Business
Market movers
Opinion
Inside China
China’s $217 billion attempt to stimulate a sluggish economy
China has announced spending that will make its budget deficit the largest in 30 years. It’s the biggest attempt yet to lift a weak growth rate that is threatening Xi Jinping’s long-term ambitions.
- by Stephen Bartholomeusz
Currency
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Companies
Prosecco over champagne, mince over steak: Coles shoppers trade down, down
Australia’s second-largest supermarket chain is readying for a Christmas spent at home – but its first-quarter results have undershot expectations.
- by Jessica Yun
Facebook parent Meta posts bumper result, but outlook is ‘uncertain’
The owner of Facebook, Instagram and WhatsApp unveiled its strongest growth in two years, but warned the economic outlook may hurt its sales.
- by James Titcomb
Markets
Opinion
Inside China
China’s $217 billion attempt to stimulate a sluggish economy
- by Stephen Bartholomeusz
The economy
Opinion
School funding
How identity politics has plunged our public schools into crisis
- by Ross Gittins
Opinion & Perspectives
China’s $217 billion attempt to stimulate a sluggish economy
China has announced spending that will make its budget deficit the largest in 30 years. It’s the biggest attempt yet to lift a weak growth rate that is threatening Xi Jinping’s long-term ambitions.
Stephen Bartholomeusz
Senior business columnist
Continuous explosions: Magellan chief executive exits with a bang
It is paradoxical that Andrew Formica says the key to stemming the outflow of funds across Magellan’s products is to have “less noise” when the shock departure of the chief executive screams chaos.
Elizabeth Knight
Business columnist
China’s slowdown and the looming glut of fossil fuels
The International Energy Agency predicts peak demand for oil, gas and coal within this decade. It would be grim news for major fossil fuel exporters like Australia.
Stephen Bartholomeusz
Senior business columnist
Banking & finance
Entrepreneurship
F45 on its knees after $US370m loss; celebrities seek damages
The Mark Wahlberg-backed fitness franchise F45 is hanging by a thread after restated financial accounts reported a $US370 million loss over the last two financial years.
- by Colin Kruger
Inside ex-Merivale exec’s plans to revamp Sydney dining empire Boathouse Group
Antony Jones is putting more than a decade of experience at Merivale to good use as he leaves no stone unturned to expand the once-collapsed portfolio of seaside cafes.
- by Jessica Yun
Media
Workplace
Remote employees don’t ‘work as hard’, says private equity billionaire
- by Adam Mawardi and James Warrington
Exclusive
Flexible working
‘It’s a privilege, not an entitlement’: Medibank to trial four-day work week
- by Jessica Yun