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Featured Opinion

Calling time on international student numbers

Australia’s universities and colleges are fighting plans to reduce international student numbers. Spurred by the housing crisis, the government thinks it has no choice.

Lure global capital with internationally competitive tax reform

Rather than Jim Chalmers’ “new growth model”, the fair dinkum way to increase foreign investment would be to progress a genuine growth agenda.

The AFR View

Editorial

The AFR View

Domestic violence is also a workplace issue

Governments should take the lead on the problem, but other groups can do more, including employers. Companies can achieve much more than many imagine.

Pilita Clark

Columnist

Pilita Clark

Substantial surpluses, not bigger deficits, should be running at this point

Instead, Jim Chalmers has confirmed that forecast deficits will widen as Labor’s Future Made In Australia budget centrepiece rolls out subsidies for the green energy and advanced manufacturing subsides.

The AFR View

Editorial

The AFR View

The one standout success metric for the budget

More investment is required to drive productivity. We won’t get this without cutting red tape and making the things more business-friendly.

Bran Black

BCA chief executive

Bran Black

As India votes, doubt grows about Modi’s intentions

India’s prime minister is set to extend his power once the election results are known. That is likely to bring further tests for Australia and the world.

James Curran

International editor

James Curran

This is a bold opportunity to refocus Australia’s economy

The Future Made in Australia Act is not picking winners. It is about reshaping whole sectors around a mission of managing climate change.

On his third budget, Chalmernomics has finally emerged

The Albanese-Chalmers government embodies a short-term and emotive response to wage stagnation, not a rational one.

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More From Today

Critics of the Albanese government’s gas strategy seem content for governments to prolong the lives of coal-fired power stations at taxpayers’ expense.

Gas critics are signing up for coal and candles

The climate movement needs to ask itself what is worse: gas in the new energy mix, or coal that lingers for longer.

  • 1 hr ago
  • Craig Emerson
Australia’s major super funds have overlooked a valuable opportunity by not allocating more to gold.

Why superannuation funds are wrong on gold

Millions of Australians could be missing out on the benefits of gold because of a conflict of interest inherent in big super.

  • 1 hr ago
  • Chris Brycki
The US is now the sole engine of economic growth again.

Why the world won’t respond to shocks as it did before

The world economy is fragmenting, with countries going in different directions. They will not react to frequent violent changes in the same ways.

  • 1 hr ago
  • Mohamed El-Erian

Critics wrong about our clean energy ‘superpower’ plan picking winners

We share concerns about arbitrary government intervention, but our carbon pricing model is designed to minimise those risks.

  • Ross Garnaut and Rod Sims
Qu Jing, the former head of public relations at Baidu.

She was fired for being a workplace tiger mum

When Baidu’s head of public relations lost her job over blunt remarks about staff, managers everywhere lost an honest voice.

  • Aaron Patrick
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Incorporating non-financial factors into long-term investment decision-making is good investing, not just ESG investing.

No, ESG funds have not had their day

Recalibration of ESG investing has been an excellent exercise in weeding out the greenwashers, bandwagon participants and naysayers. 

  • Amanda MacDonald

A toothbrush that cuts your hair? This is the Swiss army knife of grooming

As Panasonic’s multifunction device reveals, there’s a natural order to morning ablutions.

  • John Davidson

Yesterday

Rio Tinto boss Jakob Stausholm is feeling like Rio is putting its recent history behind it.

How Rio Tinto executives can get paid more this year

Rio Tinto has made a step-change to executive remuneration. Bonus payments could increase materially, but not for the usual reasons.

  • Updated
  • Anthony Macdonald
The lower inflation Jim Chalmers forecasts will require a sharper slowdown.

Investors shouldn’t believe Chalmers on inflation just yet

For inflation to get back to target by Christmas, more pockets of pain will have to emerge. But the corporate sector is holding up well. 

  • Updated
  • James Thomson
Jim Simons.

The five rules of Wall Street legend Jim Simons still ring true

The death of Jim Simons, the quant king hailed by many as the world’s greatest investor, is a reminder that greatness is rarely made by running with the pack.

  • Updated
  • James Thomson
Lawrence Wong is set to become Singapore’s new prime minister.

‘Nothing to see here’ as Singapore gets new PM

Lawrence Wong is considered a safe pair of hands. But Singapore is facing many challenges that need radical new ideas rather than technocratic continuity.

  • Michael Barr
Treasurer Jim Chalmers and former treasurer and prime minister Paul Keating.

Jim Chalmers rips up Paul Keating’s economic playbook

The treasurer is breaking from Labor’s previously claimed belief in the Hawke-Keating market-based economic model that helped deliver 30 years of prosperity.

  • John Kehoe
PEXA CEO Glenn King has Joe Pepper (right) tackling the UK market.

PEXA’s offshore venture shows much-needed proof of life

Going global has brought plenty of successful Australian businesses undone. This unheralded tech unicorn needed proof it was making headway – and it found some 10 days ago.

  • Anthony Macdonald

This Month

There are similarities in the hitting style of Glenn Maxwell and former Red Sox player Dustin Pedroia.

New laws risk the end of free sports on TV

The government has one chance of modernising how broadcast rights are organised. Otherwise, iconic sporting events will be harder to find.

  • Greg Hywood
A screenshot from ASTRA’s anti-prominence legislation ad that has been running on Foxtel.

Showtime! Media CEOs’ last stand with Foxtel over future of TV

Years of lobbying by free-to-air networks and Foxtel have come down to this week, when two crucial pieces of legislation are set to go before the Senate.

  • Sam Buckingham-Jones
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Why did Labor drop a big policy change at 6pm last Friday?

While the media scrambled to get across a housing announcement late Friday, the government quietly dropped long-awaited changes to foreign student numbers.

  • Phillip Coorey
Bonza’s Tim Jordan

Bonza’s failure is a warning for corporate Australia

The private equity-backed airline’s abrupt collapse shines a spotlight on the potential risks brewing in the massive, unregulated private credit market.

  • Karen Maley
Healthscope has a contract with the NSW government to run the public wing of Northern Beaches Hospital until 2038.

Brookfield’s Healthscope debt trap is a mess for everyone involved

The investment giant is bringing its punchy approach to restructuring – and tactics more often found in the US – to Australia as it works on the hospital group.

  • Jemima Whyte
Origin Energy CEO Frank Calabria and Octopus Energy CEO Greg Jackson at Octopus’s London HQ.

What was Origin Energy boss Frank Calabria really doing in London?

He flew halfway round the world to hold a strategy day for UK upstart Octopus Energy. The message for Origin shareholders and analysts: take another look.

  • Hans van Leeuwen
If Donald Trump were to return to the White House as president, the implications for the US, its allies and the global economy are sure to be profound.

How Trump’s ‘imperial presidency’ will reshape the world

If Donald Trump wins in November, expect even greater strain on American institutions. But he’s unlikely to be an “imperial president” abroad.

  • James Curran
A regulatory threat is hanging over the buy now, pay later innovation that made Nick Molnar and Anthony Eisen, billionaires.

Payments innovation under threat from RBA

Buy now, pay later, which revolutionised Australia’s highly concentrated payments system, is under potential threat from increased regulation.

  • Tony Boyd