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Berkshire cash hoard scores another record as earnings gain

The firm’s cash pile increased to $US189 billion ($290 billion) at the end of the first quarter, topping the record it set at the year’s end.

  • 1 hr ago
  • Lois Maskiell
Baby Boomers are cashed up and spending freely.

Cash splash as Boomers hit the jackpot

After decades of saving, older Australians are spending up. But the wave of cash is causing headaches for the inflation-fighting treasurer and RBA. Can the good times last?

  • Jacob Greber

Why Australia’s domestic violence problem is complicated

The hope is that targeted action, and policies to boost women’s economic security more broadly, can continue to deliver results.

  • Tom McIlroy

David Rowe cartoons for May 2024

David Rowe is a multiple Walkley award-winning cartoonist. He draws a daily political cartoon and one for the Chanticleer column.

  • Updated
  • David Rowe

Albanese vows to tackle antisemitism after crisis talks with rabbis

Jewish Australians should feel safe in the classroom and in their neighbourhoods, Prime Minister Anthony Albanese says.

  • Andrew Tillett

PM blames DPP, bureaucrats for Perth couple bashing, detainee debacle

The Coalition has accused the government of duck-shoving accountability for its pledge to keep the community safe.

  • Phillip Coorey

Opinion & Analysis

There is so much to be done on violence against women

Maintaining the momentum of this week’s announcements after decades of neglect is the biggest issue facing the anti-violence movement.

Laura Tingle

Columnist

Laura Tingle

Forget quantum, it’s billion-dollar briefs that our future needs

With fashion undies going for $1370 a pop, it’s clear what sector the Future Made in Australia policy must engage next.

Rowan Dean

Satirist

Rowan Dean

Labor election plans start blowing smoke

Labor is banking on at least one rate cut before calling an election. That scenario is no longer guaranteed.

Phillip Coorey

Political editor

Phillip Coorey

Nordic paradox: how male resentment fuels domestic abuse

Closing gender pay gaps fuels domestic violence, pointing to the deep challenges to stop the societal scourge.

Tom Burton

Government editor

Tom Burton
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This Month

China

Australia, US, Japan, Philippines vow to step up military drills

Four way defence ministers meeting in Hawaii raise concerns over China’s clashes with Filipino ships in South China Sea.

  • Andrew Tillett
Large numbers joined the No More: National Rally Against Violence rallies around the country.

There is so much to be done on violence against women

Maintaining the momentum of this week’s announcements after decades of neglect is the biggest issue facing the anti-violence movement.

  • Laura Tingle
Appeals against student visa refusals have more than doubled in a year.

Foreign students flood appeals tribunal to stay longer

Many student hopefuls who have had their visa application rejected are appealing the decision, often as a means to extend their stay.

  • Updated
  • Julie Hare
Australian pathology business TissuPath has suffered a data breach.

Thousands of domestic violence victims hit by third-party data breach

Victoria’s largest public health service has been hit by an external data breach for patients between 1970 and 1993. NSW to deliver emergency domestic violence package in coming days. How the day unfolded.

  • Updated
  • Campbell Kwan
Mui Mui nylon briefs will set you back $1370.

Forget quantum, it’s billion-dollar briefs that our future needs

With fashion undies going for $1370 a pop, it’s clear what sector the Future Made in Australia policy must engage next.

  • Rowan Dean
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Macquarie profits fall; Adgemis’ tax woe; Bonza directors ‘blindsided’

Read everything that’s happened in the news so far today.

May 2, 2024

Labor election plans start blowing smoke

Labor is banking on at least one rate cut before calling an election. That scenario is no longer guaranteed.

  • Phillip Coorey
Korean shipbuilders Hanwha Ocean and Hyundai Heavy Industries have their Daegu class frigate under consideration for the Australian navy’s general purpose frigate.

Hanwha could face long wait for answer on Austal bid

The Albanese government is likely to prioritise picking a new frigate design over considering a foreign takeover bid for the Perth shipbuilder.

  • Andrew Tillett
Victorian Treasurer Tim Pallas will deliver his 10th budget on Tuesday.

Housing focus as Pallas warns of horror Victorian budget

Economists warn that Victoria has no choice but to cut spending in next week’s budget, after slugging businesses and property investors last year.

  • Gus McCubbing
Few options exist for employers such as DP World faced with various types of legal industrial action.

Blow to China’s bid to join trade pact

New Productivity Commission modelling has found there would be little economic benefit to Australia if China was admitted to the trans-Pacific free trade deal.

  • Andrew Tillett
The pro-Palestinian encampment at the University of Sydney.

Dutton calls on unis to shut down pro-Palestinian protests

Peter Dutton says vice chancellors are tolerating racist protests on their campuses and should shut the activists down.

  • Julie Hare
“It’s why there will be financial incentives, regulatory changes and other enablers,” the treasurer said.

PM, Chalmers mull go-it-alone power price discounts

The Albanese government is considering a second round of power bill discounts, on top of $1000-per-household credits promised by the Queensland government.

  • Phillip Coorey
There was no sign of big picture thinking from first ministers at this week’s national cabinet.

Nordic paradox: how male resentment fuels domestic abuse

Closing gender pay gaps fuels domestic violence, pointing to the deep challenges to stop the societal scourge.

  • Tom Burton
xx

NAB’s ‘astonishing’ number; Woolies’ warning; Fed’s ‘confidence’ trick

Read everything that’s happened in the news so far today.

City of Sydney RSL Club was among the compromised venues.

Police move to take down website with Clubs NSW data

Cybercrime detectives are urgently working to have a site involved in a major data breach taken offline; Union warns data breach points to perils of offshoring IT jobs. How the day unfolded.

  • David Marin-Guzman
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Chinese investment critical to reach net-zero goals

Clean energy experts warn moves that limit Chinese investment in Australia could undermine the Albanese government’s green energy goals.

  • Ronald Mizen, Elouise Fowler, Simon Evans and Ben Potter
Protesters hold placards of women who were killed in alleged incidents of gender-based violence.

Domestic violence rates fall over decades but one stat hasn’t changed

The rate of women killed by their partners has fallen by two-thirds over the past 34 years, but women remain twice as likely as men to be victims of intimate partner homicide.

  • Tom Burton
“It’s why there will be financial incentives, regulatory changes and other enablers,” the Treasurer said.

Chalmers flags budget tax breaks

Treasurer Jim Chalmers has kept open the prospect of tax incentives in the budget as business warned that changes to foreign investment rules were not enough to attract needed capital.

  • Phillip Coorey
Prime ministers Anthony Albanese and Narendra Modi have forged a strong bond.

Wong warns on foreign interference after Indian spies expelled

Revelations Indian spies were asked to leave Australia in 2020 suggest Western intelligence agencies are unhappy about New Delhi’s espionage tactics.

  • Andrew Tillett and Emma Connors
Jim Chalmers

Sims, Harris soften stance on Made in Australia Act

Two critics of the government’s Future Made In Australia Act have softened their views after Treasurer Jim Chalmers outlined five criteria for support.

  • Phillip Coorey