Capital Brief

3 days ago | capitalbrief.com | Finn McHugh

But the Opposition Leader conceded the election defeat demonstrated the party’s troubles “go deeper”, with McGrath to lead a longer-term review into how the party can “better respect, reflect and represent modern Australia”. That will include a look at how the party’s divisions operate and ways to grow party membership, Ley said. After thumping defeats in 2022 and 2025, the Coalition has been criticised for a lack of female representation and discussions over gender quotas were revived.

4 days ago | capitalbrief.com | Anthony Galloway |Finn McHugh

Anthony Albanese once thundered against “pre-emptive” military action by the United States, denouncing John Howard for joining the 2003 invasion of Iraq. “Unilateralism can never be the basis of a satisfactory world model,” the then-third-term MP declared on the eve of the invasion. “And pre-emptive action should not involve the use of military power.”Get Political Capital in your inboxSigned up to Political CapitalA twice-weekly newsletter that takes you inside the corridors of power.

4 days ago | capitalbrief.com | Finn McHugh

Neither Iran nor Israel have publicly confirmed the agreement, though Tehran’s response appeared designed to de-escalate the conflict. Albanese welcomed the ceasefire announcement on Tuesday morning. “We have consistently called for dialogue, diplomacy and de-escalation. The safety of Australians in the region is our priority,” he said in a statement.

4 days ago | capitalbrief.com | Jassmyn Goh

While all eyes are on Virgin, another new listing on the ASX this week will push the amount raised by private credit funds beyond $1 billion. And there's more to come. While the long awaited float of Virgin will capture most of the attention this week, there's another IPO on the ASX this week with significance beyond the public equity market. The La Trobe Private Credit fund is set to list on Friday, adding to more than $1 billion in capital raised for the booming sector this year.

5 days ago | capitalbrief.com | Andrew Cornell

The context: Despite the deterioration in performance, the interest rate cuts of 19 February 2025, whose impact would not have been evident in the data to 31 March, and the subsequent interest rate cut in May 2025, should prevent further deterioration in Australian mortgage performance in the near term, Fitch said. Australian home prices rose 0.9% in the March quarter, after falling by 0.2% in the previous quarter.