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Good afternoon,

The Australian sharemarket suffered a $42bn bloodbath as investors nervously await US President Donald Trump’s latest round of tariffs.

Chemist Warehouse owner Sigma is weighing up a convertible bond raising in a move that analysts believe could be aimed at paying back some of its bank debt, writes DataRoom's Bridget Carter.

Both ASIC and the Reserve Bank have threatened to use new powers to seize control of the market operator as they lose patience with CHESS failures.

Less than a year into the job, Qantas chairman John Mullen has shown WiseTech’s Richard White how it’s done in rebuilding trust in a damaged board, writes Eric Johnston.

Vesna Poljak
Business Editor
The markets


Commentary
Six crisis points to know before you vote
By ROBERT GOTTLIEBSEN
Business Columnist
Albanese and Dutton are failing to inform disillusioned voters of the very grim outlook ahead. Here are six crisis points.
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Have super funds walked into a market trap with Trump?
Your superannuation money is being poured into US shares just as Donald Trump threatens to up-end sharemarkets with his Liberation Day tariffs plan.
By JAMES KIRBY
RBA should cut rates as global economic outlook sours
The Reserve Bank’s newly-formed monetary policy board needs to get down to business quickly and debate the merits of an immediate interest-rate cut when it gathers for its first meeting this week.
By JAMES GLYNN
Domain to recommend CoStar’s $2.8bn bid amid exclusive talks
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By BEN WILMOT
Todd Sampson exits Qantas board
Qantas chairman John Mullen has announced director Todd Sampson will leave in July after a decade on the board and ‘one of the most challenging periods in airline history’.
By ROBYN IRONSIDE
What if you ran your household budget like Jim Chalmers?
The Treasurer’s latest federal budget was another big-spending monster, and carries a key lesson for Aussie individuals.
By ANTHONY KEANE

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