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Good afternoon,

It has been another dark day for Australian stocks as nervous investors wipe $36bn off the ASX as US President Donald Trump moves on tariffs.

ASIC has belted the superannuation industry for botching crucial member services, labelling it the poster child for what goes wrong when governance fails, as it launched legal action against AustralianSuper for delaying millions of dollars worth of death claim payouts.

Snowy Hydro has delayed the resumption of essential underground work despite a partial lifting of orders banning tunnelling as the $12bn renewable energy project attempts to allay worker concerns about safety.

Vesna Poljak
Business Editor
The markets


Commentary
US snubs Australia, but here’s how we can offset Trump’s tariffs
By ROBERT GOTTLIEBSEN
Business Columnist
If Australia can maintain its reputation as a reliable supplier of gas and minerals – not a certainty – we can enhance our relationships with the US irrespective of who wins the ne...
Latest news
Ex-Star boss says illegal activities at casino ‘not on my radar’
Former Star Entertainment boss Matt Bekier says there was nothing on his ‘radar’ that illegal activities were occurring at the casino, despite a warning from one of the company’s lawyers.
By GLEN NORRIS
Why women are getting better investment returns
No longer playing second fiddle to male money moves, females are firing up as investors and beating the blokes, new figures show.
By ANTHONY KEANE
Rebel, Supercheap owner wins suppression case against whistleblowers
Key details of an alleged settlement offer made by Super Retail to its two former female executives turned whistleblowers will remain suppressed as a court ruled in favour of the scandal-ridden retailer.
By ELI GREENBLAT
Riding the Silver tsunami - how to profit from the ageing nation
Getting older is not all bad news. Those in the right businesses in the right places will do well.
By HARI HARA PRIYA KANNAN
Why landing a Qantas reward seat is about to get a whole lot harder
The challenge for frequent flyers securing a Qantas seat is about to cost them up to 20 per cent more points per flight as the scheme increases redemption values across key routes.
By ROBYN IRONSIDE

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