BHP still in the race for Chile’s Zaldivar mine
BHP Billiton is among the final bidders for Barrick Gold’s $2 billion-plus Zaldivar mine in Chile, according to sources, as the Australian listed resources giant goes in search of acquisition opportunities in the copper and oil space. The Aus
Young Libs get Feds to support Uber
Pressure is growing on the Barnett Government to clear the way for ride-sharing companies such as Uber to operate after the Federal Liberal Party threw its support behind the company. The West
New lease of life for stations
The State Government appears to have avoided a land management nightmare when all pastoral leases covering about 87 million hectares of WA expire tomorrow. The West
Stokes beefs up his agricultural interests
Kerry Stokes has become the latest Western Australian billionaire to expand his agricultural interests, snapping up a station on South Australia’s Kangaroo Island for $4.7 million. The Aus
Perth property loses its mojo
Perth is awash with vacant offices, while its stagnant housing market ‘‘feels just like a recession’’, property experts have warned. The Fin
BHP defends ‘transparent’ tax practices
BHP Billiton will disclose its taxes project by project as well as country by country this year, in a bid to get ahead of a swirling controversy over the tax practices of multinationals. The Fin
Only five sign up for supersonic broadband
Only five consumers have been willing to pay for internet speeds exceeding 100 megabits per second on the National Broadband Network, undermining Labor’s rhetoric about the demands for super-fast broadband. The Aus
The Australian Financial Review
Page 4: BHP Billiton will disclose its taxes project by project as well as country by country this year, in a bid to get ahead of a swirling controversy over the tax practices of multinationals.
Page 6: Billionaire James Packer will take on the giants of the Las Vegas casino strip with an 1100-room resort that could cost the gaming magnate more than $US4 billion ($5.22 billion).
Page 7: House prices will start falling in 2016-17 as the threat of rising interest rates coincides with worsening affordability, a big increase in supply and weaker investment returns, according to forecaster BIS Shrapnel.
Perth is awash with vacant offices, while its stagnant housing market ‘‘feels just like a recession’’, property experts have warned.
Page 15: Qantas Airways is poised to inject a further ¥2 billion ($21 million) into the loss-making Jetstar Japan joint venture in 2015 as it looks to build a large, low-cost carrier business in Asia despite last week’s rejection of Jetstar Hong Kong by regulators in that country.
The competition regulator says a draft decision is due within a month on NBN’s $800 million deal to buy and upgrade Singtel-Optus’ cable network to deliver high-speed broadband to millions of Australians.
Page 18: More collapses in the struggling mining services sector are inevitable in 2015, but banks and companies will fight hard to get restructuring deals up instead to avoid a ‘‘bloodbath’’, insolvency firm KordaMentha says.
The Australian
Page 2: The Sydney Anglican Church’s influential $262 million investment fund is planning to dump resource stocks because of the church’s increasing concern about global warming.
Page 4: Only five consumers have been willing to pay for internet speeds exceeding 100 megabits per second on the National Broadband Network, undermining Labor’s rhetoric about the demands for super-fast broadband.
Page 17: Cheap funding and sluggish organic growth across several industries have helped inspire the strongest first half of takeovers in four years, a boom senior investment bankers expect will roll on even though confidence is lacking.
Page 18: BHP Billiton is among the final bidders for Barrick Gold’s $2 billion-plus Zaldivar mine in Chile, according to sources, as the Australian listed resources giant goes in search of acquisition opportunities in the copper and oil space.
Page 19: Kerry Stokes has become the latest Western Australian billionaire to expand his agricultural interests, snapping up a station on South Australia’s Kangaroo Island for $4.7 million.
Page 23: Twitter has fired a shot across the bows of Facebook, pledging to develop mutually beneficial relationships with TV networks and newspapers rather than aggressively targeting their advertising dollars like its larger rival.
The West Australian
Page 6: Pressure is growing on the Barnett Government to clear the way for ride-sharing companies such as Uber to operate after the Federal Liberal Party threw its support behind the company.
Page 7: More than 4100 cars blocking clearways, no-stopping zones and bus lanes were towed away in the first nine months of the State Government’s scheme to reduce congestion in Perth’s central business district.
Page 13: An avalanche of investors in the WA property market are increasing instability that could undermine homeowners across the State, according to research.
Page 14: The Water Corporation will prop up Perth’s drinking supplies with extra groundwater as more signs emerge that the city’s dams are becoming increasingly unreliable.
Page 20: The final design of the train station being built to cater for the new Perth Stadium has been revealed — and the State Government has confirmed it will sit idle most days.
Business: The State Government appears to have avoided a land management nightmare when all pastoral leases covering about 87 million hectares of WA expire tomorrow.
Hackers and online corporate espionage have emerged as one of the top 10 threats to mining and resource houses for the first time, according to global accounting consultancy EY.
The State Government’s plans for major grains research centre based in Northam hinge on creating a not-for-profit company with financial backing from the private sector and an industry body largely funded by a levy on growers.
