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max-width: 1260px; }}@media (min-width:768px) and (max-width:1019px) {.-d1b97c722dbf714a-linksWrapper { display: flex; }}@media (min-width:1020px) {.-d1b97c722dbf714a-primaryWrapper { column-count: 4;column-gap: 32px;max-width: 940px;padding-right: 40px; }.-d1b97c722dbf714a-secondaryWrapper { clear: both; }}@media (min-width:768px) and (max-width:1019px) {.-d1b97c722dbf714a-userWrapper { order: 2;width: calc(50% - 10px);margin-left: 20px; }}@media (min-width:1020px) {.-d1b97c722dbf714a-userWrapper { float: right;border-left: 1px solid #d4d4d4;width: 220px;margin-bottom: 32px;padding-left: 16px; }}.-_84c7a9ebcde168fa-subscribeButtonPianoId { min-width: 175px;padding-top: 2px; }.-_6673dfbf7457571f-todaysPaper { color: #111;font-family: inherit;font-size: inherit;line-height: inherit;background: 0 0;border: none;border-bottom: 1px solid transparent;padding: 0;font-family: suecanano_regular,arial,lucida grande,sans-serif;line-height: 1.3;text-decoration: none;transition: background-color 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href="/world/asia/no-ambassador-xiao-china-is-not-a-champion-of-free-trade-20250410-p5lqp4">No, Ambassador Xiao, China is not a champion of free trade</a></h3><p class="-ecc72d8c8ed7716d-about" data-pb-type="ab">It is not Trump’s tariffs but Chinese economic policies and practices over many decades that are the greater challenge to economic globalisation as we know it.</p><div class="-_3778a8a2429ef797-author -ecc72d8c8ed7716d-author" data-pb-type="au"><div class="-_3778a8a2429ef797-nameAndTitle"><strong><a class="-_3778a8a2429ef797-authorLink" data-testid="AuthorURL" href="/by/john-lee-p4yvvb">John Lee</a></strong><p class="-_3778a8a2429ef797-title">Foreign policy expert</p></div><figure class="-_3778a8a2429ef797-avatar -_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/b435d99e1c893d73516dc56fae055e846856f04c, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/b435d99e1c893d73516dc56fae055e846856f04c 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/b435d99e1c893d73516dc56fae055e846856f04c"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/b435d99e1c893d73516dc56fae055e846856f04c 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><source media="(min-width: 1020px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/b435d99e1c893d73516dc56fae055e846856f04c, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/b435d99e1c893d73516dc56fae055e846856f04c 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/b435d99e1c893d73516dc56fae055e846856f04c"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/b435d99e1c893d73516dc56fae055e846856f04c 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><source media="(min-width: 768px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/b435d99e1c893d73516dc56fae055e846856f04c, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/b435d99e1c893d73516dc56fae055e846856f04c 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/b435d99e1c893d73516dc56fae055e846856f04c"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/b435d99e1c893d73516dc56fae055e846856f04c 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><img alt="John Lee" class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/b435d99e1c893d73516dc56fae055e846856f04c" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/b435d99e1c893d73516dc56fae055e846856f04c, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/b435d99e1c893d73516dc56fae055e846856f04c 2x" sizes="(max-width: 767px) 80px" data-id="b435d99e1c893d73516dc56fae055e846856f04c" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/b435d99e1c893d73516dc56fae055e846856f04c"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/b435d99e1c893d73516dc56fae055e846856f04c 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}" width="80" height="80"/></picture></figure></div></div><div class="-_95c3e3665c9a64ea-opinionStory" data-pb-type="st" data-testid="OpinionStoryTile"><ul class="-ecc72d8c8ed7716d-metadata"><li class="-ecc72d8c8ed7716d-tag" data-pb-type="tg"><a class="-ecc72d8c8ed7716d-tagLink" href="/politics/federal/election">Federal election</a></li></ul><h3 class="-ecc72d8c8ed7716d-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-ecc72d8c8ed7716d-headlineLink" href="/policy/economy/labor-is-giving-the-people-what-they-want-to-hear-20250409-p5lqdw">Labor is giving the people what they want to hear</a></h3><p class="-ecc72d8c8ed7716d-about" data-pb-type="ab">Peter Dutton is struggling to compete with Anthony Albanese’s promises to protect voters from the new Trump world challenges - as opposed to facing up to them.</p><div class="-_3778a8a2429ef797-author -ecc72d8c8ed7716d-author" data-pb-type="au"><div class="-_3778a8a2429ef797-nameAndTitle"><strong><a class="-_3778a8a2429ef797-authorLink" data-testid="AuthorURL" href="/by/michael-stutchbury-j7gej">Michael Stutchbury</a></strong><p class="-_3778a8a2429ef797-title">Editor-at-large</p></div><figure class="-_3778a8a2429ef797-avatar -_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/9b2114f78b217b0d0b99cddf18935eb011e53eb4, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/9b2114f78b217b0d0b99cddf18935eb011e53eb4 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/9b2114f78b217b0d0b99cddf18935eb011e53eb4"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/9b2114f78b217b0d0b99cddf18935eb011e53eb4 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><source media="(min-width: 1020px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/9b2114f78b217b0d0b99cddf18935eb011e53eb4, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/9b2114f78b217b0d0b99cddf18935eb011e53eb4 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/9b2114f78b217b0d0b99cddf18935eb011e53eb4"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/9b2114f78b217b0d0b99cddf18935eb011e53eb4 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><source media="(min-width: 768px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/9b2114f78b217b0d0b99cddf18935eb011e53eb4, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/9b2114f78b217b0d0b99cddf18935eb011e53eb4 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/9b2114f78b217b0d0b99cddf18935eb011e53eb4"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/9b2114f78b217b0d0b99cddf18935eb011e53eb4 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><img alt="Michael Stutchbury" class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/9b2114f78b217b0d0b99cddf18935eb011e53eb4" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/9b2114f78b217b0d0b99cddf18935eb011e53eb4, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/9b2114f78b217b0d0b99cddf18935eb011e53eb4 2x" sizes="(max-width: 767px) 80px" data-id="9b2114f78b217b0d0b99cddf18935eb011e53eb4" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/9b2114f78b217b0d0b99cddf18935eb011e53eb4"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/9b2114f78b217b0d0b99cddf18935eb011e53eb4 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}" width="80" height="80"/></picture></figure></div></div></div><div class="-_95c3e3665c9a64ea-sixStories"><div class="-_95c3e3665c9a64ea-opinionStory" data-pb-type="st" data-testid="OpinionStoryTile"><ul class="-ecc72d8c8ed7716d-metadata"><li class="-ecc72d8c8ed7716d-tag" data-pb-type="tg"><a class="-ecc72d8c8ed7716d-tagLink" href="/topic/trade-wars-1lyy">Trade wars</a></li></ul><h3 class="-ecc72d8c8ed7716d-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-ecc72d8c8ed7716d-headlineLink" href="/policy/economy/trump-s-chaos-kills-american-exceptionalism-20250408-p5lq48">Trump’s chaos kills American exceptionalism</a></h3><p class="-ecc72d8c8ed7716d-about" data-pb-type="ab">Investor belief in US superiority drove Wall Street to sky-high valuations, but the president’s trade war is now eroding this conviction.</p><div class="-_3778a8a2429ef797-author -ecc72d8c8ed7716d-author" data-pb-type="au"><div class="-_3778a8a2429ef797-nameAndTitle"><strong><a class="-_3778a8a2429ef797-authorLink" data-testid="AuthorURL" href="/by/john-kehoe-j7gcg">John Kehoe</a></strong><p class="-_3778a8a2429ef797-title">Economics editor</p></div><figure class="-_3778a8a2429ef797-avatar -_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/08d011c40b44a56f06204b83c0b94d72aa857446, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/08d011c40b44a56f06204b83c0b94d72aa857446 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/08d011c40b44a56f06204b83c0b94d72aa857446"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/08d011c40b44a56f06204b83c0b94d72aa857446 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><source media="(min-width: 1020px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/08d011c40b44a56f06204b83c0b94d72aa857446, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/08d011c40b44a56f06204b83c0b94d72aa857446 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/08d011c40b44a56f06204b83c0b94d72aa857446"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/08d011c40b44a56f06204b83c0b94d72aa857446 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><source media="(min-width: 768px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/08d011c40b44a56f06204b83c0b94d72aa857446, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/08d011c40b44a56f06204b83c0b94d72aa857446 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/08d011c40b44a56f06204b83c0b94d72aa857446"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/08d011c40b44a56f06204b83c0b94d72aa857446 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><img alt="John Kehoe" class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/08d011c40b44a56f06204b83c0b94d72aa857446" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/08d011c40b44a56f06204b83c0b94d72aa857446, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/08d011c40b44a56f06204b83c0b94d72aa857446 2x" sizes="(max-width: 767px) 80px" data-id="08d011c40b44a56f06204b83c0b94d72aa857446" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/08d011c40b44a56f06204b83c0b94d72aa857446"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/08d011c40b44a56f06204b83c0b94d72aa857446 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}" width="80" height="80"/></picture></figure></div></div><div class="-_95c3e3665c9a64ea-opinionStory" data-pb-type="st" data-testid="OpinionStoryTile"><ul class="-ecc72d8c8ed7716d-metadata"><li class="-ecc72d8c8ed7716d-tag" data-pb-type="tg"><a class="-ecc72d8c8ed7716d-tagLink" href="/topic/trade-wars-1lyy">Trade wars</a></li></ul><h3 class="-ecc72d8c8ed7716d-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-ecc72d8c8ed7716d-headlineLink" href="/policy/economy/why-we-shouldn-t-rule-out-an-economic-doomsday-20250409-p5lqdu">Why we shouldn’t rule out an economic doomsday</a></h3><p class="-ecc72d8c8ed7716d-about" data-pb-type="ab">Policymakers should be war gaming the worst scenario because never before has a single signature by a single individual raised the probability of recession so sharply.</p><div class="-_3778a8a2429ef797-author -ecc72d8c8ed7716d-author" data-pb-type="au"><div class="-_3778a8a2429ef797-nameAndTitle"><strong><a class="-_3778a8a2429ef797-authorLink" data-testid="AuthorURL" href="/by/steven-hamilton-p4yvsy">Steven Hamilton</a></strong><p class="-_3778a8a2429ef797-title">Columnist</p></div><figure class="-_3778a8a2429ef797-avatar -_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/8a1a38e014cd77d6594959400d014483c18068b3, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/8a1a38e014cd77d6594959400d014483c18068b3 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/8a1a38e014cd77d6594959400d014483c18068b3"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/8a1a38e014cd77d6594959400d014483c18068b3 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><source media="(min-width: 1020px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/8a1a38e014cd77d6594959400d014483c18068b3, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/8a1a38e014cd77d6594959400d014483c18068b3 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/8a1a38e014cd77d6594959400d014483c18068b3"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/8a1a38e014cd77d6594959400d014483c18068b3 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><source media="(min-width: 768px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/8a1a38e014cd77d6594959400d014483c18068b3, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/8a1a38e014cd77d6594959400d014483c18068b3 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/8a1a38e014cd77d6594959400d014483c18068b3"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/8a1a38e014cd77d6594959400d014483c18068b3 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><img alt="Steven Hamilton" class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/8a1a38e014cd77d6594959400d014483c18068b3" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/8a1a38e014cd77d6594959400d014483c18068b3, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/8a1a38e014cd77d6594959400d014483c18068b3 2x" sizes="(max-width: 767px) 80px" data-id="8a1a38e014cd77d6594959400d014483c18068b3" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/8a1a38e014cd77d6594959400d014483c18068b3"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/8a1a38e014cd77d6594959400d014483c18068b3 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}" width="80" height="80"/></picture></figure></div></div><div class="-_95c3e3665c9a64ea-opinionStory" data-pb-type="st" data-testid="OpinionStoryTile"><ul class="-ecc72d8c8ed7716d-metadata"><li class="-ecc72d8c8ed7716d-tag" data-pb-type="tg"><a class="-ecc72d8c8ed7716d-tagLink" href="/topic/global-economy-1n6f">Global economy</a></li></ul><h3 class="-ecc72d8c8ed7716d-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-ecc72d8c8ed7716d-headlineLink" href="/policy/economy/trump-s-tariffs-will-isolate-america-from-global-trade-solution-20250409-p5lqea">Trump’s tariffs will isolate America from global trade solution</a></h3><p class="-ecc72d8c8ed7716d-about" data-pb-type="ab">Many countries that share US concerns about China’s industrial subsidies will now see it as a more reliable trade partner.</p><div class="-_3778a8a2429ef797-author -ecc72d8c8ed7716d-author" data-pb-type="au"><div class="-_3778a8a2429ef797-nameAndTitle"><strong><a class="-_3778a8a2429ef797-authorLink" data-testid="AuthorURL" href="/by/susan-stone-p537jz">Susan Stone</a></strong><p class="-_3778a8a2429ef797-title">Economist</p></div><figure class="-_3778a8a2429ef797-avatar -_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/a90087f0b8c5978a9deee55f811da6b095c9c0ab, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/a90087f0b8c5978a9deee55f811da6b095c9c0ab 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/a90087f0b8c5978a9deee55f811da6b095c9c0ab"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/a90087f0b8c5978a9deee55f811da6b095c9c0ab 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><source media="(min-width: 1020px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/a90087f0b8c5978a9deee55f811da6b095c9c0ab, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/a90087f0b8c5978a9deee55f811da6b095c9c0ab 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/a90087f0b8c5978a9deee55f811da6b095c9c0ab"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/a90087f0b8c5978a9deee55f811da6b095c9c0ab 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><source media="(min-width: 768px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/a90087f0b8c5978a9deee55f811da6b095c9c0ab, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/a90087f0b8c5978a9deee55f811da6b095c9c0ab 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/a90087f0b8c5978a9deee55f811da6b095c9c0ab"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/a90087f0b8c5978a9deee55f811da6b095c9c0ab 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><img alt="Susan Stone" class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/a90087f0b8c5978a9deee55f811da6b095c9c0ab" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/a90087f0b8c5978a9deee55f811da6b095c9c0ab, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/a90087f0b8c5978a9deee55f811da6b095c9c0ab 2x" sizes="(max-width: 767px) 80px" data-id="a90087f0b8c5978a9deee55f811da6b095c9c0ab" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/a90087f0b8c5978a9deee55f811da6b095c9c0ab"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/a90087f0b8c5978a9deee55f811da6b095c9c0ab 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}" width="80" height="80"/></picture></figure></div></div><div class="-_95c3e3665c9a64ea-opinionStory" data-pb-type="st" data-testid="OpinionStoryTile"><ul class="-ecc72d8c8ed7716d-metadata"><li class="-ecc72d8c8ed7716d-tag" data-pb-type="tg"><a class="-ecc72d8c8ed7716d-tagLink" href="/the-afr-view">The AFR View</a></li></ul><h3 class="-ecc72d8c8ed7716d-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-ecc72d8c8ed7716d-headlineLink" href="/policy/tax-and-super/no-room-for-super-complacency-about-cyber-risk-20250409-p5lqe2">No room for super complacency about cyber risk</a></h3><p class="-ecc72d8c8ed7716d-about" data-pb-type="ab">Big super’s governance failures are now piling up coordinated cyberattacks targeting some of the nation’s largest industry funds.</p><div class="-_3778a8a2429ef797-author -ecc72d8c8ed7716d-author" data-pb-type="au"><div class="-_3778a8a2429ef797-nameAndTitle"><strong><a class="-_3778a8a2429ef797-authorLink" data-testid="AuthorURL" href="/by/the-afr-view-h0w04x">The AFR View</a></strong><p class="-_3778a8a2429ef797-title">Editorial</p></div><figure class="-_3778a8a2429ef797-avatar -_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/801e756c7f525c7625f2e1c34c0df67fa5d2d441, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/801e756c7f525c7625f2e1c34c0df67fa5d2d441 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/801e756c7f525c7625f2e1c34c0df67fa5d2d441"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/801e756c7f525c7625f2e1c34c0df67fa5d2d441 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><source media="(min-width: 1020px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/801e756c7f525c7625f2e1c34c0df67fa5d2d441, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/801e756c7f525c7625f2e1c34c0df67fa5d2d441 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/801e756c7f525c7625f2e1c34c0df67fa5d2d441"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/801e756c7f525c7625f2e1c34c0df67fa5d2d441 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><source media="(min-width: 768px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/801e756c7f525c7625f2e1c34c0df67fa5d2d441, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/801e756c7f525c7625f2e1c34c0df67fa5d2d441 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/801e756c7f525c7625f2e1c34c0df67fa5d2d441"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/801e756c7f525c7625f2e1c34c0df67fa5d2d441 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><img alt="The AFR View" class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/801e756c7f525c7625f2e1c34c0df67fa5d2d441" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/801e756c7f525c7625f2e1c34c0df67fa5d2d441, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/801e756c7f525c7625f2e1c34c0df67fa5d2d441 2x" sizes="(max-width: 767px) 80px" data-id="801e756c7f525c7625f2e1c34c0df67fa5d2d441" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/801e756c7f525c7625f2e1c34c0df67fa5d2d441"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/801e756c7f525c7625f2e1c34c0df67fa5d2d441 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}" width="80" height="80"/></picture></figure></div></div><div class="-_95c3e3665c9a64ea-opinionStory" data-pb-type="st" data-testid="OpinionStoryTile"><ul class="-ecc72d8c8ed7716d-metadata"><li class="-ecc72d8c8ed7716d-tag" data-pb-type="tg"><a class="-ecc72d8c8ed7716d-tagLink" href="/topic/trump-s-america-1mp2">Trump's America</a></li></ul><h3 class="-ecc72d8c8ed7716d-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-ecc72d8c8ed7716d-headlineLink" href="/policy/economy/economics-101-says-peter-navarro-is-wrong-about-trade-20250409-p5lqcs">Markets have seen through Peter Navarro’s ‘tissue of lies’</a></h3><p class="-ecc72d8c8ed7716d-about" data-pb-type="ab">The evidence against Donald Trump’s tariff adviser, and his “poorly designed and reckless” tariff hikes, is overwhelming.</p><div class="-_3778a8a2429ef797-author -ecc72d8c8ed7716d-author" data-pb-type="au"><div class="-_3778a8a2429ef797-nameAndTitle"><strong><a class="-_3778a8a2429ef797-authorLink" data-testid="AuthorURL" href="/by/peter-swan-p536sf">Peter Swan</a></strong><p class="-_3778a8a2429ef797-title">Economist</p></div><figure class="-_3778a8a2429ef797-avatar -_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/184285d1a1b5f4626061f466522a822632afe683, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/184285d1a1b5f4626061f466522a822632afe683 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/184285d1a1b5f4626061f466522a822632afe683"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/184285d1a1b5f4626061f466522a822632afe683 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><source media="(min-width: 1020px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/184285d1a1b5f4626061f466522a822632afe683, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/184285d1a1b5f4626061f466522a822632afe683 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/184285d1a1b5f4626061f466522a822632afe683"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/184285d1a1b5f4626061f466522a822632afe683 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><source media="(min-width: 768px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/184285d1a1b5f4626061f466522a822632afe683, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/184285d1a1b5f4626061f466522a822632afe683 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/184285d1a1b5f4626061f466522a822632afe683"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/184285d1a1b5f4626061f466522a822632afe683 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><img alt="Peter Swan" class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/184285d1a1b5f4626061f466522a822632afe683" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/184285d1a1b5f4626061f466522a822632afe683, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/184285d1a1b5f4626061f466522a822632afe683 2x" sizes="(max-width: 767px) 80px" data-id="184285d1a1b5f4626061f466522a822632afe683" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/184285d1a1b5f4626061f466522a822632afe683"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/184285d1a1b5f4626061f466522a822632afe683 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}" width="80" height="80"/></picture></figure></div></div><div class="-_95c3e3665c9a64ea-opinionStory" data-pb-type="st" data-testid="OpinionStoryTile"><ul class="-ecc72d8c8ed7716d-metadata"><li class="-ecc72d8c8ed7716d-tag" data-pb-type="tg"><a class="-ecc72d8c8ed7716d-tagLink" href="/topic/energy-5wp">Energy</a></li></ul><h3 class="-ecc72d8c8ed7716d-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-ecc72d8c8ed7716d-headlineLink" href="/companies/energy/tariff-war-compounds-fear-over-transmission-cost-blowouts-20250407-p5lpo8">Tariff war compounds fear over transmission cost blowouts</a></h3><p class="-ecc72d8c8ed7716d-about" data-pb-type="ab">Evidence is clear that big energy projects are already costing more and more, and the breakdown of global trade will worsen it. But there is a silver lining.</p><div class="-_3778a8a2429ef797-author -ecc72d8c8ed7716d-author" data-pb-type="au"><div class="-_3778a8a2429ef797-nameAndTitle"><strong><a class="-_3778a8a2429ef797-authorLink" data-testid="AuthorURL" href="/by/angela-macdonald-smith-j7gcz">Angela Macdonald-Smith</a></strong><p class="-_3778a8a2429ef797-title">Senior resources writer</p></div><figure class="-_3778a8a2429ef797-avatar -_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/e52157b5b13f79df447c49ad4e07c6820f6001a8, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/e52157b5b13f79df447c49ad4e07c6820f6001a8 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/e52157b5b13f79df447c49ad4e07c6820f6001a8"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/e52157b5b13f79df447c49ad4e07c6820f6001a8 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><source media="(min-width: 1020px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/e52157b5b13f79df447c49ad4e07c6820f6001a8, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/e52157b5b13f79df447c49ad4e07c6820f6001a8 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/e52157b5b13f79df447c49ad4e07c6820f6001a8"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/e52157b5b13f79df447c49ad4e07c6820f6001a8 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><source media="(min-width: 768px)" width="80" height="80" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/e52157b5b13f79df447c49ad4e07c6820f6001a8, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/e52157b5b13f79df447c49ad4e07c6820f6001a8 2x" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/e52157b5b13f79df447c49ad4e07c6820f6001a8"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/e52157b5b13f79df447c49ad4e07c6820f6001a8 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}"/><img alt="Angela Macdonald-Smith" class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/e52157b5b13f79df447c49ad4e07c6820f6001a8" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/e52157b5b13f79df447c49ad4e07c6820f6001a8, https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/e52157b5b13f79df447c49ad4e07c6820f6001a8 2x" sizes="(max-width: 767px) 80px" data-id="e52157b5b13f79df447c49ad4e07c6820f6001a8" data-pb-im-config="{"urls":["https://static.ffx.io/images/$width_80%2C$height_80/t_crop_fill%2Cq_auto:best%2Cfl_any_format/e52157b5b13f79df447c49ad4e07c6820f6001a8"," https://static.ffx.io/images/$width_160%2C$height_160/t_crop_fill%2Cq_auto:best%2Cfl_any_format/e52157b5b13f79df447c49ad4e07c6820f6001a8 2x"],"width":80,"aspectRatio":1,"type":"square1x1"}" width="80" height="80"/></picture></figure></div></div></div></section><div class="-_8a57cc60d1604fd3-brandedColumn"><section class="-_8d4d30c28884cbcf-contentUnit -_8d4d30c28884cbcf-block" data-contentunit-id="627"><header class="-_8d4d30c28884cbcf-header" data-testid="ContentUnitHeading-header"><h2 class="-_8d4d30c28884cbcf-heading" data-pb-type="hi" data-testid="ContentUnitHeading-heading"><a 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srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3916%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_54/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f516a64345c35ab937735c7f56ccd8826bfe31f2, https://static.ffx.io/images/$zoom_0.3916%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_54/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f516a64345c35ab937735c7f56ccd8826bfe31f2 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3916%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_54/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f516a64345c35ab937735c7f56ccd8826bfe31f2"," https://static.ffx.io/images/$zoom_0.3916%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_54/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f516a64345c35ab937735c7f56ccd8826bfe31f2 2x"]}"/><img alt="Equities roared back to life on Thursday following Donald Trump’s tariff backdown. " class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.3916%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_54/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f516a64345c35ab937735c7f56ccd8826bfe31f2" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.2%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_71%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/f516a64345c35ab937735c7f56ccd8826bfe31f2, https://static.ffx.io/images/$zoom_0.2%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_71%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/f516a64345c35ab937735c7f56ccd8826bfe31f2 2x" sizes="(max-width: 767px) 80px" data-id="p5lqbu" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.2%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_71%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/f516a64345c35ab937735c7f56ccd8826bfe31f2"," https://static.ffx.io/images/$zoom_0.2%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_71%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/f516a64345c35ab937735c7f56ccd8826bfe31f2 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/chanticleer/buckle-up-for-next-90-days-as-tariff-talks-play-out-20250409-p5lqbu">Buckle up for next 90-days as tariff talks play out</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">Sentiment turned on a dime on Thursday as investors piled back into equities. We spoke to one of the country’s top wealth investor shops to find out why.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp">1 hr ago</li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">Anthony Macdonald</li></ul></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-label" data-pb-type="lb">Opinion</li><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/the-afr-view">The AFR View</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/policy/economy/trump-s-economic-cold-war-forces-trade-pragmatism-from-australia-20250410-p5lqp6"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b, https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b"," https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b, https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b"," https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b, https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b"," https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b 2x"]}"/><img alt="China has more skin to lose in this game of chicken. Yet China’s authoritarian political system has more tools at its disposal." class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1404%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_91%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b, https://static.ffx.io/images/$zoom_0.1404%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_91%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b 2x" sizes="(max-width: 767px) 80px" data-id="p5lqp6" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1404%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_91%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b"," https://static.ffx.io/images/$zoom_0.1404%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_91%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/policy/economy/trump-s-economic-cold-war-forces-trade-pragmatism-from-australia-20250410-p5lqp6">Trump’s economic cold war forces trade pragmatism from Australia</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">Deepening South-East Asian trade ties would prevent an assertive China exploiting the vacuum left by Trump’s unpredictability.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 10, 2025 – 6.34pm">Apr 10, 2025</time></li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">The AFR View</li></ul></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/opinion/letters-to-the-editor">Letters to the Editor</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/policy/economy/asx-board-management-needs-a-clean-out-20250410-p5lqri"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3968%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7f8787bdd019cb7c55d81fa3baad571468b03874, https://static.ffx.io/images/$zoom_0.3968%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7f8787bdd019cb7c55d81fa3baad571468b03874 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3968%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7f8787bdd019cb7c55d81fa3baad571468b03874"," https://static.ffx.io/images/$zoom_0.3968%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7f8787bdd019cb7c55d81fa3baad571468b03874 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3968%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7f8787bdd019cb7c55d81fa3baad571468b03874, https://static.ffx.io/images/$zoom_0.3968%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7f8787bdd019cb7c55d81fa3baad571468b03874 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3968%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7f8787bdd019cb7c55d81fa3baad571468b03874"," https://static.ffx.io/images/$zoom_0.3968%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7f8787bdd019cb7c55d81fa3baad571468b03874 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3968%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7f8787bdd019cb7c55d81fa3baad571468b03874, https://static.ffx.io/images/$zoom_0.3968%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7f8787bdd019cb7c55d81fa3baad571468b03874 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3968%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7f8787bdd019cb7c55d81fa3baad571468b03874"," https://static.ffx.io/images/$zoom_0.3968%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/7f8787bdd019cb7c55d81fa3baad571468b03874 2x"]}"/><img alt="The ASX suffered another CHESS outage before Christmas." class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.3968%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/7f8787bdd019cb7c55d81fa3baad571468b03874" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.409%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_713%2C$y_29/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/7f8787bdd019cb7c55d81fa3baad571468b03874, https://static.ffx.io/images/$zoom_0.409%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_713%2C$y_29/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/7f8787bdd019cb7c55d81fa3baad571468b03874 2x" sizes="(max-width: 767px) 80px" data-id="p5lqri" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.409%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_713%2C$y_29/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/7f8787bdd019cb7c55d81fa3baad571468b03874"," https://static.ffx.io/images/$zoom_0.409%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_713%2C$y_29/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/7f8787bdd019cb7c55d81fa3baad571468b03874 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/policy/economy/asx-board-management-needs-a-clean-out-20250410-p5lqri">ASX board, management needs a clean-out</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">Readers’ letters on the Reserve Bank losing confidence in the ASX, Donald Trump’s backdown on tariffs, foreign students and Peter Dutton’s election campaign</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 10, 2025 – 2.29pm">Apr 10, 2025</time></li></ul></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-label" data-pb-type="lb">Opinion</li><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/politics/federal/election">Federal election</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/policy/economy/coalition-s-future-fund-plan-is-a-funny-money-fiscal-illusion-20250409-p5lqko"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.378%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_777%2C$y_211/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f67cf4e1509c8e1cb086000a71d0e4116509152c, https://static.ffx.io/images/$zoom_0.378%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_777%2C$y_211/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f67cf4e1509c8e1cb086000a71d0e4116509152c 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.378%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_777%2C$y_211/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f67cf4e1509c8e1cb086000a71d0e4116509152c"," https://static.ffx.io/images/$zoom_0.378%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_777%2C$y_211/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f67cf4e1509c8e1cb086000a71d0e4116509152c 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.378%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_777%2C$y_211/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f67cf4e1509c8e1cb086000a71d0e4116509152c, https://static.ffx.io/images/$zoom_0.378%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_777%2C$y_211/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f67cf4e1509c8e1cb086000a71d0e4116509152c 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.378%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_777%2C$y_211/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f67cf4e1509c8e1cb086000a71d0e4116509152c"," https://static.ffx.io/images/$zoom_0.378%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_777%2C$y_211/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f67cf4e1509c8e1cb086000a71d0e4116509152c 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.378%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_777%2C$y_211/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f67cf4e1509c8e1cb086000a71d0e4116509152c, https://static.ffx.io/images/$zoom_0.378%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_777%2C$y_211/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f67cf4e1509c8e1cb086000a71d0e4116509152c 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.378%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_777%2C$y_211/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f67cf4e1509c8e1cb086000a71d0e4116509152c"," https://static.ffx.io/images/$zoom_0.378%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_777%2C$y_211/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f67cf4e1509c8e1cb086000a71d0e4116509152c 2x"]}"/><img alt="The Coalition’s proposal to pay down debt would actually involve the federal government taking on even more debt." class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.378%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_777%2C$y_211/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f67cf4e1509c8e1cb086000a71d0e4116509152c" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.157%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_343%2C$y_35/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/f67cf4e1509c8e1cb086000a71d0e4116509152c, https://static.ffx.io/images/$zoom_0.157%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_343%2C$y_35/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/f67cf4e1509c8e1cb086000a71d0e4116509152c 2x" sizes="(max-width: 767px) 80px" data-id="p5lqko" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.157%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_343%2C$y_35/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/f67cf4e1509c8e1cb086000a71d0e4116509152c"," https://static.ffx.io/images/$zoom_0.157%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_343%2C$y_35/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/f67cf4e1509c8e1cb086000a71d0e4116509152c 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/policy/economy/coalition-s-future-fund-plan-is-a-funny-money-fiscal-illusion-20250409-p5lqko">Coalition’s Future Fund plan is a funny money fiscal illusion</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">The opposition’s proposal to pay down debt would actually involve the federal government taking on even more debt.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 10, 2025 – 12.01pm">Apr 10, 2025</time></li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">Michael Read</li></ul></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-label" data-pb-type="lb">Opinion</li><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/chanticleer">Chanticleer</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/chanticleer/bond-markets-smacked-trump-s-tariff-plan-he-had-to-back-down-20250410-p5lqmz"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3146%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/39a75a527261d62bbf50f87ac51b9c9006c71c6c, https://static.ffx.io/images/$zoom_0.3146%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/39a75a527261d62bbf50f87ac51b9c9006c71c6c 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3146%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/39a75a527261d62bbf50f87ac51b9c9006c71c6c"," https://static.ffx.io/images/$zoom_0.3146%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/39a75a527261d62bbf50f87ac51b9c9006c71c6c 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3146%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/39a75a527261d62bbf50f87ac51b9c9006c71c6c, https://static.ffx.io/images/$zoom_0.3146%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/39a75a527261d62bbf50f87ac51b9c9006c71c6c 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3146%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/39a75a527261d62bbf50f87ac51b9c9006c71c6c"," https://static.ffx.io/images/$zoom_0.3146%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/39a75a527261d62bbf50f87ac51b9c9006c71c6c 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3146%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/39a75a527261d62bbf50f87ac51b9c9006c71c6c, https://static.ffx.io/images/$zoom_0.3146%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/39a75a527261d62bbf50f87ac51b9c9006c71c6c 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3146%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/39a75a527261d62bbf50f87ac51b9c9006c71c6c"," https://static.ffx.io/images/$zoom_0.3146%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/39a75a527261d62bbf50f87ac51b9c9006c71c6c 2x"]}"/><img alt=" " class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.3146%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/39a75a527261d62bbf50f87ac51b9c9006c71c6c" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1531%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_127%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/39a75a527261d62bbf50f87ac51b9c9006c71c6c, https://static.ffx.io/images/$zoom_0.1531%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_127%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/39a75a527261d62bbf50f87ac51b9c9006c71c6c 2x" sizes="(max-width: 767px) 80px" data-id="p5lqmz" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1531%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_127%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/39a75a527261d62bbf50f87ac51b9c9006c71c6c"," https://static.ffx.io/images/$zoom_0.1531%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_127%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/39a75a527261d62bbf50f87ac51b9c9006c71c6c 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/chanticleer/bond-markets-smacked-trump-s-tariff-plan-he-had-to-back-down-20250410-p5lqmz">Bond markets smacked Trump’s tariff plan. He had to back down</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">Markets are recovering, but the scars from Trump’s tariff saga will run deep.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 10, 2025 – 10.56am">Apr 10, 2025</time></li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">Anthony Macdonald</li></ul></div><div class="-a13f36d52c4588f7-styledAd -f50d81ced4042856-inlineAdSmallMediumOnly"><div class="adWrapper -a13f36d52c4588f7-wrapper -f50d81ced4042856-inlineAd" data-testid="ad-wrapper"><div class="" id="adspot-320x360_320x50_300x250_300x50-pos3-mobile"></div><div class="" id="adspot-728x90-pos3-tablet"></div><small class="-a13f36d52c4588f7-text">Advertisement</small></div></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-label" data-pb-type="lb">Opinion</li><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/topic/artificial-intelligence-5ui">AI</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/technology/for-a-revealing-insight-into-nvidia-this-book-is-unrivalled-20250407-p5lpo6"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e65182ac6b77d4a41c63f1f856850933235ef2a3, https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/e65182ac6b77d4a41c63f1f856850933235ef2a3 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e65182ac6b77d4a41c63f1f856850933235ef2a3"," https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/e65182ac6b77d4a41c63f1f856850933235ef2a3 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e65182ac6b77d4a41c63f1f856850933235ef2a3, https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/e65182ac6b77d4a41c63f1f856850933235ef2a3 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e65182ac6b77d4a41c63f1f856850933235ef2a3"," https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/e65182ac6b77d4a41c63f1f856850933235ef2a3 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e65182ac6b77d4a41c63f1f856850933235ef2a3, https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/e65182ac6b77d4a41c63f1f856850933235ef2a3 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e65182ac6b77d4a41c63f1f856850933235ef2a3"," https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/e65182ac6b77d4a41c63f1f856850933235ef2a3 2x"]}"/><img alt="Nvidia chief executive Jensen Huang has become a god in markets." class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_133/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e65182ac6b77d4a41c63f1f856850933235ef2a3" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.192%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_99%2C$y_77/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/e65182ac6b77d4a41c63f1f856850933235ef2a3, https://static.ffx.io/images/$zoom_0.192%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_99%2C$y_77/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/e65182ac6b77d4a41c63f1f856850933235ef2a3 2x" sizes="(max-width: 767px) 80px" data-id="p5lpo6" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.192%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_99%2C$y_77/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/e65182ac6b77d4a41c63f1f856850933235ef2a3"," https://static.ffx.io/images/$zoom_0.192%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_99%2C$y_77/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/e65182ac6b77d4a41c63f1f856850933235ef2a3 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/technology/for-a-revealing-insight-into-nvidia-this-book-is-unrivalled-20250407-p5lpo6">For a revealing insight into Nvidia, this book is unrivalled</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">Jensen Huang’s brainchild, Nvidia, has had astronomic success making microchips. Stephen Witt’s “The Thinking Machine” tells the inside story.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 10, 2025 – 5.00am">Apr 10, 2025</time></li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">Tom Knowles</li></ul></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-label" data-pb-type="lb">Opinion</li><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/topic/smsfs-61z">SMSFs</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/wealth/superannuation/why-your-smsf-is-not-a-de-facto-private-bank-20250402-p5lom4"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_8/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/947a5b830f8bd5ba7ee6e3d9c1d2ca5c4446c933, https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_8/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/947a5b830f8bd5ba7ee6e3d9c1d2ca5c4446c933 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_8/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/947a5b830f8bd5ba7ee6e3d9c1d2ca5c4446c933"," https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_8/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/947a5b830f8bd5ba7ee6e3d9c1d2ca5c4446c933 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_8/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/947a5b830f8bd5ba7ee6e3d9c1d2ca5c4446c933, https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_8/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/947a5b830f8bd5ba7ee6e3d9c1d2ca5c4446c933 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_8/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/947a5b830f8bd5ba7ee6e3d9c1d2ca5c4446c933"," https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_8/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/947a5b830f8bd5ba7ee6e3d9c1d2ca5c4446c933 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_8/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/947a5b830f8bd5ba7ee6e3d9c1d2ca5c4446c933, https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_8/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/947a5b830f8bd5ba7ee6e3d9c1d2ca5c4446c933 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_8/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/947a5b830f8bd5ba7ee6e3d9c1d2ca5c4446c933"," https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_8/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/947a5b830f8bd5ba7ee6e3d9c1d2ca5c4446c933 2x"]}"/><img alt="A breach can trigger significant tax penalties, non-compliance risks and potential trustee disqualification." class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.1765%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_8/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/947a5b830f8bd5ba7ee6e3d9c1d2ca5c4446c933" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1096%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_149%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/947a5b830f8bd5ba7ee6e3d9c1d2ca5c4446c933, https://static.ffx.io/images/$zoom_0.1096%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_149%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/947a5b830f8bd5ba7ee6e3d9c1d2ca5c4446c933 2x" sizes="(max-width: 767px) 80px" data-id="p5lom4" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1096%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_149%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/947a5b830f8bd5ba7ee6e3d9c1d2ca5c4446c933"," https://static.ffx.io/images/$zoom_0.1096%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_149%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/947a5b830f8bd5ba7ee6e3d9c1d2ca5c4446c933 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/wealth/superannuation/why-your-smsf-is-not-a-de-facto-private-bank-20250402-p5lom4">Why your SMSF is not a de facto private bank</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">Many self-managed super fund trustees continue to cite a handful of persistent myths to justify – or excuse – unlawful loans.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 10, 2025 – 5.00am">Apr 10, 2025</time></li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">Peter Burgess</li></ul></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-label" data-pb-type="lb">Opinion</li><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/topic/inheritance-hp7">Inheritance</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/wealth/personal-finance/feels-like-the-commissioner-is-sitting-at-the-kitchen-table-20250328-p5ln95"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2368%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_3/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/5b4d3de300f7ce76fb88b87e6de3de2974e4b09d, https://static.ffx.io/images/$zoom_0.2368%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_3/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/5b4d3de300f7ce76fb88b87e6de3de2974e4b09d 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2368%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_3/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/5b4d3de300f7ce76fb88b87e6de3de2974e4b09d"," https://static.ffx.io/images/$zoom_0.2368%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_3/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/5b4d3de300f7ce76fb88b87e6de3de2974e4b09d 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2368%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_3/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/5b4d3de300f7ce76fb88b87e6de3de2974e4b09d, https://static.ffx.io/images/$zoom_0.2368%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_3/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/5b4d3de300f7ce76fb88b87e6de3de2974e4b09d 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2368%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_3/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/5b4d3de300f7ce76fb88b87e6de3de2974e4b09d"," https://static.ffx.io/images/$zoom_0.2368%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_3/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/5b4d3de300f7ce76fb88b87e6de3de2974e4b09d 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2368%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_3/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/5b4d3de300f7ce76fb88b87e6de3de2974e4b09d, https://static.ffx.io/images/$zoom_0.2368%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_3/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/5b4d3de300f7ce76fb88b87e6de3de2974e4b09d 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2368%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_3/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/5b4d3de300f7ce76fb88b87e6de3de2974e4b09d"," https://static.ffx.io/images/$zoom_0.2368%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_3/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/5b4d3de300f7ce76fb88b87e6de3de2974e4b09d 2x"]}"/><img alt="ATO commissioner Rob Heferen." class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.2368%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_3/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/5b4d3de300f7ce76fb88b87e6de3de2974e4b09d" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1268%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_103%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/5b4d3de300f7ce76fb88b87e6de3de2974e4b09d, https://static.ffx.io/images/$zoom_0.1268%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_103%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/5b4d3de300f7ce76fb88b87e6de3de2974e4b09d 2x" sizes="(max-width: 767px) 80px" data-id="p5ln95" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1268%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_103%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/5b4d3de300f7ce76fb88b87e6de3de2974e4b09d"," https://static.ffx.io/images/$zoom_0.1268%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_103%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/5b4d3de300f7ce76fb88b87e6de3de2974e4b09d 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/wealth/personal-finance/feels-like-the-commissioner-is-sitting-at-the-kitchen-table-20250328-p5ln95">‘Feels like the commissioner is sitting at the kitchen table’</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">What was once a relatively simple formula has become a maze of complex decisions with potentially severe tax consequences.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 10, 2025 – 5.00am">Apr 10, 2025</time></li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">Jonathan Ortner</li></ul></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-label" data-pb-type="lb">Opinion</li><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/lists-and-awards/best-places-to-work">Best places to work</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/work-and-careers/workplace/beyond-perks-and-pay-the-expanding-role-of-work-in-a-volatile-world-20250327-p5lmx8"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.4076%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_165/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/65888e3e60e3cf059ebb6394209fd657ef96ed4a, https://static.ffx.io/images/$zoom_0.4076%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_165/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/65888e3e60e3cf059ebb6394209fd657ef96ed4a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.4076%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_165/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/65888e3e60e3cf059ebb6394209fd657ef96ed4a"," https://static.ffx.io/images/$zoom_0.4076%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_165/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/65888e3e60e3cf059ebb6394209fd657ef96ed4a 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.4076%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_165/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/65888e3e60e3cf059ebb6394209fd657ef96ed4a, https://static.ffx.io/images/$zoom_0.4076%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_165/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/65888e3e60e3cf059ebb6394209fd657ef96ed4a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.4076%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_165/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/65888e3e60e3cf059ebb6394209fd657ef96ed4a"," https://static.ffx.io/images/$zoom_0.4076%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_165/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/65888e3e60e3cf059ebb6394209fd657ef96ed4a 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.4076%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_165/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/65888e3e60e3cf059ebb6394209fd657ef96ed4a, https://static.ffx.io/images/$zoom_0.4076%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_165/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/65888e3e60e3cf059ebb6394209fd657ef96ed4a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.4076%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_165/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/65888e3e60e3cf059ebb6394209fd657ef96ed4a"," https://static.ffx.io/images/$zoom_0.4076%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_165/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/65888e3e60e3cf059ebb6394209fd657ef96ed4a 2x"]}"/><img alt=" Penelope Cottrill, Principal Consultant at Bendelta" class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.4076%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_165/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/65888e3e60e3cf059ebb6394209fd657ef96ed4a" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1455%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_0%2C$y_31/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/65888e3e60e3cf059ebb6394209fd657ef96ed4a, https://static.ffx.io/images/$zoom_0.1455%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_0%2C$y_31/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/65888e3e60e3cf059ebb6394209fd657ef96ed4a 2x" sizes="(max-width: 767px) 80px" data-id="p5lmx8" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1455%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_0%2C$y_31/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/65888e3e60e3cf059ebb6394209fd657ef96ed4a"," https://static.ffx.io/images/$zoom_0.1455%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_0%2C$y_31/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/65888e3e60e3cf059ebb6394209fd657ef96ed4a 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/work-and-careers/workplace/beyond-perks-and-pay-the-expanding-role-of-work-in-a-volatile-world-20250327-p5lmx8">Beyond perks and pay: The expanding role of work in a volatile world</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">In rapidly changing times, successful organisations will be intentional, strategic and courageous in making difficult yet necessary choices.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 10, 2025 – 5.00am">Apr 10, 2025</time></li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">Penelope Cottrill</li></ul></div><div class="-f50d81ced4042856-dateWrapper"><h2 class="-f50d81ced4042856-date">Yesterday</h2></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-label" data-pb-type="lb">Opinion</li><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/chanticleer">Chanticleer</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/chanticleer/the-day-a-market-rout-turned-into-something-scarier-for-investors-20250409-p5lqiy"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6292%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_104/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/1b2057ab58f3684d16f8f82eb16f6e28f2b76e79, https://static.ffx.io/images/$zoom_0.6292%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_104/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/1b2057ab58f3684d16f8f82eb16f6e28f2b76e79 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6292%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_104/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/1b2057ab58f3684d16f8f82eb16f6e28f2b76e79"," https://static.ffx.io/images/$zoom_0.6292%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_104/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/1b2057ab58f3684d16f8f82eb16f6e28f2b76e79 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6292%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_104/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/1b2057ab58f3684d16f8f82eb16f6e28f2b76e79, https://static.ffx.io/images/$zoom_0.6292%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_104/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/1b2057ab58f3684d16f8f82eb16f6e28f2b76e79 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6292%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_104/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/1b2057ab58f3684d16f8f82eb16f6e28f2b76e79"," https://static.ffx.io/images/$zoom_0.6292%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_104/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/1b2057ab58f3684d16f8f82eb16f6e28f2b76e79 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6292%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_104/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/1b2057ab58f3684d16f8f82eb16f6e28f2b76e79, https://static.ffx.io/images/$zoom_0.6292%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_104/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/1b2057ab58f3684d16f8f82eb16f6e28f2b76e79 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6292%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_104/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/1b2057ab58f3684d16f8f82eb16f6e28f2b76e79"," https://static.ffx.io/images/$zoom_0.6292%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_104/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/1b2057ab58f3684d16f8f82eb16f6e28f2b76e79 2x"]}"/><img alt=" " class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.6292%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_104/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/1b2057ab58f3684d16f8f82eb16f6e28f2b76e79" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.3063%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_64%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/1b2057ab58f3684d16f8f82eb16f6e28f2b76e79, https://static.ffx.io/images/$zoom_0.3063%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_64%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/1b2057ab58f3684d16f8f82eb16f6e28f2b76e79 2x" sizes="(max-width: 767px) 80px" data-id="p5lqiy" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.3063%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_64%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/1b2057ab58f3684d16f8f82eb16f6e28f2b76e79"," https://static.ffx.io/images/$zoom_0.3063%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_64%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/1b2057ab58f3684d16f8f82eb16f6e28f2b76e79 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/chanticleer/the-day-a-market-rout-turned-into-something-scarier-for-investors-20250409-p5lqiy">The day a market rout turned into something scarier for investors</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">What looked like a standard and orderly sell-off – overpriced equity markets reacting to an economic growth shock or the prospect of a US recession – is starting to look leaky.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 9, 2025 – 8.00pm">Apr 9, 2025</time></li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">Anthony Macdonald</li></ul></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-label" data-pb-type="lb">Opinion</li><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/chanticleer">Chanticleer</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/chanticleer/this-us1b-plus-cash-bid-is-a-real-test-of-valuations-in-jumpy-markets-20250409-p5lqbt"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_70/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/2d489f9f64668fd801c4957c9ba48e458fdd4540, https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_70/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/2d489f9f64668fd801c4957c9ba48e458fdd4540 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_70/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/2d489f9f64668fd801c4957c9ba48e458fdd4540"," https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_70/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/2d489f9f64668fd801c4957c9ba48e458fdd4540 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_70/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/2d489f9f64668fd801c4957c9ba48e458fdd4540, https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_70/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/2d489f9f64668fd801c4957c9ba48e458fdd4540 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_70/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/2d489f9f64668fd801c4957c9ba48e458fdd4540"," https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_70/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/2d489f9f64668fd801c4957c9ba48e458fdd4540 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_70/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/2d489f9f64668fd801c4957c9ba48e458fdd4540, https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_70/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/2d489f9f64668fd801c4957c9ba48e458fdd4540 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_70/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/2d489f9f64668fd801c4957c9ba48e458fdd4540"," https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_70/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/2d489f9f64668fd801c4957c9ba48e458fdd4540 2x"]}"/><img alt="Australia’s home of the only $US1 billion plus cash M&A bid since Liberation Day. " class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.6294%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_70/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/2d489f9f64668fd801c4957c9ba48e458fdd4540" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.3063%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_127%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/2d489f9f64668fd801c4957c9ba48e458fdd4540, https://static.ffx.io/images/$zoom_0.3063%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_127%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/2d489f9f64668fd801c4957c9ba48e458fdd4540 2x" sizes="(max-width: 767px) 80px" data-id="p5lqbt" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.3063%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_127%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/2d489f9f64668fd801c4957c9ba48e458fdd4540"," https://static.ffx.io/images/$zoom_0.3063%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_127%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/2d489f9f64668fd801c4957c9ba48e458fdd4540 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/chanticleer/this-us1b-plus-cash-bid-is-a-real-test-of-valuations-in-jumpy-markets-20250409-p5lqbt">This $US1b-plus cash bid is a real test of valuations in jumpy markets</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">Who would have thought Australia would be home to the only $US1 billion-plus cash M&A deal globally since ‘liberation day’?</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 9, 2025 – 5.58pm">Apr 9, 2025</time></li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">Anthony Macdonald</li></ul></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-label" data-pb-type="lb">Opinion</li><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/topic/property-observed-6g5l">Property Observed</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/property/commercial/looking-for-a-safe-haven-in-the-trade-wars-come-on-in-20250408-p5lq9n"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1828%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_110/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/5244afc5b3f8e9133efb3a141119ae089950015c, https://static.ffx.io/images/$zoom_0.1828%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_110/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/5244afc5b3f8e9133efb3a141119ae089950015c 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1828%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_110/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/5244afc5b3f8e9133efb3a141119ae089950015c"," https://static.ffx.io/images/$zoom_0.1828%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_110/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/5244afc5b3f8e9133efb3a141119ae089950015c 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1828%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_110/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/5244afc5b3f8e9133efb3a141119ae089950015c, https://static.ffx.io/images/$zoom_0.1828%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_110/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/5244afc5b3f8e9133efb3a141119ae089950015c 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1828%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_110/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/5244afc5b3f8e9133efb3a141119ae089950015c"," https://static.ffx.io/images/$zoom_0.1828%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_110/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/5244afc5b3f8e9133efb3a141119ae089950015c 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1828%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_110/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/5244afc5b3f8e9133efb3a141119ae089950015c, https://static.ffx.io/images/$zoom_0.1828%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_110/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/5244afc5b3f8e9133efb3a141119ae089950015c 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1828%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_110/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/5244afc5b3f8e9133efb3a141119ae089950015c"," https://static.ffx.io/images/$zoom_0.1828%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_110/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/5244afc5b3f8e9133efb3a141119ae089950015c 2x"]}"/><img alt="Australian real estate may provide refuge for investors amid global turmoil." class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.1828%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_110/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/5244afc5b3f8e9133efb3a141119ae089950015c" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.0979%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_185%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/5244afc5b3f8e9133efb3a141119ae089950015c, https://static.ffx.io/images/$zoom_0.0979%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_185%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/5244afc5b3f8e9133efb3a141119ae089950015c 2x" sizes="(max-width: 767px) 80px" data-id="p5lq9n" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.0979%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_185%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/5244afc5b3f8e9133efb3a141119ae089950015c"," https://static.ffx.io/images/$zoom_0.0979%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_185%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/5244afc5b3f8e9133efb3a141119ae089950015c 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/property/commercial/looking-for-a-safe-haven-in-the-trade-wars-come-on-in-20250408-p5lq9n">Looking for a safe haven in the trade wars? Come on in</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">Falling interest rates and a weak Australian dollar could make local real estate all the more attractive to foreign capital.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 9, 2025 – 5.34pm">Apr 9, 2025</time></li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">Robert Harley</li></ul></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/opinion/letters-to-the-editor">Letters to the Editor</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/policy/economy/election-campaign-of-cheap-jibes-and-petty-bribes-20250409-p5lqhf"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/b672caa98f90b225681faccd4a4d266c9d96a7f3, https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/b672caa98f90b225681faccd4a4d266c9d96a7f3 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/b672caa98f90b225681faccd4a4d266c9d96a7f3"," https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/b672caa98f90b225681faccd4a4d266c9d96a7f3 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/b672caa98f90b225681faccd4a4d266c9d96a7f3, https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/b672caa98f90b225681faccd4a4d266c9d96a7f3 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/b672caa98f90b225681faccd4a4d266c9d96a7f3"," https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/b672caa98f90b225681faccd4a4d266c9d96a7f3 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/b672caa98f90b225681faccd4a4d266c9d96a7f3, https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/b672caa98f90b225681faccd4a4d266c9d96a7f3 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/b672caa98f90b225681faccd4a4d266c9d96a7f3"," https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/b672caa98f90b225681faccd4a4d266c9d96a7f3 2x"]}"/><img alt="The opponents tap gloves before a brawl." class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/b672caa98f90b225681faccd4a4d266c9d96a7f3" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1404%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_123%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/b672caa98f90b225681faccd4a4d266c9d96a7f3, https://static.ffx.io/images/$zoom_0.1404%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_123%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/b672caa98f90b225681faccd4a4d266c9d96a7f3 2x" sizes="(max-width: 767px) 80px" data-id="p5lqhf" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1404%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_123%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/b672caa98f90b225681faccd4a4d266c9d96a7f3"," https://static.ffx.io/images/$zoom_0.1404%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_123%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/b672caa98f90b225681faccd4a4d266c9d96a7f3 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/policy/economy/election-campaign-of-cheap-jibes-and-petty-bribes-20250409-p5lqhf">Election campaign of cheap jibes and petty bribes</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">Readers’ letters on Anthony Albanese and Peter Dutton’s campaign performance, Donald Trump’s tariffs and making childcare a tax deduction.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 9, 2025 – 4.06pm">Apr 9, 2025</time></li></ul></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-label" data-pb-type="lb">Opinion</li><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/topic/trump-s-america-1mp2">Trump's America</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/world/north-america/don-t-get-even-get-ahead-should-be-australia-s-response-to-trump-20250409-p5lqep"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" 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data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3151%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f68fa87fe36823b08a287bc76a4e73d4698523242d8297634fccb94daf012ead"," https://static.ffx.io/images/$zoom_0.3151%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f68fa87fe36823b08a287bc76a4e73d4698523242d8297634fccb94daf012ead 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" 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768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3151%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f68fa87fe36823b08a287bc76a4e73d4698523242d8297634fccb94daf012ead, https://static.ffx.io/images/$zoom_0.3151%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f68fa87fe36823b08a287bc76a4e73d4698523242d8297634fccb94daf012ead 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3151%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f68fa87fe36823b08a287bc76a4e73d4698523242d8297634fccb94daf012ead"," https://static.ffx.io/images/$zoom_0.3151%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f68fa87fe36823b08a287bc76a4e73d4698523242d8297634fccb94daf012ead 2x"]}"/><img alt="Australia must avoid lighting the blue touch paper of revenge tariffs. " class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.3151%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f68fa87fe36823b08a287bc76a4e73d4698523242d8297634fccb94daf012ead" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1908%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_258%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/f68fa87fe36823b08a287bc76a4e73d4698523242d8297634fccb94daf012ead, https://static.ffx.io/images/$zoom_0.1908%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_258%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/f68fa87fe36823b08a287bc76a4e73d4698523242d8297634fccb94daf012ead 2x" sizes="(max-width: 767px) 80px" data-id="p5lqep" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1908%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_258%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/f68fa87fe36823b08a287bc76a4e73d4698523242d8297634fccb94daf012ead"," https://static.ffx.io/images/$zoom_0.1908%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_258%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/f68fa87fe36823b08a287bc76a4e73d4698523242d8297634fccb94daf012ead 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/world/north-america/don-t-get-even-get-ahead-should-be-australia-s-response-to-trump-20250409-p5lqep">‘Don’t get even, get ahead’ should be Australia’s response to Trump</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">Now is a time for Australia to lean into the rest of the global trading system and play an even greater leadership role.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 9, 2025 – 12.13pm">Apr 9, 2025</time></li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">Simon Birmingham</li></ul></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-label" data-pb-type="lb">Opinion</li><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/topic/trump-s-white-house-1m69">Trump's White House</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/world/north-america/trump-and-the-mob-boss-approach-to-global-markets-20250409-p5lqf2"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_4/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/a782eebbc2e775b740ebeb3ada12517f16d47565, https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_4/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/a782eebbc2e775b740ebeb3ada12517f16d47565 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_4/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/a782eebbc2e775b740ebeb3ada12517f16d47565"," https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_4/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/a782eebbc2e775b740ebeb3ada12517f16d47565 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_4/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/a782eebbc2e775b740ebeb3ada12517f16d47565, https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_4/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/a782eebbc2e775b740ebeb3ada12517f16d47565 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_4/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/a782eebbc2e775b740ebeb3ada12517f16d47565"," https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_4/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/a782eebbc2e775b740ebeb3ada12517f16d47565 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_4/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/a782eebbc2e775b740ebeb3ada12517f16d47565, https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_4/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/a782eebbc2e775b740ebeb3ada12517f16d47565 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_4/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/a782eebbc2e775b740ebeb3ada12517f16d47565"," https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_4/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/a782eebbc2e775b740ebeb3ada12517f16d47565 2x"]}"/><img alt="Donald Trump is " class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_4/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/a782eebbc2e775b740ebeb3ada12517f16d47565" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1404%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_4%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/a782eebbc2e775b740ebeb3ada12517f16d47565, https://static.ffx.io/images/$zoom_0.1404%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_4%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/a782eebbc2e775b740ebeb3ada12517f16d47565 2x" sizes="(max-width: 767px) 80px" data-id="p5lqf2" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1404%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_4%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/a782eebbc2e775b740ebeb3ada12517f16d47565"," https://static.ffx.io/images/$zoom_0.1404%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_4%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/a782eebbc2e775b740ebeb3ada12517f16d47565 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/world/north-america/trump-and-the-mob-boss-approach-to-global-markets-20250409-p5lqf2">Trump’s mob boss approach to global markets will backfire</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">The US president has discovered that it is easier to shake down a law firm than to reshape the international trading system.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 9, 2025 – 11.30am">Apr 9, 2025</time></li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">Gideon Rachman</li></ul></div><div class="-a13f36d52c4588f7-styledAd -f50d81ced4042856-inlineAdSmallMediumOnly"><div class="adWrapper -a13f36d52c4588f7-wrapper -f50d81ced4042856-inlineAd" data-testid="ad-wrapper"><div class="" id="adspot-320x360_320x50_300x250_300x50-pos4-mobile"></div><div class="" id="adspot-728x90-pos4-tablet"></div><small class="-a13f36d52c4588f7-text">Advertisement</small></div></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-label" data-pb-type="lb">Opinion</li><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/topic/sharemarket-61t">Sharemarket</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/policy/economy/how-to-profit-from-the-market-panic-20250409-p5lqdm"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2009%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/2d4fd5c259cc20add9c22da6df438d64d4f106c2, https://static.ffx.io/images/$zoom_0.2009%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/2d4fd5c259cc20add9c22da6df438d64d4f106c2 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2009%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/2d4fd5c259cc20add9c22da6df438d64d4f106c2"," https://static.ffx.io/images/$zoom_0.2009%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/2d4fd5c259cc20add9c22da6df438d64d4f106c2 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2009%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/2d4fd5c259cc20add9c22da6df438d64d4f106c2, https://static.ffx.io/images/$zoom_0.2009%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/2d4fd5c259cc20add9c22da6df438d64d4f106c2 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2009%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/2d4fd5c259cc20add9c22da6df438d64d4f106c2"," https://static.ffx.io/images/$zoom_0.2009%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/2d4fd5c259cc20add9c22da6df438d64d4f106c2 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2009%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/2d4fd5c259cc20add9c22da6df438d64d4f106c2, https://static.ffx.io/images/$zoom_0.2009%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/2d4fd5c259cc20add9c22da6df438d64d4f106c2 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2009%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/2d4fd5c259cc20add9c22da6df438d64d4f106c2"," https://static.ffx.io/images/$zoom_0.2009%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/2d4fd5c259cc20add9c22da6df438d64d4f106c2 2x"]}"/><img alt="Despite lessons through history, investors time and time again attempt to “time the market”." class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.2009%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/2d4fd5c259cc20add9c22da6df438d64d4f106c2" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1275%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_202%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/2d4fd5c259cc20add9c22da6df438d64d4f106c2, https://static.ffx.io/images/$zoom_0.1275%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_202%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/2d4fd5c259cc20add9c22da6df438d64d4f106c2 2x" sizes="(max-width: 767px) 80px" data-id="p5lqdm" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1275%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_202%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/2d4fd5c259cc20add9c22da6df438d64d4f106c2"," https://static.ffx.io/images/$zoom_0.1275%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_202%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/2d4fd5c259cc20add9c22da6df438d64d4f106c2 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/policy/economy/how-to-profit-from-the-market-panic-20250409-p5lqdm">How to profit from the market panic</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">Fear is natural. But in markets, these times can present the opportunity to buy quality assets trading at potentially fantastic prices.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 9, 2025 – 11.06am">Apr 9, 2025</time></li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">Michael Skinner</li></ul></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-label" data-pb-type="lb">Analysis</li><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/topic/bond-market-5v3">Bonds</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/markets/debt-markets/the-us800b-hedge-fund-bond-trade-is-unwinding-with-devastating-effect-20250409-p5lqc8"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5295%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cb12ab6a75bf436f0bcd9903093ea64914852b4d, https://static.ffx.io/images/$zoom_0.5295%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cb12ab6a75bf436f0bcd9903093ea64914852b4d 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5295%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cb12ab6a75bf436f0bcd9903093ea64914852b4d"," https://static.ffx.io/images/$zoom_0.5295%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cb12ab6a75bf436f0bcd9903093ea64914852b4d 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5295%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cb12ab6a75bf436f0bcd9903093ea64914852b4d, https://static.ffx.io/images/$zoom_0.5295%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cb12ab6a75bf436f0bcd9903093ea64914852b4d 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5295%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cb12ab6a75bf436f0bcd9903093ea64914852b4d"," https://static.ffx.io/images/$zoom_0.5295%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cb12ab6a75bf436f0bcd9903093ea64914852b4d 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5295%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cb12ab6a75bf436f0bcd9903093ea64914852b4d, https://static.ffx.io/images/$zoom_0.5295%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cb12ab6a75bf436f0bcd9903093ea64914852b4d 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5295%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cb12ab6a75bf436f0bcd9903093ea64914852b4d"," https://static.ffx.io/images/$zoom_0.5295%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cb12ab6a75bf436f0bcd9903093ea64914852b4d 2x"]}"/><img alt="Treasury Secretary Scott Bessent says a 5 per cent bond rate is uncomfortable. " class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.5295%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cb12ab6a75bf436f0bcd9903093ea64914852b4d" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.2834%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_29%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/cb12ab6a75bf436f0bcd9903093ea64914852b4d, https://static.ffx.io/images/$zoom_0.2834%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_29%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/cb12ab6a75bf436f0bcd9903093ea64914852b4d 2x" sizes="(max-width: 767px) 80px" data-id="p5lqc8" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.2834%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_29%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/cb12ab6a75bf436f0bcd9903093ea64914852b4d"," https://static.ffx.io/images/$zoom_0.2834%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_29%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/cb12ab6a75bf436f0bcd9903093ea64914852b4d 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/markets/debt-markets/the-us800b-hedge-fund-bond-trade-is-unwinding-with-devastating-effect-20250409-p5lqc8">‘It’s tell your grandchildren I was there’ day as $1.3trn trade unwinds</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">We might be able to suck up a cratering sharemarket as part of shake-out of financial excess. But the excesses in the bond market may be even more painful.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 9, 2025 – 10.45am">Apr 9, 2025</time></li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">Jonathan Shapiro</li></ul></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-label" data-pb-type="lb">Opinion</li><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/chanticleer">Chanticleer</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/chanticleer/whipsawing-wall-street-puts-asx-in-a-tailspin-again-20250407-p5lpnb"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b, https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b"," 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data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b"," https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b, https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b"," https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b 2x"]}"/><img alt=" " class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.2855%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1404%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_91%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b, https://static.ffx.io/images/$zoom_0.1404%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_91%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b 2x" sizes="(max-width: 767px) 80px" data-id="p5lpnb" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1404%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_91%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b"," https://static.ffx.io/images/$zoom_0.1404%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_91%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/53805118e217fd9a727f901416f5877cc52ee16b 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/chanticleer/whipsawing-wall-street-puts-asx-in-a-tailspin-again-20250407-p5lpnb">Whipsawing Wall Street puts ASX back in a tailspin</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">Investors and traders start the day doing one thing, and finish it doing the opposite. Welcome to markets in the Trump-tariffs era.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 9, 2025 – 9.28am">Apr 9, 2025</time></li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">Anthony Macdonald</li></ul></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-label" data-pb-type="lb">Opinion</li><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/topic/trump-s-america-1mp2">Trump's America</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/world/north-america/under-trump-america-is-becoming-unrecognisable-20250409-p5lqcc"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.7874%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_358%2C$y_297/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e2f0d1ae8ed20a81c79d6cea6a67aeeb6cb920f3, https://static.ffx.io/images/$zoom_0.7874%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_358%2C$y_297/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/e2f0d1ae8ed20a81c79d6cea6a67aeeb6cb920f3 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.7874%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_358%2C$y_297/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e2f0d1ae8ed20a81c79d6cea6a67aeeb6cb920f3"," 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data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.7874%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_358%2C$y_297/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e2f0d1ae8ed20a81c79d6cea6a67aeeb6cb920f3"," https://static.ffx.io/images/$zoom_0.7874%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_358%2C$y_297/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/e2f0d1ae8ed20a81c79d6cea6a67aeeb6cb920f3 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.7874%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_358%2C$y_297/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e2f0d1ae8ed20a81c79d6cea6a67aeeb6cb920f3, https://static.ffx.io/images/$zoom_0.7874%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_358%2C$y_297/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/e2f0d1ae8ed20a81c79d6cea6a67aeeb6cb920f3 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.7874%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_358%2C$y_297/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e2f0d1ae8ed20a81c79d6cea6a67aeeb6cb920f3"," https://static.ffx.io/images/$zoom_0.7874%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_358%2C$y_297/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/e2f0d1ae8ed20a81c79d6cea6a67aeeb6cb920f3 2x"]}"/><img alt=" " class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.7874%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_358%2C$y_297/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/e2f0d1ae8ed20a81c79d6cea6a67aeeb6cb920f3" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.4993%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_410%2C$y_188/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/e2f0d1ae8ed20a81c79d6cea6a67aeeb6cb920f3, https://static.ffx.io/images/$zoom_0.4993%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_410%2C$y_188/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/e2f0d1ae8ed20a81c79d6cea6a67aeeb6cb920f3 2x" sizes="(max-width: 767px) 80px" data-id="p5lqcc" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.4993%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_410%2C$y_188/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/e2f0d1ae8ed20a81c79d6cea6a67aeeb6cb920f3"," https://static.ffx.io/images/$zoom_0.4993%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_410%2C$y_188/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/e2f0d1ae8ed20a81c79d6cea6a67aeeb6cb920f3 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/world/north-america/under-trump-america-is-becoming-unrecognisable-20250409-p5lqcc">Under Trump, America is becoming unrecognisable</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">Understatement and confidence, decency and expectation; that certain idea of the United States for which the country was once so admired, is evaporating.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 9, 2025 – 9.16am">Apr 9, 2025</time></li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">Bret Stephens</li></ul></div><div class="-f50d81ced4042856-storyTile undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="-_73414cb90844eda9-metadata"><li class="-_73414cb90844eda9-label" data-pb-type="lb">Opinion</li><li class="-_73414cb90844eda9-tag" data-pb-type="tg"><a class="-_73414cb90844eda9-tagLink" href="/topic/trade-wars-1lyy">Trade wars</a></li></ul><a tabindex="-1" class="-_73414cb90844eda9-image -f50d81ced4042856-standardStoryImage" href="/world/north-america/if-it-looks-alarming-now-wait-for-trump-to-wreck-the-bond-market-20250409-p5lqbb"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2092%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/796ac772934b239d75ff4f26279e63605b210f55, https://static.ffx.io/images/$zoom_0.2092%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/796ac772934b239d75ff4f26279e63605b210f55 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2092%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/796ac772934b239d75ff4f26279e63605b210f55"," https://static.ffx.io/images/$zoom_0.2092%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/796ac772934b239d75ff4f26279e63605b210f55 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2092%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/796ac772934b239d75ff4f26279e63605b210f55, https://static.ffx.io/images/$zoom_0.2092%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/796ac772934b239d75ff4f26279e63605b210f55 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2092%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/796ac772934b239d75ff4f26279e63605b210f55"," https://static.ffx.io/images/$zoom_0.2092%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/796ac772934b239d75ff4f26279e63605b210f55 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2092%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/796ac772934b239d75ff4f26279e63605b210f55, https://static.ffx.io/images/$zoom_0.2092%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/796ac772934b239d75ff4f26279e63605b210f55 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2092%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/796ac772934b239d75ff4f26279e63605b210f55"," https://static.ffx.io/images/$zoom_0.2092%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/796ac772934b239d75ff4f26279e63605b210f55 2x"]}"/><img alt="Donald Trump has taken a wrecking ball to markets." class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.2092%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/796ac772934b239d75ff4f26279e63605b210f55" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.112%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_51%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/796ac772934b239d75ff4f26279e63605b210f55, https://static.ffx.io/images/$zoom_0.112%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_51%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/796ac772934b239d75ff4f26279e63605b210f55 2x" sizes="(max-width: 767px) 80px" data-id="p5lqbb" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.112%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_51%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/796ac772934b239d75ff4f26279e63605b210f55"," https://static.ffx.io/images/$zoom_0.112%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_51%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/796ac772934b239d75ff4f26279e63605b210f55 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="-_73414cb90844eda9-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_73414cb90844eda9-headlineLink" href="/world/north-america/if-it-looks-alarming-now-wait-for-trump-to-wreck-the-bond-market-20250409-p5lqbb">If it looks alarming now, wait for Trump to wreck the bond market</a></h3><p class="-_73414cb90844eda9-about" data-pb-type="ab">If you think the sharemarket gyrations are terrifying, wait until the president destroys the credibility of the Federal Reserve and of US Treasury debt.</p><ul class="-_73414cb90844eda9-metadata undefined"><li class="-_73414cb90844eda9-timestamp"><time data-testid="StoryTile-Timestamp" dateTime="Apr 9, 2025 – 7.46am">Apr 9, 2025</time></li><li class="-_73414cb90844eda9-byline" data-testid="StoryTile-Byline">Ambrose Evans-Pritchard</li></ul></div><div class="-f50d81ced4042856-showMore"><button class="-f9298434958a647d-showMore" data-testid="ShowMoreButton" type="button"><span class="-f9298434958a647d-showMoreText" data-testid="ShowMoreButton-text">Show More</span></button></div></div></div><aside class="-_8a57cc60d1604fd3-aside" id="stickyContainer"><section class="-_83ad412d0c1598b0-contentUnit" data-contentunit-id="625"><header class="-_83ad412d0c1598b0-header" data-testid="ContentUnitHeading-header"><h2 class="-_83ad412d0c1598b0-heading" data-pb-type="hi" data-testid="ContentUnitHeading-heading">From The Gallery</h2></header><div class="-_83ad412d0c1598b0-stories"><div class="-_83ad412d0c1598b0-leadStory" data-pb-type="st" data-testid="StoryTileBaseImageLed"><a tabindex="-1" class="-_4919794203ac237f-image" href="/politics/federal/david-rowe-cartoons-for-april-2025-20250228-p5lg2r"><figure class="-_78513498480b2b42-figure" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="300" height="200" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAMAAAACCAQAAAA3fa6RAAAADklEQVR42mNkAANGCAUAACMAA2w/AMgAAAAASUVORK5CYII=, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAMAAAACCAQAAAA3fa6RAAAADklEQVR42mNkAANGCAUAACMAA2w/AMgAAAAASUVORK5CYII=" data-srcset="https://static.ffx.io/images/$zoom_0.2038%2C$multiply_3%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_2/t_crop_custom/c_scale%2Cw_300%2Cq_88%2Cf_auto/e311cbc3ab80e0a0ffc6beb6f0873c44d891dd87, https://static.ffx.io/images/$zoom_0.2038%2C$multiply_3%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_2/t_crop_custom/c_scale%2Cw_600%2Cq_52%2Cf_auto/e311cbc3ab80e0a0ffc6beb6f0873c44d891dd87 2x" 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https://static.ffx.io/images/$zoom_0.2038%2C$multiply_3%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_2/t_crop_custom/c_scale%2Cw_600%2Cq_52%2Cf_auto/e311cbc3ab80e0a0ffc6beb6f0873c44d891dd87 2x" data-pb-im-config="{"aspectRatio":1.5,"type":"landscape3x2","width":300,"urls":["https://static.ffx.io/images/$zoom_0.2038%2C$multiply_3%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_2/t_crop_custom/c_scale%2Cw_300%2Cq_88%2Cf_auto/e311cbc3ab80e0a0ffc6beb6f0873c44d891dd87"," https://static.ffx.io/images/$zoom_0.2038%2C$multiply_3%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_2/t_crop_custom/c_scale%2Cw_600%2Cq_52%2Cf_auto/e311cbc3ab80e0a0ffc6beb6f0873c44d891dd87 2x"]}"/><source media="(min-width: 768px)" width="350" height="234" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAMAAAACCAQAAAA3fa6RAAAADklEQVR42mNkAANGCAUAACMAA2w/AMgAAAAASUVORK5CYII=, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAMAAAACCAQAAAA3fa6RAAAADklEQVR42mNkAANGCAUAACMAA2w/AMgAAAAASUVORK5CYII=" data-srcset="https://static.ffx.io/images/$zoom_0.2038%2C$multiply_3%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_2/t_crop_custom/c_scale%2Cw_382%2Cq_88%2Cf_auto/e311cbc3ab80e0a0ffc6beb6f0873c44d891dd87, https://static.ffx.io/images/$zoom_0.2038%2C$multiply_3%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_2/t_crop_custom/c_scale%2Cw_764%2Cq_52%2Cf_auto/e311cbc3ab80e0a0ffc6beb6f0873c44d891dd87 2x" data-pb-im-config="{"aspectRatio":1.5,"type":"landscape3x2","width":350,"urls":["https://static.ffx.io/images/$zoom_0.2038%2C$multiply_3%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_2/t_crop_custom/c_scale%2Cw_382%2Cq_88%2Cf_auto/e311cbc3ab80e0a0ffc6beb6f0873c44d891dd87"," https://static.ffx.io/images/$zoom_0.2038%2C$multiply_3%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_2/t_crop_custom/c_scale%2Cw_764%2Cq_52%2Cf_auto/e311cbc3ab80e0a0ffc6beb6f0873c44d891dd87 2x"]}"/><img alt=" " class="-_78513498480b2b42-image" data-testid="Image-image" src="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAMAAAACCAQAAAA3fa6RAAAADklEQVR42mNkAANGCAUAACMAA2w/AMgAAAAASUVORK5CYII=" data-src="https://static.ffx.io/images/$zoom_0.2038%2C$multiply_3%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_2/t_crop_custom/c_scale%2Cw_300%2Cq_88%2Cf_auto/e311cbc3ab80e0a0ffc6beb6f0873c44d891dd87" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAMAAAACCAQAAAA3fa6RAAAADklEQVR42mNkAANGCAUAACMAA2w/AMgAAAAASUVORK5CYII=, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAMAAAACCAQAAAA3fa6RAAAADklEQVR42mNkAANGCAUAACMAA2w/AMgAAAAASUVORK5CYII=" data-srcset="https://static.ffx.io/images/$zoom_0.2038%2C$multiply_3%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_2/t_crop_custom/c_scale%2Cw_382%2Cq_88%2Cf_auto/e311cbc3ab80e0a0ffc6beb6f0873c44d891dd87, https://static.ffx.io/images/$zoom_0.2038%2C$multiply_3%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_2/t_crop_custom/c_scale%2Cw_764%2Cq_52%2Cf_auto/e311cbc3ab80e0a0ffc6beb6f0873c44d891dd87 2x" sizes="(max-width: 767px) 382px" data-id="p5lg2r" data-pb-im-config="{"aspectRatio":1.5,"type":"landscape3x2","width":382,"urls":["https://static.ffx.io/images/$zoom_0.2038%2C$multiply_3%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_2/t_crop_custom/c_scale%2Cw_382%2Cq_88%2Cf_auto/e311cbc3ab80e0a0ffc6beb6f0873c44d891dd87"," https://static.ffx.io/images/$zoom_0.2038%2C$multiply_3%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_2/t_crop_custom/c_scale%2Cw_764%2Cq_52%2Cf_auto/e311cbc3ab80e0a0ffc6beb6f0873c44d891dd87 2x"]}" width="382" height="255"/></picture></figure></a><div><h3 class="-_4919794203ac237f-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-_4919794203ac237f-headlineLink" href="/politics/federal/david-rowe-cartoons-for-april-2025-20250228-p5lg2r">David Rowe cartoons for April 2025</a></h3><p class="-_4919794203ac237f-about" data-pb-type="ab">David Rowe is a multiple Walkley award-winning cartoonist. He draws a daily political cartoon and one for the Chanticleer column.</p></div></div><div class="-_83ad412d0c1598b0-simpleStory" data-pb-type="st" data-testid="StoryTileBase"><h3 class="-c3f4d1ccb2028ee7-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-c3f4d1ccb2028ee7-headlineLink" href="/politics/federal/david-rowe-cartoons-for-february-2025-20250131-p5l8re">David Rowe cartoons for February 2025</a></h3></div><div class="-_83ad412d0c1598b0-simpleStory" data-pb-type="st" data-testid="StoryTileBase"><h3 class="-c3f4d1ccb2028ee7-headline" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="-c3f4d1ccb2028ee7-headlineLink" href="/politics/federal/david-rowe-cartoons-for-january-2025-20250112-p5l3qa">David Rowe cartoons for January 2025</a></h3></div></div></section><div class="-_35bff40a4f90c1db-container"><div id="stickyPlaceholder"></div><div class="-a13f36d52c4588f7-styledAd"><div class="adWrapper -a13f36d52c4588f7-wrapper" data-testid="ad-wrapper" 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0-1.588-.732-1.798-1.129zM59.831.881h4.043v.994h-1.47v4.31h-1.125v-4.31H59.83zm6.327 0h1.776c1.223 0 1.872.554 1.872 1.583 0 .888-.641 1.208-.962 1.37l1.096 2.351h-1.178l-1-2.151h-.47v2.151h-1.134zm1.127.866V3.21h.179c.455 0 1.126 0 1.126-.731 0-.52-.29-.732-.969-.732zM73.133.88h1.433l1.588 5.304H75.02l-.35-1.2h-1.79l-.35 1.2h-.941zm.627 1.087-.656 2.236h1.327zM78.228.88h1.127v4.31h2.543v.994h-3.67zm5.194 0h2.439v.554h-.649V5.63h.657v.554h-2.447v-.554h.664V1.435h-.664zm5.61 0h1.433l1.588 5.304H90.92l-.352-1.2h-1.79l-.35 1.2h-.94zm.627 1.087-.657 2.236h1.328zM94.254.88h1.201l1.73 3.359V.88h1.053v5.305H97.2l-1.895-3.628v3.628h-1.052zm71.371-.006c1.365 0 2.496 1.19 2.496 2.624 0 1.433-1.131 2.623-2.496 2.623s-2.495-1.19-2.495-2.623 1.13-2.624 2.495-2.624"></path></svg><span class="-_55c580ccf50cc888-screenReaderOnly">The Australian Financial Review Magazine</span></a></h2></header><div class="-_05900c6f610ad99c-storyTile" data-pb-type="st" data-testid="StoryTileBaseImageLed"><a 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