Today
- Exclusive
- Hotels
Pro-invest tips $1b Holiday Inn Express portfolio onto the market
Pro-invest is confident institutional investors will want to get their hands on a portfolio of eight Holiday Inn Express hotels it has opened over the last six years.
- 1 hr ago
- Larry Schlesinger
Big malls’ $1.5b sales bonanza
The flurry of deal-making comes as borrowing costs begin to rise: higher margins on commercial debt will further squeeze the return for property investors, pushing them to lock in better yields.
- 1 hr ago
- Nick Lenaghan
Home builders push for easier energy standards
The lobby group for volume builders says it has backing for a new measure assessing energy efficiency. The Green Building Council says it’s the wrong move.
- Michael Bleby
Indigenous Voice won’t be ‘third chamber’: Law Council
The Law Council says concerns expressed by leading Coalition figures about the Indigenous Voice are ‘misplaced’.
- Michael Pelly
Star’s Sally Pitkin, John O’Neill in director masterclass
There goes another company director grasping for an external explanation for their own human failure of oversight.
- Joe Aston
Inside Labor’s ‘no dickheads’ campaign for victory
From having a no-booze campaign office, to a ‘no dickheads’ recruitment policy, Labor insiders say the party’s national secretary and Anthony Albanese’s chief-of-staff put together the perfect campaign team.
- Ronald Mizen
Chalmers mulls first review of RBA in 30 years
Treasurer Jim Chalmers is preparing to take to cabinet a model for the proposed review of the Reserve Bank of Australia, as he considers the involvement of Treasury or an outsider.
- John Kehoe
Snap: profit warning highlights more than macroeconomics
Rising user numbers are not enough to save the company from falling revenue growth.
- The Lex
ANZ CEO worried that returning to the office has stalled
One in five staff have not returned to the office at all since March, says Shayne Elliott.
- Patrick Durkin and Natasha Boddy
Chalmers ‘dire’ budget pressure warning
Treasurer Jim Chalmers has warned the dire budget position and “skyrocketing” inflation mean Labor cannot afford extra spending beyond its election commitments.
- Updated
- John Kehoe and Ronald Mizen
Labor pushes ahead in crucial seat of Brisbane
Labor is still agonisingly short of the 76 seats required for majority government, but ALP insiders are confident the party will reach the target and won’t need to negotiate with the crossbench.
- Mark Ludlow
‘This is unprecedented’: Energy bill shock hits industry
Steep power and gas price increases for manufacturers will mostly flow through to customers and further fuel inflation, but some may shut their doors.
- Angela Macdonald-Smith and Simon Evans
- Opinion
- The AFR View
Tokyo shows the new PM’s no dove on China
Anthony Albanese’s bipartisan backing of the Quad is a confidence-building start by a prime minister from the Socialist Left once associated with Labor’s Midnight Oil wing.
- The AFR View
Labor win ‘good news’ for class actions
The Albanese government is expected to ditch Coalition reforms aimed at regulating class actions
- Michael Pelly
Hooked on hospitality, Glenn Piper’s spending spree closes on $100m
Hook Island in the Whitsundays is the latest hospitality acquisition for Glenn Piper, who has snapped up four properties in just over two years.
- Martin Kelly
China seeks Pacific islands policing, security deal
China will seek a region-wide deal with almost a dozen Pacific islands when Foreign Minister Wang Yi hosts a meeting in Fiji next week.
- Kirsty Needham, Phillip Coorey and Andrew Tillett
McGowan defends Scarborough gas project for lowering emissions
The WA premier says that if Australia does not sell gas to its customers in Asia, ‘they will burn coal’ and create two or three times the emissions.
- Jacob Greber and Michael Bennet
Better than renting: Steakhouse king to build property empire
Bradley Michael, whose Seagrass Hospitality owns brands like Meat & Wine Co and Ribs & Burgers, says he will acquire sites rather than pay exorbitant rents.
- Larry Schlesinger
- Analysis
- Japan
Quad talks tough as North Korea responds with missile tests
As the Quad’s democratic leaders talked tough on Ukraine and Taiwan, the autocracies responded with missile launches and warplane sorties. There are still limits on how far the US and its allies in Asia can go to prevent a conflict in the region.
- Updated
- Michael Smith
Appen next up in M&A firing line, Barrenjoey called in for defence
It’s bombed-out AI software company Appen’s turn to go through a round of takeover talks, after attracting interest from an offshore suitor.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
