The Rafu Shimpo

Pauline Hanson says One Nation will contest in Ley’s seat of Farrer; Labor jumps on leadership tumult; Tim Wilson tipped for shadow treasurer. Follow live.

Australian Financial Review

Byelection test looms for Taylor as Ley to quit seat ↗

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Watch live; Angus Taylor has become the leader of the Liberal Party after defeating Sussan Ley 34-17 at a partyroom ballot; Jane Hume elected as deputy, beating out Ted ’Obrien 30-20; Tim Wilson tipped for shadow treasurer. Follow live.

Australian Financial Review

Taylor defeats Ley to lead the Liberal Party, Hume is deputy ↗

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Shares to open lower after fall in precious metals; Westpac increases profit; Cochlear profit falls, trims guidance; oil slides; gold below $US5000. Follow live.

Australian Financial Review

Westpac profit hits $1.9b, Cochlear warns on $A ↗

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Angus Taylor will go into Friday’s party room meeting as the favourite to win the leadership ballot, as Ley supporters concede it looks like he has the numbers.

Australian Financial Review

Taylor ahead of Ley in battle to ‘save’ the Liberal Party ↗

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Top investors including Hyperion, GCQ and Aoris are nursing heavy losses as the violent sell-off in software stocks erode years of market-leading performance.

Australian Financial Review

Australia’s once mighty growth funds watch returns disappear ↗

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The two companies and market darling Pro Medicus reset expectations for what it is like to get hammered on results day.

Australian Financial Review

What we learnt: AMP and Temple & Webster create wrong kind of history ↗

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Banks drive ASX gains, ANZ beats forecasts; AMP sinks on profit fall, margins pressure; Origin upgrades outlook; Senator accuses Bullock of ‘gaslighting’ Australians. Follow live.

Australian Financial Review

ASX rallies; Temple & Webster, AMP sink 30pc ↗

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Benchmark nears record, ANZ beats forecasts; AMP sinks on profit fall, margins pressure; Origin upgrades outlook; ASX Ltd cuts dividend; brokers downgrade CSL. Follow live.

Australian Financial Review

ASX up 1pc; as ANZ, banks jump; AMP tanks ↗

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