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The Australian
 

Good afternoon,

The Australian Energy Market Operator will use some of its emergency powers to ensure sufficient electricity supplies in NSW as hot temperatures coincide with a spate of outages at several coal power stations, leaving the state at risk of blackouts.

As the super sector passes the $4 trillion barrier , it is nearing the moment where more cash will come out of the system than go in, writes Eric Johnston.

Global equities and domestic small caps are expected to offer the best opportunities for local investors over the next six months, according to Fidante’s survey of financial advisers. 

Perry Williams
Business editor
The markets


Commentary
Diverging future: Australia and BHP go in different directions
By ROBERT GOTTLIEBSEN
Business Columnist
Australia and BHP face the same problem – over the next five years the price of iron ore is set to fall sharply. But the outlook is very different for them. Here’s why.
Latest news
Ka-ching: Australia’s super pot surpasses $4 trillion
As the nation’s super funds battle back-office failures, the retirement pot continues to grow at pace and has now tipped over the $4 trillion mark.
By CLIONA O’DOWD
Investors switching out of troubled industry fund Cbus
Financial advisers and their clients aren’t standing by as industry fund Cbus is mired in a string of scandals; they have been moving their money out.
By JAMES KIRBY
Australia headed for a ‘big black hole’ of debt, warns Gerry Harvey
Businessman Gerry Harvey warns Australia is headed for a ‘black hole’ of debt as vote seeking politicians splash the cash, which in turn is stoking inflation and keeping interest rates high.
By ELI GREENBLAT
Tread alternative path for decent returns, says US fund manager
One time investment banker turned fund manager Al Rabil believes buying conditions in international property markets present the best opportunities he has seen in years.
By BEN WILMOT
Barrenjoey banker’s wife charged over ‘assault with a ‘pillow’
The former Network 10 journalist and wife of Barrenjoey banker Dyson Bowditch was arrested and charged after an assault at their Darling Point home.
By YONI BASHAN, LIAM MENDES

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