Kelly O’Dwyer quits politics in shock for government

Kelly O’Dwyer quits politics in shock for government

Also, she wanted to try for a third child and at 41, needs the best opportunity for IVF to succeed. "I no longer want to consistently miss out on seeing my children when they wake up in the morning or go to bed at night and I want to know that when I am around,…
Australia inks trade deals with Britain to keep goods exports flowing post-Brexit

Australia inks trade deals with Britain to keep goods exports flowing post-Brexit

The goods can thus be tested in-country before export, rather than being shipped first and then tested and certified at much greater cost in the receiving country. This streamlines export processes, and prevents certification and approval processes from becoming a kind of "behind the border" non-tariff barrier. "This agreement will help give UK and Australian…
Afterpay shows Millennials the new force in markets

Afterpay shows Millennials the new force in markets

The financial power of Millennials and their potential to influence the governance of multinational corporations was brought home this week by Larry Fink, the chairman and CEO of BlackRock, the world's largest investment manager with $US6.28 trillion ($8.7 trillion) in assets under management. In his annual letter to the CEOs of the world's largest companies,…
Tesla to cut 7pc of jobs to lower Model 3 costs, shares tumble

Tesla to cut 7pc of jobs to lower Model 3 costs, shares tumble

Tesla had about 45,000 workers in 2018, so the 7 per cent cut works out to about 3,150 jobs lost. The company will also see a significant increase in competition for electric cars as traditional manufacturers have started to roll out an array of products that will be measured against its pioneering lineup. Shortly after…
Melanoma blazes treatment trail

Melanoma blazes treatment trail

These patients are sent for surgery but afterwards, the disease unfortunately returns in 20 to 70 per cent of cases, progressing them to stage IV. The treatments, however, can prevent this progression in half of them, reducing the risk to 10 to 35 per cent. While Menzies, from the Melanoma Institute Australia and The University…
A guide to giving: easy steps to philanthropy

A guide to giving: easy steps to philanthropy

To help decide which structure is most suitable, an important first question is whether to establish a charitable fund while alive or after death. If the former, the next questions to consider are how much you can initially donate to establish the fund and how involved you want to be in the fund's investment and…
What the experts expect from February reporting season

What the experts expect from February reporting season

Not everyone shares Sherwood's outlook, however, with other professional investors tipping earnings to push the market into a sustained rally as stocks beat the expectations implied by their low valuations. "There's been a lot of hot money on macro factors but a lot of these companies don't really change too much," says Atlas Funds Management…
Brexit: Big four banks, Brambles, Toll, Lendlease buckle up for a rough landing

Brexit: Big four banks, Brambles, Toll, Lendlease buckle up for a rough landing

AFR Weekend has been speaking to a cross-section of the Australian business community in Britain, and – to our surprise – found a significant amount of old-fashioned Aussie optimism. Companies are quietly making what sound like pretty rigorous preparations, while the senior sages of the expat business network are confident the storm – if there…
ATO worried about $12b in SMSF loans

ATO worried about $12b in SMSF loans

That is, approval of the loan had been contingent on non-super assets being put up as a guarantee. "We are concerned that despite the intention of LRBAs to limit recourse by lenders to the asset subject to the loan, 30 per cent of borrowers in 2017 still provided a personal guarantee or other security to…
How the FAANGs have influenced Australia’s property landscape

How the FAANGs have influenced Australia’s property landscape

Within a year of arriving, Amazon had already made its mark with two huge warehouses and a 20,000sq m office in Sydney. Now the company is set to announce a deal that will shake up Australia's commercial property landscape further. The e-commerce giant is expected to move to new headquarters, at 2 Market Street in…

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