3G Capital to acquire shoemaker Skechers for $US9bn
Skechers is being acquired and taken private by the investment firm 3G Capital. The board of Skechers unanimously approved the $US9 billion ($A14 billion) deal, the companies said on Monday.…
Global economy already feeling drag from Trump tariffs
US President Donald Trump’s tariffs are increasingly clogging up the wheels of a world economy that for decades were greased by predictable and relatively free trade. Big-name multinationals right down…
PM stares down political rivals after landslide victory
Prime Minister Anthony Albanese has taken his election landslide as a mandate to press ahead with key reforms as he stares down the Greens on housing. Despite winning a substantial…
‘We continue the work’: PM hits ground for second term
Anthony Albanese has pledged to take up the hard work of leading for a second term as prime minister after winning a massive vote of confidence from Australians. In his…
Labor moving on student debt promise, Liberals flounder
Labor is pushing ahead with priority reforms such as slashing student debt after a historic election win, as Prime Minister Anthony Albanese meets with his top generals to plot the…
Westpac profit ticks lower, warns on global volatility
One of Australia’s big four banks has praised the resilience of its customers as they faced up to cost of living issues. Westpac also said there was welcome relief on…
Liberals told to drop culture wars as count continues
Anthony Albanese is bringing together his top generals to nut out the government’s first priorities as the Liberals lick their wounds ahead of anointing a new leader. Labor won a…
Soul searching for coalition after poll thumping
The coalition will be forced to carry out a “fundamental reorganisation” of the party’s structure to ensure its ongoing relevance to voters after its election wipeout, a leading pollster says.…
Albanese takes victory lap after Labor landslide
Anthony Albanese has pledged unity in his second term as more Labor MPs are elected to parliament in a decisive victory for his government. Labor stormed home to victory in…
Overseas rates decision to dominate domestic chatter
When the United States speaks, Australian investors listen. And they will be doing so very closely as the much-anticipated US rates decision is handed down on Thursday. Federal Reserve chair…