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Good afternoon,

Australia’s top fund managers and superannuation operators have joined in an extraordinary protest against the Australian Securities Exchange ’s apparent decision to allow James Hardie to proceed with its US acquisition without seeking shareholder approval.

Meanwhile, mining giant BHP has hit the 40 per cent female employee milestone and chief executive Mike Henry says hiring more women has made the business safer, more productive and better performing.

And Fortescue supremo Andrew Forrest’s addition to Time’s 100 influencers list is a triumph of self promotion. But maybe someone should have looked at his record and not just the hot air about environmental promises, writes Nick Evans.

Vesna Poljak
Business Editor
The markets


Commentary
Trump’s tariffs hit Apple, help Samsung in high-stakes battle
By JARED LYNCH
Technology Editor
Trump wants the US to return to a manufacturing powerhouse but his grand plan has inadvertently given a leg up to a rival of one of America’s biggest companies.
Latest news
US exodus sees rich Australians turn to true blue investment
Trump-based hazards have caused a number of Australia’s wealthiest families to bring their money back home, which could have some flow-on effects to areas like property.
By ROBERT GOTTLIEBSEN
Bargain hunters eye private credit and property trusts
Private credit funds and REITs are currently selling at decent discounts, which is a good time for long-term investors to make an opportunistic play.
By JAMES GERRARD
Qantas marks 90 years flying abroad as fleet woes clip its wings
It’s 90 years to the day since Qantas first carried two passengers on a DH86 aircraft from Brisbane to Singapore but the airline now faces significant challenges to its expansion.
By ROBYN IRONSIDE
$240m apartment block gets green light in Sydney’s upmarket east
There are big plans in the pipeline for apartments, penthouses and mixed-use developments across Sydney’s wealthy eastern suburbs.
By LISA ALLEN
Inside the rise and fall of beloved footwear brand Wittner
Over a century ago, a single store in Melbourne’s west marked the beginning of the Wittner legacy that grew into an iconic Aussie brand. So how did it all unravel for this beloved company?
By SARAH PERILLO

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