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The Latest Breaking News from AFR

News Corp warns millions of renters ‘crucified’ as Murdoch papers fan negative gearing hysteria

Tabloids say Australia’s economic system would collapse after Albanese leaves door slightly open on tax concession. Plus: John McDonald’s contribution reviewed by AFR

The Guardian - AU

Labor’s primary vote falls in hung Parliament power race

Labor’s primary vote falls in hung Parliament power race

New polling shows Labor’s primary vote is continuing to fall, and Peter Dutton is standing by his nuclear pitch (but continues to withhold the project’s costing).

Time for the Financial Review to be honest: It wants a punitive recession

Time for the Financial Review to be honest: It wants a punitive recession

The AFR should stop misleading its readers and be upfront about what it wants: a recession to inflict misery on workers.

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Half of new 2024 jobs were public sector: ABS

Federal Parliament resumes today with the government under pressure on the state of the economy, and Julia Gillard celebrates the 30th anniversary of Labor’s gender quotas.

The weak economy is at a painful turning point, one that might finally prove to be unspinnable

The government’s economic critics want it both ways — complaining it’s not doing enough to lower inflation while also not doing enough to support growth.

Keating’s vision for super is crumbling. Good

Keating is lauded for his role in establishing compulsory superannuation. But his reasons for resisting Labor’s current changes cast his vision for the system in a more questionable light.

Chalmers gets philosophical while Dutton goes after corporations

While the treasurer is talking about the ‘fourth economy’, Peter Dutton is living out the transition by attacking corporations for gouging consumers.

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Zali Steggall stands by telling Dutton to ‘stop being racist’, yet is no Green on Gaza

Zali Steggall stands by telling Dutton to ‘stop being racist’, yet is no Green on Gaza

Independent MP Zali Steggall tells Crikey she wasn’t planning to call the opposition racist but did so after heckling.

Senior journalists leave Sydney Morning Herald, Age and AFR in huge talent exodus

Senior journalists leave Sydney Morning Herald, Age and AFR in huge talent exodus

Up to 85 staff take a voluntary redundancy after Nine newspapers announced it was cutting 200 jobs

The Guardian - AU

‘Game of Thrones’: AFR editor blindsided as Nine inundated with voluntary redundancy applications

‘Game of Thrones’: AFR editor blindsided as Nine inundated with voluntary redundancy applications

Nine CEO defends highly publicised decision to carry the Olympic torch in Paris. Plus: ABC revives beloved news theme

The Guardian - AU

London stabbing victim an 11-year-old Australian

London stabbing victim an 11-year-old Australian

The victim of a random attack in London this week was revealed to be a young Australian girl, and mortgage holders are spending record amounts of their income on their loans.

One in three students not meeting benchmarks

One in three students not meeting benchmarks

The latest NAPLAN results show Australian students are struggling with literacy and numeracy, and the City of Melbourne has banned e-scooters, saying they ‘create havoc’.

Labor defends partial gambling ad ban

Labor defends partial gambling ad ban

Labor says it’s helping free-to-air media survive by not backing a total gambling ad ban, and Fatima Payman is leading the charge of independent candidates in heartland Labor seats.

What do we know about Labor’s gambling advertising reform? Not much, thanks to obsessive secrecy

What do we know about Labor’s gambling advertising reform? Not much, thanks to obsessive secrecy

The federal government has reportedly made stakeholders sign NDAs, and has redacted swathes of information from documents released under FOI. Here are the details we can glean from under the blanket of secrecy.

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Interest rates could fall by Christmas

A shocking day on the stock market has stoked fears of a US recession (though Australian rate cuts could be the silver lining), and crossbenchers are mad about the government’s proposed gambling ads policy.

Could government bail out Rex?

Any potential buyers for the airline would need to make a massive investment in new planes, and the latest Closing the Gap report is deeply concerning for First Nations peoples.

Burke to Indonesia, Dutton to Israel

The new home affairs minister is off to Indonesia to talk security and people smuggling, while Clare O’Neil tries to convince Australians Labor’s housing investment is enough.

The Guardian - AU

Labor ministers withdraw from AFR summit due to Nine journalists’ strike

Exclusive: Bill Shorten, when asked if he, Katy Gallagher and Murray Watt were uncomfortable about crossing the picket line, said ‘the AFR cancelled the conference’

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If the CFMEU has infiltrated Cbus, retail superfunds should ask for the same treatment

Is the presence of the CFMEU in the construction industry superfund Cbus a worry? Not based on all the awards it keeps winning.

The Guardian - AU

Michael Stutchbury resigns as editor-in-chief of the Australian Financial Review

Publication’s longest-serving editor calls time amid unrest at Nine Entertainment over job cuts and and latest pay offer

The Guardian - AU

Gina Rinehart retains top spot on rich list as 200 wealthiest Australians see fortunes grow by 11%

Technology figures including Afterpay founders rise up AFR rich list rankings, reflecting ‘changing nature’ of Australian economy

Hope you enjoyed your wages growth, that’s it for now

So much for the wage-price spiral — or even for real wages growing. The latest Wage Price Index data show wages growth has peaked and is now falling.

Nine and Seven in a huge fight over a whopping 2,000 newspapers

Two of the biggest players in Australian media have got their gloves off, and it’s on for young and old! But who actually cares?

The Guardian - AU

Nine’s AFR print edition to cease in WA after Seven’s press doubles production price

Seven says decision purely commercial but Financial Review editor accuses rival company of ‘abuse of market power’

Albo commits to gas past 2050

Labor says we’ll be using gas well past 2050, Jason Clare backtracks on his Palestine chant statement, and Greg Hunt goes after the COVID-era premiers for their ‘unilateral’ decision making.

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