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Business Summit

The ninth annual Financial Review Business Summit will discuss what lies ahead for the economy and business, and how Australia can compete and grow its way out of the inflation shock.

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Michael Mucci?colour cartoon / illustration / illo / toon / artwork 
BUSINESS MEN AND ECONOMY TREE GROWTH 
ECONOMISTS 


GrowthDoubt.jpg

The 10th annual Financial Review Business Summit

The annual AFR Business Summit will discuss the strategies to navigate the increasingly complex economic and political factors shaping Australia’s future.

Business Summit - Early bird registration

Secure your seat at the tenth annual FInancial Review Business Summit and be part of the conversation shaping Australia’s economic and political future.

Register now

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Michael Mucci?colour cartoon / illustration / illo / toon / artwork 
BUSINESS MEN AND ECONOMY TREE GROWTH 
ECONOMISTS 


GrowthDoubt.jpg

The 10th annual Financial Review Business Summit

The annual AFR Business Summit will discuss the strategies to navigate the increasingly complex economic and political factors shaping Australia’s future.

Jim Chalmers is now spreading the message on Australia’s need to act in the next decade.

A competitive Australia needs more than words

Treasurer Jim Chalmers is now asking the right questions about Australia’s future, even if he needs to find better answers.

  • The AFR View
Business leaders are worried about productivity
2:09

Business leaders are worried about productivity

Leaders at The Australian Financial Review Business Summit on the factors in the Australian economy that keep them up at night.

  • Updated

Why Brookfield wants Optus | Myer boss’ big test | Could AI be deflationary?

This week, James and Anthony examine what SingTel could gain from selling Optus, look at whether an ex-Qantas exec could grow Myer, and discuss two tectonic shifts in markets that will decide the next decade.

When it comes to how we pay, Apple is coming for the big banks

Commonwealth Bank boss Matt Comyn says policymakers need to be alert to the dangers of ceding important industries to global tech platforms without scrutiny.

  • James Eyers
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March

Why Australia faces hard choices and hard work to grow

From decarbonisation to digital transformation to new geopolitical risks, there are a lot of potential speed bumps ahead. And no guarantee of success.

  • Jennifer Hewett
BlackRock’s Wei Li at the Summit on Monday.

The two tectonic shifts in markets that will decide the next decade

Are we headed for a world of higher rates, lower growth and more volatility, or will AI unleash a deflationary wave?

  • James Thomson
Opposition Leader Peter Dutton is about to announce the six sites where a Coalition government would build nuclear reactors.

Dutton’s nuclear push could take on political life of its own

The zero-emissions power source adds up on some fronts, but there’s still a whiff of crazy about the whole push.

  • Phillip Coorey

When the minister met the ‘mischievous’: What Wong said to Curran

Foreign Minister Penny Wong parried with James Curran at The Australian Financial Review Business Summit this week. This is an edited transcript of that discussion.

Leah Weckert  says sctunity needs to be accompanied by facts.

Why Coles will put some cost-of-living heat back on suppliers

Leah Weckert says Coles worked with suppliers when their costs were soaring. Now inflation is coming down, the conversation needs to change. 

  • James Thomson
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Four-year terms to end short-termism

New Business Council of Australia president Geoff Culbert pushed the idea at The Australian Financial Review Business Summit to “break out of the jail of short-term thinking” in Australian politics.

  • The AFR View
Robin Khuda has raised $400 million to realise his vision with AirTrunk.

Robin Khuda’s migrant success story

Robin Khuda is keeping a great national tradition alive.

  • The AFR View
“Never say never”: Deanne Stewart has no plans to nominate directors to company boards yet, but says that may change.

‘Never say never’: $150b super giant not pushing for board seats, yet

Aware Super boss Deanne Stewart says she prefers ‘private conversations’ with companies to encourage action on issues such as climate change, but did not rule out stronger interventions.

  • Hannah Wootton and Gus McCubbing
Jamie Dimon says this year’s US presidential election promises many twists and turns, thanks to the political juggernaut that is Donald Trump.

‘Nerve-racking’: Jamie Dimon says the US election will be a ‘circus’

Markets and central banks appear certain a soft landing is coming, but Jamie Dimon is more cautious. He sees a world of risk, including from the looming US election battle.

  • Updated
  • James Thomson
Coles CEO Leah Weckert speaks at the Business Summit in Sydney on Tuesday.

Bringing prices down a ‘joint effort’ with suppliers: Coles CEO

Chief executive Leah Weckert defended the retailer’s profitability, while also saying the Australian market is hugely competitive.

  • Carrie LaFrenz
JPMorgan chief executive Jamie Dimon speaking at the AFR Business Summit.

Bankers Dimon and Lowe see upside risks on interest rates

The JPMorgan chief said expectations of interest rate cuts had put the chances of a mild or deeper recession in the US at about 65 per cent.

  • John Kehoe, Aaron Weinman, Jemima Whyte, James Thomson and James Eyers
Canva’s Cliff Obrecht, with WiseTech’s Richard White.

Canva revenue growth hits 60pc, investors seek shares worth $3.6b

Co-founder Cliff Obrecht says the listing will be in the US because the ASX is a small market and its investors don’t understand tech as well as their American counterparts.

  • Nick Bonyhady
The CSIRO and the energy market regulator consider nuclear power to be the most expensive source of new energy for Australia.

Why Dutton is going nuclear

Peter Dutton thinks he can sell nuclear power to the public. The energy industry remains unconvinced by the business case.

  • Jennifer Hewett
Aware Super CEO Deanne Stewart.

Private capital dominance to increase even if IPOs restart: investors

Initial public offerings will pick up in the next 18 months but many companies will still prefer the “patient” capital provided by super and private equity, investors say.

  • Hannah Wootton
Airtrunk founder Robin Khuda went into his superannuation funds to get the company off the ground.

How Robin Khuda went from near-bankruptcy to creating a $14b titan

The AirTrunk founder was forced to go into his superannuation funds to keep the data centre giant running before it eventually found success.

  • Campbell Kwan
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Penny Wong says she will continue to work with Canada and New Zealand on Gaza.

Wong backs Biden, urges Israel to ‘change course’

Foreign Minister Penny Wong has warned that Israel will lose support from traditional allies if it presses ahead with a ground attack on Rafah.

  • Updated
  • Jessica Sier
Canva’s Cliff Obrecht, with WiseTech’s Richard White.

Why Canva co-founder says AI isn’t a Kodak moment

It’s adapt or die when it comes to AI but that doesn’t mean tearing up business models, say Cliff Obrecht and Richard White.

  • Anthony Macdonald
What's buoying you about the Australian economy?
2:29

What's buoying you about the Australian economy?

Nine's Peter Costello, Woodside's Meg O'Neill, CommBank's Matt Comyn, GrainCorp's Robert Spurway, AustralianSuper's Paul Schroder and AmCham's April Palmerlee.

  • Updated
Josh Frydenberg speaks with Anthony Macdonald at the AFR Business Summit.

Frydenberg says the world is in the most danger since the Cold War

Like Jamie Dimon, the former treasurer pointed to the Red Sea as another “dangerous hotspot” that is creating economic risks for the global economy.

  • James Eyers
'Middle power diplomacy in action': Australia's position on Gaza
2:01

'Middle power diplomacy in action': Australia's position on Gaza

Foreign Affairs Minister Penny Wong explains why Australia is coordinating with Canada and NZ on Gaza policy.

  • Updated