ASX Australian shares poised to open lower, S&P 500 closes lower

Australian shares are poised to open lower after Wall Street closed mixed. The S & P 500 ended lower in a choppy session. ASX futures were down 40 points or 0.61 per cent to 6466 near 6.30am AEST. T..

Infrastructure projects: Investors brace for budget cuts

The 2022 Australian Infrastructure Investment Report, by Infrastructure Partnerships Australia and law firm Allens, found there was a “wall of private capital hungry for a home”. The report surveyed ..

Nick McKim tilts at for-profit windmills

Here, McKim errs in both fact and premise. The original Coalition laws mandated itemised disclosure, for both industry and for-profit retail funds, including for any payments to (an extremely broad de..

Big Four accounting firms dodge a bullet

What could go wrong? A lawsuit against EY in the US offers some possibilities. Back in June, EY agreed to pay $US100 million to the Securities and Exchange Commission after hundreds of its auditors c..

How many people is too many in this much-loved US national park?

The sudden return to peace and calm during the long pandemic pause gave park lovers cause to rethink the rules. As visitors begin returning in greater numbers (around 3 million are said to have visit..

UK tax-cutting spree will require 'significant' response, BoE warns

But Mr Pill acknowledged that the government’s £45 billion ($75 billion) slate of tax cuts would “act as a stimulant to demand”, and this “looser fiscal policy ... will require a significant monetary ..

HESTA to keep pressure on AGL over its energy transition

Ms Blakey said HESTA seeks to be clear on its priorities with all ASX300 companies, and will begin its escalation process if it feels it not “getting traction” on how systemic risks are being managed...

Company directors urged to review auditors every five years

Audit quality is undergoing an unprecedented period of scrutiny globally amid high-profile scandals such as the Wirecard saga, parliamentary inquiries and possible regulatory reform. Other countries ..

Nearmap investors rally to try to block Thoma Bravo

“In our view, $2.10 barely covers the Australian operations, with little being offered for Nearmap’s rapidly growing North America business, which is now the largest source of revenue.” Sterling’s vi..

Jarden hits the phones for robot bricklayer FBR

Listed bricklaying robot maker FBR is getting on the front foot following construction giant Brickworks’ renewed interest in the business, bringing in Jarden Australia to tee up chats with fund manage..

Optus cyberattack: telco was smart to get cyber insurance against hackers

Singtel chairman Lee Theng Kiat and fellow directors, including former Westpac colleagues Gail Kelly and John Arthur, have been in Sydney this week for a board meeting and special dinner on Tuesday ni..

He's back. Italy's Berlusconi wins Senate seat after tax ban

His third and last premiership had ended abruptly in 2011, when financial markets lost confidence that the billionaire media magnate could manage Italy’s finances during Europe’s sovereign debt crisis..

EY tragedy needs to spur professional services workplace reform

In the immediate aftermath, we tend to see first the least useful responses, namely those that seek to attribute blame. As there are more than 3000 deaths every year due to suicide, the reality is tha..

This entrepreneur has fought Google for years. The endgame is near

Unlockd had relied on the Google Play app store to distribute its products and its mobile advertising network AdMob to source advertisements to display to users when they unlocked their phones. When i..

Only 2pc of Australian firms are global leaders: review

“For example, information about advances and how businesses are tracking compared to industry best practice needs to be taken up more broadly. Many businesses undertake little or no assessment of thei..

Grim Chalmers looking for excuses to tax and spend: Taylor

He will say Labor is talking down the budget because it is building a case to spend and tax more. Last week, Dr Chalmers revealed the budget deficit for last financial year will now be about $50 bill..

Real estate fundie Valore eyes $1b for new fund

Busy Melbourne property developer Ross Pelligra is opening his contact book and deal pipeline for real estate fund manager Valore Investment Partners, as it hits the fundraising trail with its first f..

KPMG appoints three new partners

Tim Plenderleith is also joining KPMG after more than 20 years at engineering firm Aurecon, as a partner in the firm’s infrastructure team. He will work in the assets and places division of KPMG’s in..

Optus breach needs federal response

This includes identifying all material risks, establishing appropriate strategies to minimise or eliminate the risk of hazards, putting in place “enhanced cybersecurity controls”, and having “robust p..

IMF bailouts hit record high as global economic outlook worsens

Kevin Gallagher of Boston University’s Global Development Policy Centre warned that “only so many countries” could receive IMF support without “snapping the IMF balance sheet”. Mr Gallagher is co-aut..
The Australian Financial Review (abbreviated to the AFR) is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New South Wales, Australia; owned by Nine Entertainment and has been published continuously since its founding in 1951. In November 2019, the AFR reached 2.647 million Australians through both print and digital mediums (Mumbrella). In more recent years, its editorial stance and news coverage has become more neutral; however, the AFR is still considered moderately conservative in its reporting bias with regards to free-market regulation policies, but relatively close to the centre in its political views amongst Australian newspapers.
Newsdesk intends to be the most comprehensive news aggregator for the Australian Financial Review, bringing you breaking news from around the world reported by the Australian Financial Review online. If you need the latest headlines from daily news sources , breaking news this week, you don't need a daily newspaper anymore - use Newsdesk to keep up with the relevant news you need. This feed on the Australian Financial Review news updates itself 24/7, continuously adding latest stories from numerous news sources, so that you can get a full perspective. No news source is censored - all perspectives are important.
Intersting Reads

Damage to Canada from storm Fiona is 'unprecedented'

A fallen tree lies on a crushed pickup truck following the passing of Hurricane Fiona, later downgraded to a post-tropical storm, in Halifax, Nova Scotia, Canada September 24, 2022. REUTERS/Ted Pritch..

How CeeDee Lamb got redemption in Cowboys win vs. Giants- ESPN

EAST RUTHERFORD, N.J. – As he walked to the Dallas Cowboys’ buses after the 23-16 win at the New York Giants Monday night, CeeDee Lamb could only shake his head. “I’ve worked so hard just on catching..

Kwasi Kwarteng declines to comment as pound hits all-time low against US dollar

Chancellor Kwasi Kwarteng declined to comment when questioned about the pounds plummeting performance against the dollar following his £45 billion tax cuts. Sterling plummeted to its lowest level aga..