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It’s the newsletter read by partners and consultants at Deloitte, EY, KPMG and PwC. The latest industry news and moves, in your inbox every Wednesday.

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STREET TALK
PE interest reignites auction for $30m-a-year HMA Group
6.00am

Firmus in final days of $280m capital raise amid $1.5b AI push
5.00am

AGP-backed Ampyr gets going on Wellington battery with $340m financing
12.01am
STREET TALK
PE interest reignites auction for $30m-a-year HMA Group
6.00am

Firmus in final days of $280m capital raise amid $1.5b AI push
5.00am

AGP-backed Ampyr gets going on Wellington battery with $340m financing
12.01am
STREET TALK
PE interest reignites auction for $30m-a-year HMA Group
6.00am

Firmus in final days of $280m capital raise amid $1.5b AI push
5.00am

AGP-backed Ampyr gets going on Wellington battery with $340m financing
12.01am

editor's picks

Is your organisation leading the charge in energy innovation? It’s your turn to be recognised. Enter the Energy Awards today.

Entries close July 31 →

companies

Trump rattles markets by shifting goalposts on tariffs

Donald Trump in red hat

Deals do not always work to the US president’s preferred timeline. His unpredictable approach to foreign policy will keep countries and markets on edge.

RBA image

Markets widely expect an RBA rate cut, except these 5 economists

Traders and economists broadly agree that the central bank will deliver a third reduction for the year. Some want it to wait for the outlook to become clearer.


Banking image

One investment bank is dominating dealmaking this year

From M&A to ECM, explore the Financial Review’s comprehensive tracker dealmaking in Australia and the biggest transactions over the last decade.


Banking image

One investment bank is dominating dealmaking this year

From M&A to ECM, explore the Financial Review’s comprehensive tracker dealmaking in Australia and the biggest transactions over the last decade.

Housing crisis

This couple has waited years for a basic service to their dream home

Caitlin and Adam Webster bought their Sydney plot in 2021, but the water’s not connected yet. Critics say the lag in critical infrastructure is holding up housing supply.


Business of sport

What Phil Waugh says needs to be done for the future of rugby union

The Rugby Australia boss says there is still work to be done on keeping the ball in-play and making the product entertaining to fans.


Business of sport

What Phil Waugh says needs to be done for the future of rugby union

The Rugby Australia boss says there is still work to be done on keeping the ball in-play and making the product entertaining to fans.

markets

Trump rattles markets by shifting goalposts on tariffs

Donald Trump in red hat

Deals do not always work to the US president’s preferred timeline. His unpredictable approach to foreign policy will keep countries and markets on edge.

RBA image

Markets widely expect an RBA rate cut, except these 5 economists

Traders and economists broadly agree that the central bank will deliver a third reduction for the year. Some want it to wait for the outlook to become clearer.


Banking image

One investment bank is dominating dealmaking this year

From M&A to ECM, explore the Financial Review’s comprehensive tracker dealmaking in Australia and the biggest transactions over the last decade.


Banking image

One investment bank is dominating dealmaking this year

From M&A to ECM, explore the Financial Review’s comprehensive tracker dealmaking in Australia and the biggest transactions over the last decade.

Housing crisis

This couple has waited years for a basic service to their dream home

Caitlin and Adam Webster bought their Sydney plot in 2021, but the water’s not connected yet. Critics say the lag in critical infrastructure is holding up housing supply.


Business of sport

What Phil Waugh says needs to be done for the future of rugby union

The Rugby Australia boss says there is still work to be done on keeping the ball in-play and making the product entertaining to fans.


Business of sport

What Phil Waugh says needs to be done for the future of rugby union

The Rugby Australia boss says there is still work to be done on keeping the ball in-play and making the product entertaining to fans.

OPINION

Trade wars

Why PM not yet meeting tariff TACO Trump is no bad thing

Australia has little to gain by negotiating on trade, whereas the White House would put AUKUS and defence spending on the table.

Susan Stone

Economist

Susan Stone headshot

Trade wars

I was ambassador in China. Here’s what Xi will want to discuss with Albo

Australia has little to gain by negotiating on trade, whereas the White House would put AUKUS and defence spending on the table.

Susan Stone

Economist

Susan Stone headshot

Productivity

Why universities are critical to the productivity challenge

Innovation doesn’t emerge from speeches or roundtables. It grows in ecosystems – and that’s where we’re falling short.

Ann Sherry

Director

Ann Sherry

Productivity

Violent protests does not have any place in Australia’s democracy

Innovation doesn’t emerge from speeches or roundtables. It grows in ecosystems – and that’s where we’re falling short.

Ann Sherry

Director

Ann Sherry

Productivity

Albanese lost in translation as he heads to Beijing

Innovation doesn’t emerge from speeches or roundtables. It grows in ecosystems – and that’s where we’re falling short.

Ann Sherry

Director

Ann Sherry

Productivity

How Australia should respond to Trump’s tariff deadline

Innovation doesn’t emerge from speeches or roundtables. It grows in ecosystems – and that’s where we’re falling short.

Ann Sherry

Director

Ann Sherry
Reports

AI & Cybersecurity

This report explores the risks and rewards of artificial intelligence and how it can both enhance and challenge cybersecurity defences.

Sponsored by ServiceNow

View all 10 stories →
AI agents

AI agents will change the way we work, just don’t call them colleagues

Amazon predicts a revolution but tech experts warn businesses can’t escape the gritty work of testing and auditing. Be sceptical, they suggest.

AI C-suite

Why AI chiefs need to be part of the C-suite

Technology and artificial intelligence must blend seamlessly, like an exquisite dance partnership, argues Profusion Group’s Simone Mears.

AI rules

Following the rules on AI is not enough for businesses

Organisations that lead in AI security are not necessarily the most heavily regulated – but they are the best prepared.

Politics

Trump rattles markets by shifting goalposts on tariffs

Donald Trump in red hat

Deals do not always work to the US president’s preferred timeline. His unpredictable approach to foreign policy will keep countries and markets on edge.

RBA image

Markets widely expect an RBA rate cut, except these 5 economists

Traders and economists broadly agree that the central bank will deliver a third reduction for the year. Some want it to wait for the outlook to become clearer.


Banking image

One investment bank is dominating dealmaking this year

From M&A to ECM, explore the Financial Review’s comprehensive tracker dealmaking in Australia and the biggest transactions over the last decade.


Banking image

One investment bank is dominating dealmaking this year

From M&A to ECM, explore the Financial Review’s comprehensive tracker dealmaking in Australia and the biggest transactions over the last decade.

Housing crisis

This couple has waited years for a basic service to their dream home

Caitlin and Adam Webster bought their Sydney plot in 2021, but the water’s not connected yet. Critics say the lag in critical infrastructure is holding up housing supply.


Business of sport

What Phil Waugh says needs to be done for the future of rugby union

The Rugby Australia boss says there is still work to be done on keeping the ball in-play and making the product entertaining to fans.


Business of sport

What Phil Waugh says needs to be done for the future of rugby union

The Rugby Australia boss says there is still work to be done on keeping the ball in-play and making the product entertaining to fans.

Sponsored

World

Trump rattles markets by shifting goalposts on tariffs

Donald Trump in red hat

Deals do not always work to the US president’s preferred timeline. His unpredictable approach to foreign policy will keep countries and markets on edge.

RBA image

Markets widely expect an RBA rate cut, except these 5 economists

Traders and economists broadly agree that the central bank will deliver a third reduction for the year. Some want it to wait for the outlook to become clearer.


Banking image

One investment bank is dominating dealmaking this year

From M&A to ECM, explore the Financial Review’s comprehensive tracker dealmaking in Australia and the biggest transactions over the last decade.

Housing crisis

This couple has waited years for a basic service to their dream home

Caitlin and Adam Webster bought their Sydney plot in 2021, but the water’s not connected yet. Critics say the lag in critical infrastructure is holding up housing supply.


Business of sport

What Phil Waugh says needs to be done for the future of rugby union

The Rugby Australia boss says there is still work to be done on keeping the ball in-play and making the product entertaining to fans.

Property

Trump rattles markets by shifting goalposts on tariffs

Donald Trump in red hat

Deals do not always work to the US president’s preferred timeline. His unpredictable approach to foreign policy will keep countries and markets on edge.

RBA image

Markets widely expect an RBA rate cut, except these 5 economists

Traders and economists broadly agree that the central bank will deliver a third reduction for the year. Some want it to wait for the outlook to become clearer.


Banking image

One investment bank is dominating dealmaking this year

From M&A to ECM, explore the Financial Review’s comprehensive tracker dealmaking in Australia and the biggest transactions over the last decade.

Housing crisis

This couple has waited years for a basic service to their dream home

Caitlin and Adam Webster bought their Sydney plot in 2021, but the water’s not connected yet. Critics say the lag in critical infrastructure is holding up housing supply.


Business of sport

What Phil Waugh says needs to be done for the future of rugby union

The Rugby Australia boss says there is still work to be done on keeping the ball in-play and making the product entertaining to fans.

Wealth

RBA image

Markets widely expect an RBA rate cut, except these 5 economists

Traders and economists broadly agree that the central bank will deliver a third reduction for the year. Some want it to wait for the outlook to become clearer.

Cryptocurrencies

Markets widely expect an RBA rate cut, except these 5 economists

Traders and economists broadly agree that the central bank will deliver a third reduction for the year. Some want it to wait for the outlook to become clearer.

Investing

How my SMSF beat big super without buying CBA

Traders and economists broadly agree that the central bank will deliver a third reduction for the year. Some want it to wait for the outlook to become clearer.

Technology

RBA image

Markets widely expect an RBA rate cut, except these 5 economists

Traders and economists broadly agree that the central bank will deliver a third reduction for the year. Some want it to wait for the outlook to become clearer.

Cryptocurrencies

Markets widely expect an RBA rate cut, except these 5 economists

Traders and economists broadly agree that the central bank will deliver a third reduction for the year. Some want it to wait for the outlook to become clearer.

life and luxury

Hotels

Does the Gold Coast’s
buzziest new hotel
live up to the hype?

Sophisticated and full of swagger, Australia’s first Mondrian, on Burleigh Beach, will change the way you do the GC.

Saleroom

Rare Japanese whisky could be yours for $100,000

The 41-year-old single malt, one of only 82 bottles from the Karuizawa Distillery’s Noh series of 2013, is among 34 bottles being sold from a collector’s super fund.

Karuizawa Noh Whisky Bottle
Saleroom

Rare Japanese whisky could be yours for $100,000

The 41-year-old single malt, one of only 82 bottles from the Karuizawa Distillery’s Noh series of 2013, is among 34 bottles being sold from a collector’s super fund.

Karuizawa Noh Whisky Bottle
Saleroom

Rare Japanese whisky could be yours for $100,000

The 41-year-old single malt, one of only 82 bottles from the Karuizawa Distillery’s Noh series of 2013, is among 34 bottles being sold from a collector’s super fund.

Karuizawa Noh Whisky Bottle
Saleroom

Rare Japanese whisky could be yours for $100,000

The 41-year-old single malt, one of only 82 bottles from the Karuizawa Distillery’s Noh series of 2013, is among 34 bottles being sold from a collector’s super fund.

Karuizawa Noh Whisky Bottle

most viewed

1

Japan’s warning over Albanese’s east-coast gas reserve

2

Investor son of secretive mining heiress comes back into the fold

3
Live / Dump super tax to save productivity: shadow treasurer
4
Live / ASX falls; copper stocks sink; Telix fires
5

ASX flat after RBA’s shock rate hold; CBA snaps losing streak

6

Charges laid over Israeli restaurant incident; RBA frustrates Chalmers

from the gallery

David Rowe cartoons
for July 2025

Jul 8, 2025


View more editorial cartoons

Financial Review Magazine

Fish Market

What lurks beneath the stand-off over Sydney’s $750m new fish market

Primrose Riordan

Why these Australian wines are at risk of extinction
How much to tip? And other restaurant conundrums to chew on

BOSS

CEO Interview

‘Everything I’m doing is wrong’, admits the CEO of this $13b company

Sally Patten

Why this points junkie swapped credit cards for BNPL
What an MBA scholarship program taught these leaders

Life and Leisure

CEO Interview

‘Everything I’m doing is wrong’, admits the CEO of this $13b company

Sally Patten

Why this points junkie swapped credit cards for BNPL
What an MBA scholarship program taught these leaders

RICH LIST

CEO Interview

‘Everything I’m doing is wrong’, admits the CEO of this $13b company

Sally Patten

Why this points junkie swapped credit cards for BNPL
What an MBA scholarship program taught these leaders
The Daily Habit of Successful People
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