Oil prices jumped, stocks tumbled, and bond yields spiked as markets contended with persistent supply disruptions in the Middle East and the absence of meaningful breakthroughs at the summit in Beijing.
The Albanese government’s overhaul of investor taxation is expected to slow housing prices, but experts are split on whether it will do what Labor wants.
PAUL MURRAY: If the Farrer by-election last weekend proved anything it is that the old Labor-Liberal domination of Australian politics is all but gone.
THE NEW YORK TIMES: Donald Trump departed Beijing on Friday, touting trade deals to sell American-made airplanes, farm goods and other products, the signature outcome of his two-day summit with Xi Jinping.
The Opposition Leader dodged questions about whether the threat from One Nation is driving his hardline migration policy, as coalition strategists closely study the factors behind Farrer by-election loss.
As the Government is accused of class warfare, the Opposition intends to turn tax increases on landlords, the middle class and trust into a major political fight.
The Government has revealed that the flight crew who helped transfer the six passengers on a Hantavirus-stricken cruise ship to Australia might not quarantine.