Big Un’s overdue numbers a ‘brilliant case study’ for new accounting standards

Big Un’s overdue numbers a ‘brilliant case study’ for new accounting standards

Once upon a time, Big Un was a cashed up business raking in millions of dollars from upfront sales of its video service to small businesses. But that was under the old accounting standards. Now for the same period, the new standards tell an altogether different story of a company spending twice as much as it…
Older people who don’t need a daily aspirin shouldn’t take one, says new study

Older people who don’t need a daily aspirin shouldn’t take one, says new study

by Jill Margo Major Australian research on the use of mini aspirins to prevent heart attacks and strokes is likely to change global guidelines on the use of this drug in healthy older people. In three papers published in the prestigious New England Journal of Medicine today, the research revealed a low, 100mg, daily dose…
Stratolaunch space plane: Microsoft co-founder Paul Allen’s dream nears take-off

Stratolaunch space plane: Microsoft co-founder Paul Allen’s dream nears take-off

by Christian Davenport The world's largest airplane took a stroll the other day. Under the cloudless skies of the Mojave Desert, it rolled out of its hangar and powered down the runway. Slowly at first, then faster, 60 mph, then 70, then 80. But it stopped just short of liftoff, like a sprinter pulling up…
Tide turns on emerging markets

Tide turns on emerging markets

When investors got excited by synchronised economic growth in the latter part of last year, they enthused over the prospect of higher returns in emerging markets. But fast forward to 2018 and mood has shifted dramatically, with jittery investors scrambling for the exits from some of the most vulnerable emerging markets. Blame it on the…
Microsoft Surface Go review: Too small or just right?

Microsoft Surface Go review: Too small or just right?

This is the story of Goldilocks and the Three Surfaces. Or, rather, it's part one of the story, the part where Goldilocks usually declares that everything is "too small!" and moves on to bigger and, so she hopes, better things. The other two parts of the story, "Too Big" and "Just Right", are coming in…
Chief executive Mick McCormack: APA Group’s $10m man

Chief executive Mick McCormack: APA Group’s $10m man

APA Group chief executive Mick McCormack could walk away with some $10 million should CK Group's $13 billion takeover of the gas pipeline owner go ahead, after revelations that his termination payments have been understated in the annual report for the last five years. The takeover target on Monday issued a "correction" to its remuneration report, saying it "did not correctly describe…
Samsung Galaxy Note9 review: the best phone for busy people

Samsung Galaxy Note9 review: the best phone for busy people

What do we call it, this Frankenstein's Monster of our dreams, this mobile phone that is not simply the best smartphone on the market, it's the best smartphone that can be cobbled together in the imagination, built from the best smartphones on the market? Do we call it the Huawei Note X? The Apple Galaxy…
Ed Husic’s AI centre of excellence to focus on ethical, humanist AI

Ed Husic’s AI centre of excellence to focus on ethical, humanist AI

The Labor party's $3 million pledge for a new artificial intelligence centre of excellence will aim to make Australia a hub of "ethical" AI development at a watershed moment of backlash against the internet giants, opposition spokesman for the digital economy Ed Husic has told The Australian Financial Review Innovation Summit. Mr Husic said 2018 would…
Tighter credit standards to push house prices lower, say economists

Tighter credit standards to push house prices lower, say economists

Stricter lending requirements are set to push Australia house prices down further, with some economists not ruling out further credit tightening in the future. According to market economists polled for The Australian Financial Review's quarterly survey for the three months to September 30, house prices will continue to fall through to the end of next…
IHG, Rydges and Raddison vying for new Kangaroo Island hotel

IHG, Rydges and Raddison vying for new Kangaroo Island hotel

Some of the world's biggest hotel companies are vying to operate the first major hotel to be built on Kangaroo Island, in a sign of the growing global appeal of the South Australian leisure destination. Intercontinental, Radisson, Rydges, Wyndham and boutique operator Lancemore have all made the shortlist of operators to manage the 115-room Dauncey…

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