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News

Australian Financial Review
afr.com > street-talk > brookfield-bankers-up-for-5b-plus-colonial-first-state-mercer-out-20260816-p60or9

Brookfield bankers up for $5b-plus Colonial First State; Mercer out

2+ hour, 55+ min ago   (112+ words) AFR It’s one in, one out at the protracted auction for buyout giant KKR and Commonwealth Bank’s $5 billion-plus superannuation and investments house Colonial First State. People with knowledge of the situation who spoke on condition of anonymity said North American…...

Australian Financial Review
afr.com > street-talk > eqt-signs-on-for-150m-stake-in-nrl-s-melbourne-storm-20260816-p60orx

EQT signs on for $150m stake in NRL’s Melbourne Storm

57+ min ago   (61+ words) AFR More details are emerging about Swedish buyout firm EQT’s play to become an owner of the Melbourne Storm NRL team. This column last week revealed that the investment house was in advanced discussions to buy a stake in the…...

Australian Financial Review
afr.com > companies > sport > bangladesh-claims-historic-nine-wicket-first-win-in-australia-20260816-p60ose

Bangladesh claims historic nine-wicket first win in Australia

1+ hour, 48+ min ago   (85+ words) AFR Bangladesh completed a stunning nine-wicket victory over Australia in the first Test on Sunday, securing its first win on Australian soil and only its second victory over the top-ranked Australia. After making a vital half-century in Bangladesh’s first innings,…...

Australian Financial Review
afr.com > companies > mining > group-6-metals-targets-tungsten-turnaround-after-asx-return-20260805-p60lki

Remote tungsten mine’s revival delivers windfall for its lenders

2+ hour, 14+ min ago   (85+ words) AFR The Tasmanian government’s bet on a small tungsten miner has paid off handsomely after Group 6 Metals returned to the ASX, delivering a windfall for long-term backers amid the global rush to secure non-Chinese critical minerals supply. Group 6’s shares…...

Australian Financial Review
afr.com > world > europe > switzerland-s-super-rich-targeted-in-homejacking-spree-20260816-p60orz

Switzerland’s super-rich targeted in ‘homejacking’ spree

2+ hour, 27+ min ago   (74+ words) “Switzerland’s super-rich targeted in ‘homejacking’ spree AFR Zurich | The Lake Geneva region is fighting a growing number of violent home robberies of its wealthiest residents, which threaten the area’s reputation as a haven for the ultra-rich and have inflamed suspicions…...

Australian Financial Review
afr.com > companies > financial-services > cbus-pushes-for-government-crackdown-on-adviser-fees-20260812-p60nle

Cbus pushes for government crackdown on adviser fees

2+ hour, 31+ min ago   (90+ words) AFR Cbus chief executive Kristian Fok is urging the Albanese government to demand more clarity from financial advisers on the fees they charge superannuation accounts, following a $1 billion surge in charges over the period from 2023 to 2025. In a letter to…...

Australian Financial Review
afr.com > companies > energy > tomago-demand-offers-hope-for-nsw-s-stuttering-renewables-rollout-20260814-p60odv

Tomago demand offers hope for NSW’s stuttering renewables rollout

2+ hour, 46+ min ago   (97+ words) AFR The $2.5 billion taxpayer-backed deal to transition the Tomago aluminium smelter to clean energy has given fresh hope to proposed wind farms in NSW that have struggled to lock in customers, but not eliminated fears that coal plants may need…...

Australian Financial Review
afr.com > rear-window > pauline-hanson-s-late-night-asian-persuasion-20260816-p60opu

Pauline Hanson’s late night Asian persuasion

2+ hour, 49+ min ago   (114+ words) AFR The One Nation leader once believed the country was in danger of being “swamped by Asians”, but that doesn’t mean she can’t enjoy fusion fruits of their labour. In 1996, Pauline Hanson used her maiden speech to declare that she…...

Australian Financial Review
afr.com > world > asia > singapore-tempts-expats-with-latest-ai-to-stop-move-to-hong-kong-20260816-p60orq

Singapore tempts expats with latest AI to stop move to Hong Kong

4+ hour, 36+ min ago   (67+ words) AFR Singapore | Singapore Inc hopes its ability to access the most advanced AI models will help hold back a tide of investment managers leaving for Hong Kong, which is introducing sweeping tax cuts. Asia’s two biggest financial hubs have long…...

Australian Financial Review
afr.com > property > commercial > chinese-insurance-giant-prepares-to-sell-900m-salesforce-tower-stake-20260814-p60oee

Chinese insurance giant prepares to sell $900m Salesforce Tower stake

5+ hour, 5+ min ago   (110+ words) AFR Chinese insurance giant Ping An is preparing to sell its half-stake in Sydney’s tallest office building, Salesforce Tower, in a $900 million deal which would show that values even for the city’s best-known landmarks have fallen by around a fifth…...