The nation’s largest property groups believe housing supply and affordability constraints will worsen if the CGT discount and negative gearing are altered. A Chinese-linked tanker is being closely watched around the Strait of Hormuz as the US blockade risks a showdown between the world’s two biggest economies. Australia is open to providing further military assistance to keep open the Strait of Hormuz. Under the current funding profile, the answer is no, we would be relying on the US to do it for us. Does Australia have the capability to defend itself and protect its maritime lifelines?

After failing to get a float up amid volatile markets, Brookfield has sold a minority state in the private credit asset manager to the Abu Dhabi-based Axight. Angus Taylor insists the Liberal Party will put forward free market and smaller government policies on tax and regulation under his leadership. Despite current consumer confidence concerns, the underlying strength of retail property is drawing investors to the asset class. A rare headland acreage with a rainforest and beach has hit NSW’s coastal market for the first time in four decades. The Scandinavian country is held up as an example of what’s possible when oil and gas revenues are funnelled straight into a giant investment fund. The veteran market analyst has told clients that the flight to bank stocks was idiotic and declared Australian small caps were now ridiculously cheap.

ASX snaps three-week run; tech stocks soar 13pc this week

• A Chinese-linked tanker is being closely watched around the Strait of Hormuz as the US blockade risks a showdown between the world’s two biggest economies.
• Despite current consumer confidence concerns, the underlying strength of retail property is drawing investors to the asset class.
• The Asia Group is using technology to automate grunt work, freeing up experts to do more in-depth analysis of geopolitical trends.
• The firm’s Australian Share Fund is down nearly 20 per cent over the past three months and Johnson is hunting for bargains in the ASX’s beaten-up tech sector.
• SG Hiscock’s Grant Berry discusses the impact of tightening monetary policy on the property sector and explains why he thinks Dexus is undervalued.

SG Hiscock’s Grant Berry discusses the impact of tightening monetary policy on the property sector and explains why he thinks Dexus is undervalued. A CIA-backed firm is among the investors that have poured money into Atomic Tessellator, a $50 million start-up developing alternatives to rare earths. The technology has been deployed across investments banks, but graduate hiring suggests the analyst pipeline remains intact for roles paying more than $120,000. Downer’s Peter Tompkins is turning the crisis into a blueprint for resilience but warns that volatile supply chains and hyperinflation risks are here to stay. Given the debate over oil reserves, the government can thank its lucky stars it “lost” the bid to hold this year’s UN climate change summit in Adelaide. A riot of a good time, Grandfathers – the latest venture from Sydney’s favourite dining trio – is the place to be right now.

The execution challenge is to get the full bang for the buck by implementing the strategic review on time and on budget. The bank plans to centralise the risk function in the retail bank, including home loan operations, as two further broking groups are drawn into the fraud saga. Construction data firm Hubexo cannot show it lost money as a result of its competitor secretly accessing its database for four years, CoreLogic says.

Richard Marles declared greater private sector involvement in defence would be a win-win for the government and investors, online pokies instant withdrawal australia but economists remain critical. Investors are overlooking the risks of lower population growth and credit rationing by non-bank lenders – and why this could push property prices down. The firm’s Australian Share Fund is down nearly 20 per cent over the past three months and Johnson is hunting for bargains in the ASX’s beaten-up tech sector. The country’s second-largest superannuation fund has tripled the frequency it changes its bonds and equity portfolio to take advantage of volatile markets.

Technology

Allbirds’ shares jumped after the struggling sneaker firm announced a new business plan, underscoring the intensity of the speculative mania around AI. The Asia Group is using technology to automate grunt work, freeing up experts to do more in-depth analysis of geopolitical trends. Firms are using artificial intelligence to break their traditional “time and motion” billing model. US President hopes Hezbollah acts well ‘during this important time’; Ben Roberts-Smith laves jail; PM Anthony Albanese rejects US criticism. The announcement marks a landmark in Australia-Japan defence ties as both countries deepen military co-operation in response to China’s rise.

No gas tax on existing export contracts, PM assures trading partners

As governments, employers and workers struggle to discern whether AI represents a threat or opportunity, bosses may need to share the gains with staff members. Ben Riley was already writing about the risks of chatbots when his dad started trusting AI over his doctor. The deal is part of the tech giant’s push into satellite communications as it seeks to take on Elon Musk’s Starlink. China, the US and Russia have ramped up their contest over AI-backed weapons and military systems. Self-managed superannuation funds have fewer avenues for compensation, and those investing without a financial adviser can find themselves on their own. A string of luxury mansions have joined Brisbane’s buoyant market, which continues to outperform its southern rivals.