Analysts have been arguing for years that Commonwealth Bank is overvalued. Now Regal's Phil King has put his money where his mouth is and sold CBA short — not that investors seem to care.
The Edition
The central bank is widely expected to keep rates unchanged on Tuesday, but there's much less agreement on whether the next move will be a hike or a cut.
Australia's biggest telco has moved ahead of the pack in lifting its emissions ambitions, just as the climate wars are heating up again.
The ACCC has raised a number of preliminary concerns about Chemist Warehouse’s $8 billion reverse merger into Sigma Healthcare. But dealmakers involved insist they were bracing for worse.
The big four may be sitting on billions of dollars in excess capital — which might help explain the surge in their share prices over the past year.
The tech giant has finally revealed its plans to add AI features to its products as it seeks to catch up to rivals. Whether the upgrades actually drive sales remains to be seen.
Rather than just producing the news, Australia's legacy media companies can't seem to stop making headlines about their own troubles.
The Nasdaq hit a record high, Nvidia's market cap crossed US$3 trillion, and in Australia CBA also touched a fresh record. Yet even as scepticism grows, there are few signs the equities bull run is under threat.
Buyers of Australia's first ever green bonds have been prepared to accept lower returns for exposure to the government’s environmental programs.
Bill Ackman's sale of a 10% stake in his funds management business Pershing Square for a whopping price continues his stellar run — but can it last?
Josh Frydenberg isn’t making a sudden return to politics — at least not yet. But the media speculation around a potential bid for Kooyong has exposed old Liberal fault lines.
While the world's attention was focused on the conviction of Donald Trump, another New Yorker pushed forward with what will be one of the most closely watched IPO's in Australia for years.
OpenAI CEO Sam Altman has faced a raft of criticism in recent weeks, but his ability to push the company forward through a series of deals will help rebuild his reputation.
It's widely acknowledged that the ABS' monthly CPI figures aren't the most reliable indicator. That won't stop them from adding to perceptions that the government is struggling in its inflation fight.
It was the hedge fund to watch in Australian finance circles. But like many managers before it, VGI Partners' enviable growth would eventually lead to its fall.
The former US president's attempt to woo crypto enthusiasts wasn't enough to avoid a harsh reception from libertarians over the weekend.
As debate continues over whether private credit is a bubble destined to burst, JPMorgan and ASX-listed HMC Capital are betting that the boom is just getting started.
News Corp's mega-deal with OpenAI is a watershed moment for the media giant, but the long-term benefits and risks for the company and the wider news industry remain unclear.
Shadow Treasurer Angus Taylor says he wants to return to the Coalition's core strengths of fiscal discipline and smaller government — but it's unclear where the cuts in spending would come from.
Australia's biggest telco denies AI had anything to do with today's announcement of 2,800 job cuts. Instead, they point to a more worrying challenge facing the telco sector.
China will be hoping its announcement of a major package to support the struggling housing sector marks the beginning of the end of its property crisis. But is it big enough?
The opposition leader is focusing firmly on the Australian population's pain points in an effort to contrast the Coalition's plans with Labor's forward-looking Future Made in Australia policy.
CEO Mike Henry is facing a strategic decision in his $64 billion pursuit of Anglo American.
Many economists are sceptical of Jim Chalmers' claim that budget cost-of-living measures will put downward pressure on inflation, but others say it could work. Either way, it's a risky game to play.
It only took a single vague post on X by day trader Keith Gill, better known as Roaring Kitty, to light a fire under memestocks such as GameStop that have seen little action since the 2021 rush.
Prime ministers don't do long-form interviews very often anymore. Which is why Anthony Albanese's first interview with Capital Brief was so illuminating.
The uproar over the tech giant's ad for its latest iPad may be over the top, but it speaks to uneasiness about the AI revolution.
Some of Australia's biggest companies put on TV-worthy performances as they fronted investors at this week's Macquarie Australia Conference.
Perpetual's management team were interrogated by analysts today over their $2.2 billion deal with private equity firm KKR.
Many are undoubtedly doing it tough in the face of cost-of-living pressures, but ANZ CEO Shayne Elliott says it's less likely to be those with mortgages than others who can't access finance from banks.
Both Qantas and Optus are trying to rebuild their brands and trust with customers after a tough year, and new leadership is a key part of both companies' strategies.
Macquarie isn't backing away from its expansive bet on financing the energy transition despite a big profit hit and signs that investors may be losing patience.
At Australia's biggest startup festival there was widespread optimism that a tough period for the ecosystem is finally coming to an end.
Revelations by Capital Brief that the government distributed a secret manual to avoid Senate questions add to the political and economic headaches facing the government.
It's possibly the biggest ever injection of Australian taxpayer funds into a startup. But will the Albanese government's $940 million quantum computing bet pay off?
BHP CEO Mike Henry's push to diversify the mining giant via a $60 billion bid for Anglo American could be a career-defining moment — if he can avoid the fate of his predecessors.
Scott Farquhar's announcement that's he's stepping down as co-CEO of Atlassian comes at a pivotal juncture for Australia's biggest technology company.
Today's surprise inflation figures have pushed back rate cut forecasts, with some economists now even saying another hike can't be ruled out.
Billionaire Elon Musk has become entangled in a feud with Australia's online safety regulator — and the prime minister — just as his biggest company Tesla faces urgent challenges.
Previous Bitcoin halvings have triggered rallies about half a year later. But this time around the cryptocurrency is already on a high.
