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Good afternoon,

Millions of younger workers with lower super balances will get caught up in a tax plan supposedly meant to target the wealthy. It’s another example of its poor design.

Commonwealth Bank’s meteoric share price rise to new highs has analysts stumped and fundies warning dividends across the big 4 banks can’t hold up. But will investors care?

And the common claim that property prices double every 7 to 10 years is a myth, new analysis has found. Here's how long you now have to wait to double your money.



Vesna Poljak
Business Editor
The markets


Commentary
Qantas and Virgin want a bio-fuel industry but will Canberra act?
By JOHN DURIE
Columnist
Australia’s airlines are pushing for the establishment of a sustainable fuel (SAF) industry here, and want the Albanese government to show it’s not just all talk.
Latest news
Dexus turbulence as heavyweights demand airport selldown
Australia’s sovereign wealth fund is among the heavyweight investors lining up against Dexus wanting it to sell out of two important airports as part of a case that’s headed for court.
By BEN WILMOT
Culture Kings, once worth $600m, has its fashion retail renaissance
Motorcyclists speeding inside a ‘globe of death’, wrestlers and UFC fighters are helping the Australian-born US-owned sneaker chain Culture Kings chart a path back to growth after a tough few years.
By ELI GREENBLAT
Ex-NAB fraud executive sues banking major in ‘novel claim’
A former National Australia Bank fraud executive is suing the major bank for $1.5m, the Federal Court heard on Friday.
By ANGELICA SNOWDEN
Marque my words: delay buying as luxury car prices set to crash
Axing the luxury car tax would reshape Australia’s metal market. And in case you think that’s not you, the definition of luxurious means even if you drive a mere Mazda, you’d be a tax target.
By JOHN CONNOLLY
The printing boss born to bring family joy after tragedy
Sonia Shwabsky was the ‘replacement child’ for her late brother, giving her a drive that now sees her working with the famed Penfold family to reshape and grow Kwik Copy Australia.
By DAMON KITNEY

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