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1 month ago | 
afr.com | Michelle Bowes |Andrew Hobbs
Labor’s plan for a new tax on superannuation accounts with high balances has attracted loud criticism for upending the fundamentals of the tax system. Everyone, from venture capitalists to farmers, have identified flaws that, at the very least, reveal what might be unintended consequences of a tax that targets both unrealised gains and is not indexed, meaning it has all the weaknesses of the bracket creep-plagued income tax system. Loading...
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1 month ago | 
afr.com | Lucy Dean |Andrew Hobbs
May 6, 2025 – 5.00am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Labor promised cash for almost everyone on the way to its emphatic win on Saturday. But that, plus other big spending measures and large budget deficits, could keep interest rates higher for longer.
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1 month ago | 
ourcommunitynow.com | Andrew Hobbs |Campbell Kwan
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Barnaby Joyce reveals prostate cancer diagnosis Nationals MP Barnaby Joyce has disclosed he is battling prostate cancer and will undergo surgery next week, having secured re-election in the New England seat. NSW Liberals distance themselves from federal branch The NSW Liberals are running a mile from the federal party after the disastrous election result. Mark Speakman, leader of the opposition, urged for the federal party to shift to the “sensible centre”.
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1 month ago | 
afr.com | Paul Smith |James Thomson |Andrew Hobbs
Although the big tech AI party appeared to be winding down over the past few months, Meta and Microsoft returned with a fresh keg on Thursday to tell everyone that the night was still young.
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2 months ago | 
nature.com | Lauren Bird |Bangyan Xu |Andrew Hobbs |Alexander Ziegler |Nichollas E Scott |Patrice Newton | +2 more
AbstractThe obligate intracellular bacterium Coxiella burnetii establishes an intracellular replicative niche termed the Coxiella-containing vacuole (CCV), which has been characterised as a bacterially modified phagolysosome. How C. burnetii withstands the acidic and degradative properties of this compartment is not well understood. We demonstrate that the key lysosomal protease cathepsin B is actively and selectively removed from C.
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2 months ago | 
afr.com | Nicola Blackburn |Andrew Hobbs
Updated Apr 7, 2025 – 8.17am, first published at 8.04am or Subscribe to save articleGo to latestPinned post – 7.48AMInvestors to wipe $114b from ASX as trade war swellsThe Australian sharemarket is poised for its biggest intraday fall since the pandemic after a global trade war dramatically escalated late last week, leading to concerns that a recession could take shape.
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2 months ago | 
afr.com | Andrew Hobbs |Joanna Mather
Apr 4, 2025 – 5.00am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? The case for passive investing – buying assets that track an index and do not try to pick winners or losers – just got made again with new data from S&P Global showing another year of underperformance for actively managed funds in almost all investments from stocks to real estate. But it wasn’t a total victory.
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Mar 3, 2025 | 
afr.com | Campbell Kwan |Maxim Shanahan |Andrew Hobbs
Campbell Kwan, Maxim Shanahan and Andrew HobbsMar 4, 2025 – 9.07am or Subscribe to save article7 mins ago – 9.02AMRules of global trade have changed: SlatteryGeraldine Slattery, the president of BHP’s Australian operations, says the rules of international trade have changed since the election of US president Donald Trump, but that Australia is well-positioned to take advantage.
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Dec 31, 2024 | 
afr.com | Andrew Hobbs
WealthPersonal FinanceInvestingLeading market strategists say it’s time to take a hard look at your portfolio and sell stocks that have been good to you. Dec 31, 2024 – 5.43pm or Subscribe to save articleEmailLinkedInTwitterFacebookSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? One thing dominates the year ahead for markets: Donald Trump.
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Dec 18, 2024 | 
afr.com | Andrew Hobbs
Life & LuxuryTravelUKWe expected this to be a memorable time, but it was the workarounds and unknown unknowns that made it better than we hoped. Dec 19, 2024 – 5.00am or Subscribe to save articleEmailLinkedInTwitterFacebookSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber?
