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The Australian Business Review
 

Good morning,

Donald Trump's US election victory will bolster global sharemarkets , adding to pressure for lower corporate taxes in Australia and deregulation on a range of issues from financial markets to the energy sector, analysts say.

The Republican leader's second term as President is all about defining his legacy, writes columnist Eric Johnston who says the revival of Trump's power sends a clear message about the rise of a pro-business US projecting strength around the world.

And politicians should stop taking perks from airlines. S enior industry figures, including former Qantas boss Geoff Dixon, have called for an end to the upgrades rort roiling Labor and the Coalition.


Perry Williams
Business editor
The markets


Making news this morning
1
China strong enough to survive US trade war: Forrest
The mining magnate has stressed China’s ‘horsepower’ means trade will be healthy despite US election results, while outlining Fortescue’s future green energy plans.
2
Westpac board takes gender hit as two female directors exit
Westpac’s board is losing half of its female directors, two days after the lender said they would stand for re-election.
3
New Domino’s boss Mark van Dyck has a full plate
The new boss of Domino’s Pizza has a number of challenges, including improving franchisee profitability and lifting struggling sales in its key Japan and Germany markets.
Editor's picks
MARGIN CALL
Blushing teals should be turning red
When it comes to the height of hypocrisy it appears our independent so-called teal MPs can lecture until they’re blue in the face but it’s not helping their credibility.
By YONI BASHAN, NICK EVANS
HOSPITALITY
Park Hyatt Melbourne to hit the block as Chinese check out
Fu Wah International Group is expected to offload one of the country’s best-known luxury hotels as the Victorian capital faces a tough outlook.
By LISA ALLEN
INNOVATION
Couple scale new heights with ladder safety device
A revolutionary ladder safety device developed in a Brisbane backyard has been exported overseas and is in-line for a swag of awards.
By CHRIS HERDE
Commentary
How Elon took Donald to the White House
By ROBERT GOTTLIEBSEN
Business Columnist
Four key lessons from the counting in the US election: women misled pollsters; Musk led Trump to presidency; politicians believe expensive promises win votes; and Kamala Harris sho...
DataRoom
Mosaic Brands facing clean-out
The market believes a liquidation for at least parts of collapsed retailer Mosaic Brands is a strong possibility.
Investors watch and wait on Nufarm annual results
Vocal investors such as Allan Gray, L1 Capital and Tanarra are pushing for change at Nufarm but are content to play the long game.
PEP in driver’s seat for MotorOne deal but price matters
Pacific Equity Partners may buy Quadrant Private Equity’s business MotorOne if they can agree on the price.

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