After conquering the ASX to win the top job at the fund, the new CIO must now fix a $70 billion private asset black hole that threatens to wipe out his gains.

#australia #super #shaun-manuell

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Fuel cost surge wipes 15pc off Olympics contractor profit

Building & Construction

2w ago

Fuel cost surge wipes 15pc off Olympics contractor profit

Brisbane-based BMD Group, which is doing early works for Brisbane’s new 2032 stadium, says soaring diesel prices are forcing clients to recut budgets.

#olympics #brisbane

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Why inflation data may be unnecessarily driving interest rates higher

Business & Economy

2w ago

Why inflation data may be unnecessarily driving interest rates higher

The ABS may be overstating Australia’s inflation problem – just look at cigarettes, solar energy and electric cars.

#interest-rates #renewable-energy #inflation

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Corruption now a top midterm election decider, says former Trump aide

Politics & Governance

2w ago

Corruption now a top midterm election decider, says former Trump aide

Former chief of staff Mick Mulvaney says perceptions of corruption in the president’s inner circle have become a “winning argument” against voting for Republicans.

#us-midterms #trump #election

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Steve Bannon: Republicans will erupt in ‘civil war’ after midterms

World News

2w ago

Steve Bannon: Republicans will erupt in ‘civil war’ after midterms

Donald Trump’s chief strategist in his first term says the Republican Party is being torn apart by Israel, Iran, immigration and the so-called “deep state”.

#trump #republicans #bannon

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More violence in Paris as European youth protests widen

World News

2w ago

More violence in Paris as European youth protests widen

Thousands of Germans took to the streets for the first time in anti-government demonstrations, sparking sporadic clashes with police.

#paris #europe #protest

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Rising prices from wars stoking social unrest in Europe: Wong

World News

2w ago

Rising prices from wars stoking social unrest in Europe: Wong

Speaking at the end of a G20 foreign ministers meeting in the US, the foreign minister said the wars’ impact on fuel and shipping costs had hit consumers’ pockets.

#europe #wong

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Australian News LIVE: US Embassy warns of mass casualty threat at Moscow museum; Warner slams batting collapse in Cape Town

World News

2w ago

Australian News LIVE: US Embassy warns of mass casualty threat at Moscow museum; Warner slams batting collapse in Cape Town

Embassy warns citizens to avoid palace museum; David Warner slams ‘un-Australian’ batting collapse in Cape Town. Follow for updates.

#embassy #moscow #warner

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Does this new-generation electric BMW live up to the hype?

Building & Construction

2w ago

Does this new-generation electric BMW live up to the hype?

The German maker’s long-awaited iX3 has finally landed on Australian roads – and it’s a breath of fresh air in a market crammed with mid-sized electric SUVs.

#bmw #australia

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World News

2w ago

How to spend 48 hours in Auckland

New Zealand artist Jade Townsend spends her weekends dining out at the city’s best restaurants, exercising and browsing shops for records, books and jewellery.

#new-zealand #auckland #jade

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Who flouted Derby Day’s election Birdcage ban?

Politics & Governance

2w ago

Who flouted Derby Day’s election Birdcage ban?

The Victorian election hung over Flemington Racecourse on Saturday.

#birdcage #election #derby

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Record high to correction in 26 days: AI fears arrive all at once

Technology

2w ago

Record high to correction in 26 days: AI fears arrive all at once

The AI trade that has propped up markets for four years is suddenly fraying, with a string of bad news this week leading to a horror night on Wall Street.

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