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Skip to navigation Skip to content Skip to footer Help using this website - Accessibility statement Today's Paper Markets Data Events Lists Australian Financial Review Menu Search Newsfeed Newsfeed Home Companies Financial Services Mining Professional Services Retail Telecommunications Energy Healthcare & Fitness Infrastructure Transport Media & Marketing Gaming & Wagering Manufacturing Agriculture Sport Tourism Markets Equity markets Commodities Currencies Debt markets Markets Live Markets Data Street Talk Politics Federal Canberra Observed Federal Election Policy Economy Energy & Climate Foreign Affairs & Security Tax & Super Health & Education Public Service World North America Asia Europe Middle East Pacific South America Central America Africa Property Residential Commercial Technology Fintech Start-ups Social Media Enterprise IT Technology Reviews Opinion The AFR View Chanticleer Rear Window Letters to the Editor Wealth Investing Personal Finance Superannuation & SMSFs Tax People Rich List Young Rich Work & Careers Careers Workplace Management Education Leaders BOSS Women of Influence Power List Life & Luxury Travel Cars, Bikes & Boats Health & Fitness Food & Wine Fashion & Style Arts & Culture Design LUXURY AFR Magazine Sophisticated Traveller Life & Leisure Search Home Companies Markets Street Talk Politics Policy World Property Technology Opinion Wealth Work & Careers Life & Luxury More Today's Paper Markets Data Events Lists Advertisement AUDUSD 0.7027 -0.0018 ( -0.26 %) -0.26 % SPI 200 5951.00 21.00 ( 0.35 %) 0.35 % S&P/ASX 200 5964.90 89.00 ( 1.51 %) 1.51 % All Ords 6140.50 84.00 ( 1.39 %) 1.39 % NZX 50 4963.62 45.10 ( 0.92 %) 0.92 % Hang Seng 23235.42 -75.65 ( -0.32 %) -0.32 % Nikkei 23204.62 116.80 ( 0.51 %) 0.51 % View all Coronavirus pandemic Mikakos resignation 'appropriate': Andrews Victorian Premier Daniel Andrews said the resignation of Health Minister Jenny Mikakos, after he blamed her the botched hotel quarantine program, was "appropriate". The Premier said he would not be resigning. Martin Foley will be the new Health Minister. Read the Mikakos statement in full The vaccine alternative no one is talking about Six months later, Australia tames the virus Trump's White House Trump plans to name Barrett to US Supreme Court If confirmed by the Senate, Barrett, 48, would become the third justice appointed to the nine-member high court by Trump. Sharemarket Wall Street closes higher as tech rebounds "The reality is that 2021 is going to be a much higher stock market and you're probably going to see tech still lead the way," Edward Moya. Opinion Chanticleer Afterpay CFO's sky-high value defence Technology companies are valued differently in the United States and there is good reason for that, according to Afterpay's outgoing chief financial officer. It is all about growth. Interest rates Markets grow confident of RBA rate cut Economists are looking at the three-year bond rate to calculate what odds the market is assigning to a rate cut at the October meeting, and it turns out to be a live one. Investment banking Who's coming to eat Macquarie, UBS's lunch? For at least the past five years, UBS and Macquarie Capital have consistently been in the market's top three investment banking revenue earners. But now might be the moment to break that stranglehold. Gold Second takeover battle looms over coal baron's gold tilt Chris Wallin's QGold is due to mandate remaining Strategic Minerals shareholders to relinquish their holdings. It is not the first time the takeover bid has hit resistance. Coronavirus pandemic The vaccine alternative no one is talking about Coronavirus pandemic Six months later, Australia tames the virus United Nations PM doubles down on China virus probe Sharemarket Where to now for tech stocks? Street Talk Ex-Christian Super CIO joins wealth management outfit Big Japanese bolter in contention for John Laing portfolio AUB Group taps PwC for allied health unit retreat Chanticleer Afterpay CFO's sky-high value defence Premier's online investment pays off Lessons from Westpac's $1.3b penalty Rear Window Afterpay missed a trick with CFO succession Geoff Wilson's franking battles aren't over Emma Alberici joins insurance comparison website Advertisement Companies Gas crisis The battle over Narrabri gas explained Political pressure is strong for the NSW Independent Planning Commission to approve Santos' Narrabri gas project but doubts around risks to water, in particular, won't go away. Gender pay gap Why the virus has set corporate women back The former Jetstar boss, set to join Virgin Australia's board, says unconscious bias training, tax incentives and flexible work are needed to address the gender pay gap. Mining PKKP says Rio Tinto didn't do enough to avoid Juukan Gorge blasts The traditional owners of Juukan Gorge want to limit expansion of a Rio Tinto iron ore mine and 'wholesale amendments' to their land use agreement. Gold Second takeover battle looms over coal baron's gold tilt Chris Wallin's QGold is due to mandate remaining Strategic Minerals shareholders to relinquish their holdings. It is not the first time the takeover bid has hit resistance. Social media TikTok exec says it doesn't censor content with China in mind TikTok has come under intense scrutiny due to its ownership by private Chinese company ByteDance and links to the Chinese Communist Party. Responsible lending Banks surge on responsible lending wind-back Banks and the Property Council have welcomed plans to remove ASIC from policing responsible lending laws, saying this will speed up loan approvals and bring investors back to the real estate market. Responsible lending Consumers lash 'responsible lending' rollback Consumer advocates have slammed the Morrison government's proposed credit regulation reforms, claiming it will get more Australians into debt they can't afford. Labor is lukewarm on the changes that won't start until March. Markets Responsible lending Banks surge on responsible lending wind-back Banks and the Property Council have welcomed plans to remove ASIC from policing responsible lending laws, saying this will speed up loan approvals and bring investors back to the real estate market. Sharemarket Wall Street closes higher as tech rebounds "The reality is that 2021 is going to be a much higher stock market and you're probably going to see tech still lead the way," Edward Moya. Shares ASX seals best week in six as banks rally The ASX sealed its best week in six after banks rallied on the surprise easing of responsible lending guidelines. The benchmark index rose 1.7 per cent in five sessions. Markets Live Banks rally lifts stocks to best week since mid-August The sharemarket advanced 1.7 per cent over the week as banks enjoyed a massive rally on Friday. Westpac's 7 per cent surge helped steer the S&P/ASX200 Index 1.5 per cent higher on Friday as the government moved to relax responsible lending rules. Analysis Sharemarket COVID-19 rewrites how to value tech stocks The digital disruption unleashed by COVID-19 has left investors grappling with how to value companies that offer exposure to the allure of fast-paced growth beyond the horizon. Opinion Coronavirus pandemic What governments have learnt from Victoria's second wave A proud medical history is not the same as a disciplined command and control system operating on the ground. Tom Burton Government editor Coronavirus pandemic The buck stops with Daniel Andrews I do not know who made the decision to use private security guards, says Victorian Premier Daniel Andrews, while laying the blame for the hotel security disaster on his health minister Jenny Mikakos. Patrick Durkin BOSS Deputy editor Coronavirus pandemic With the virus at bay, let's win back prosperity Governments must seize the momentum from beating the virus to drive reforms that will lock in recovery. The AFR View Editorial RBA Why the RBA is delayi...