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The Latest Breaking News from AFR

The media needs to stop presenting objectively rich people as battlers

For those scratching to pay rent and buy food, it’s irresponsible to portray self-described ‘not rich’ Airbnb owners as victims.

Crikey

What Tim Gurner’s headburp tells us about politics today

Capitalism can’t afford high unemployment anymore, and Labor is the one enforcing most of the pain. What’s this political cosplay all about?

Crikey

Productivity Commission shows workers are being ripped off, then tries to explain it away. Your pay packet tells the real story

Has business taken higher labour productivity for itself rather than sharing it through higher wages? The Productivity Commission says no — if you assume the right things…

Crikey

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Australians are working harder than ever. Big companies are the real productivity problem

If there’s a ‘productivity crisis’ in the Australian economy, it’s one created by big businesses enjoying market power, not workers who have been punished for years.

Crikey

Amanda Vanstone’s expletive-laden insult of radio show guest caps off ABC’s hellish week

Former Howard government minister and host of RN’s Counterpoint program leaves science educator Corey Tutt in disbelief. Plus: wireless wipeout in Melbourne

The Guardian - AU

The right’s nuclear stupidity is enough to make us cough up Phlegm Orville

The right’s love of small modular reactors is scam used by fossil fuel interests to try to delay meaningful climate action.

Crikey

Peak AFR: in a single day paper launches ‘prestige’ watch fair and argues CEOs aren’t paid enough

It wasn’t enough to argue CEOs should be paid more while Australia struggles with a cost-of-living crisis, the Fin also wants to sell us some 80 grand watches.

Crikey

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Liquidate them all, says the AFR, where too many rate hikes are barely enough

The RBA can’t stop lifting interest rates just because inflation is falling, says the Fin. The real problem is pesky workers.

Crikey

The AFR shits all over its own excellent PwC work

The Fin uses the bold strategy of ‘what if everything we spent months helping to expose wasn’t all that big a deal?’

Crikey

Michael Pascoe: IKEA and Netflix tax scandal overshadows shameful PwC saga

IKEA and Netflix are just two quick examples of the ongoing, massive and very successful tax minimisation industry here.

The New Daily

To build better cities, we need to build better YIMBYs

When your whole raison d’être is built on credulous premises, it’s time to get real. ‘Yes In My Backyard’ is a fine concept but needs smarts.

Crikey

What is the PwC tax scandal? Who is Peter-John Collins? Who knew about it? Why does it matter?

Consulting giant PwC is embroiled in a scandal of its own doing, having used confidential government information to benefit its bottom line. Here's how it happened, and what consequences the firm is facing.

ABC News

The rich lists used to be compelling reading. What happened?

Back in the day the whole country would pounce with glee on the AFR’s annual Rich List, but these days it’s a shadow of its former self.

Crikey

Rank hypocrisy: Seymour takes the fall as PwC enters reputation rehab mode

PwC touts itself as a ‘community of solvers’ with the aim of building trust and creating positive outcomes. Now the ugly truth is emerging.

Crikey

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The New Daily

Can’t take the heat: Qantas banishes newspaper over columnist’s critique

Copies of the Australian Financial Review have disappeared from Qantas lounges, with the airline reportedly fed up over bad press.

Crikey

The AFR, lead denialist of profit-driven inflation, quietly boosts its cost

The newspaper that rails against inflation has raised its cover price by 25% in the past couple of years.

The Guardian - AU

Peter Dutton believes he has found Labor’s weak spot – but can he move beyond defending millionaires?

The Coalition sought to embarrass Stephen Jones as it tried to construct a broader narrative about broken promises

Newcastle Herald

Orica says federal emissions reduction changes 'a brick through the window' of Kooragang plant

Orica slams Canberra over carbon credits

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Crikey

The wage crisis conversation has to change

While Australian individuals and small businesses struggle with inflation and a high cost of living, large corporations are reporting record profits.

The New Daily

No such thing as a free lunch. Questions for RBA governor Philip Lowe about ‘cosy’ meeting

RBA governor Philip Lowe will be asked to explain why he privately briefed elite bankers about the ninth consecutive rise in interest rates – during a

The Guardian - AU

AFR takes up the cause of ‘unfairly maligned billionaire’ Gina Rinehart

Mining magnate praised for her ‘life-changing generosity’ in a series of flattering portraits. Plus: ABC’s board tussle

AAP

Nine to pay $545k after defaming PNG minister

Nine will have to pay $545,000 to Papua New Guinea politician William Duma over a series of defamatory AFR articles that falsely accused him of corruption.

Crikey

A nuclear pact between friends

Prime Minister Anthony Albanese says he would have signed up to the AUKUS deal with the US and UK if he had been PM at the time, and he has asked Opposition Leader Peter Dutton just what will it take to get his support for an Indigenous Voice to Parliament.

Crikey

Dutton speaks with forked tongue: Dreyfus

The attorney-general wants the Liberal leader to declare one way or another if he will support enshrining an Indigenous Voice in the constitution.

Crikey

Coal hard cash

In alleged acts of ‘environmental vandalism’, Australia’s coal exporters have been faking data about their ‘clean’ coal, and dumped Liberal upper house candidate in Victoria Renee Heath is calling in the lawyers.

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