Elizabeth Knight

Sydney

Writer at Sydney Morning Herald

SMH . Age . BusinessDay . Columnist

Articles

Star casino cries poor as a $400 million fine hovers over its head

2 days ago | smh.com.au | Elizabeth Knight

Business columnist June 5, 2025 — 3.43pm, register or subscribe to save articles for later. Add articles to your saved list and come back to them any time. The adage “you do the crime you do the time” springs to mind when listening to Star Entertainment’s protestations that if stung with a legal fine of $400 million for money laundering, it will go broke.
In this fragile union of colossal egos, it was always going to end in tears

3 days ago | watoday.com.au | Elizabeth Knight

Exponential Interactive, Inc d/b/a VDX.tvCookie duration: 90 (days). Data collected and processed: IP addresses, Device identifiers, Probabilistic identifiers, Browsing and interaction data, Non-precise location data, Users’ profiles, Privacy choicesmoreCookie duration resets each session. View details | Storage details | Privacy policyConsentCookie duration: 30 (days).
In this fragile union of colossal egos, it was always going to end in tears

3 days ago | smh.com.au | Elizabeth Knight

Business columnist June 4, 2025 — 3.30pm, register or subscribe to save articles for later. Add articles to your saved list and come back to them any time. One doesn’t need to have possessed the powers of Nostradamus to predict that the greatest bromance of the modern era, between Donald Trump and Elon Musk, would end in headline-blaring tears. Nor is it surprising they would finish their relationship in a flame-throwing blaze given both missed out on genes that carried understatement or restraint.
Depositors beware: Crypto ATMs are the newest way to scam you

4 days ago | smh.com.au | Elizabeth Knight

Business columnist June 3, 2025 — 3.40pm, register or subscribe to save articles for later. Add articles to your saved list and come back to them any time. Older Australians, who have traditionally had large targets on their backs for scammers, are now disproportionately falling prey to the growing industry of cryptocurrency ATM fraud.
Depositors beware: Crypto ATMs are the newest way to scam you

4 days ago | watoday.com.au | Elizabeth Knight

Exponential Interactive, Inc d/b/a VDX.tvCookie duration: 90 (days). Data collected and processed: IP addresses, Device identifiers, Probabilistic identifiers, Browsing and interaction data, Non-precise location data, Users’ profiles, Privacy choicesmoreCookie duration resets each session. View details | Storage details | Privacy policyConsentCookie duration: 365 (days).
House price rises were meant to ease. So what’s happened?

5 days ago | smh.com.au | Elizabeth Knight

Business columnist June 2, 2025 — 3.54pm, register or subscribe to save articles for later. Add articles to your saved list and come back to them any time. If we have an affordability crisis in Australian housing, how is it that house prices are still rising and plenty of economists expect them to rise about 10 per cent over the next year?
Trump’s trade train derails in court revolt, TACO talk and Musk grenades

1 week ago | smh.com.au | Elizabeth Knight

Business columnist May 29, 2025 — 3.22pm, register or subscribe to save articles for later. Add articles to your saved list and come back to them any time. The trade ceasefire may not last, but for a moment on Thursday there was hope that Donald Trump’s wild trade train may have been derailed by a US court. A federal court declared Trump didn’t have the authority to impose the most extreme of his tariffs on most trading partners, including China.
House sellers are being ripped off, and the ACCC is onto it

1 week ago | smh.com.au | Elizabeth Knight

Business columnist May 28, 2025 — 4.15pm, register or subscribe to save articles for later. Add articles to your saved list and come back to them any time. Real estate listings companies like the Murdoch-controlled property portal REA Group are making off like bandits with claims that advertising rates are rising by 10 per cent or more a year – an amount that house sellers ultimately bear.
Healthscope’s owners contributed to its corporate heart attack

1 week ago | smh.com.au | Elizabeth Knight

Business columnist May 27, 2025 — 2.57pm, register or subscribe to save articles for later. Add articles to your saved list and come back to them any time. To say the collapse of private hospital giant Healthscope was an accident waiting to happen feels like a statement of the bleeding obvious. For Canadian private equity player Brookfield, which paid $4.4 billion for the company in 2019, it was an embarrassing and costly commercial misjudgment.
Australia’s inconvenient truth: Are we really in mortgage stress?

2 weeks ago | smh.com.au | Elizabeth Knight

Business columnist May 22, 2025 — 4.11pm, register or subscribe to save articles for later. Add articles to your saved list and come back to them any time. The prevailing narrative about high interest rates being a major culprit in the cost-of-living crisis is no longer passing muster – if anything, the rhetoric is showing major cracks, suggesting that what borrowers are perhaps experiencing is phantom pain.