of dollars is in motion in America – and just like in Succession, dynastic wealth is centre stage.
- by Talmon Joseph Smith and Karl Russell
Opinion
RBA
Why I stuck ‘low inflation’ on my vision board in my bedroom
What if I told you the price increases you’ve been seeing could be slowed down – through manifestation?
- by Millie Muroi