Shell in warning over LNG project
A Woodside Petroleum announcement that the Browse floating LNG project had moved into advanced engineering studies has come with a warning from venture partner Shell that the project will not be easy to get across the line. The Aus
Rio trims as boom’s end hits WA landlords
Resources giant Rio Tinto is set to consolidate nearly all of its Perth staff into the Central Park office tower, cutting the amount of space it leases in the city as the end of the mining boom takes its toll on Perth’s landlords. The Aus
Northern Star taps new Millennium for extra feed
Northern Star Resources has flagged development of its Millennium gold discovery as an underground mine as it prepares to ramp up its Kalgoorlie operations. The West
McCusker fights WA on Bell case
A creditor in the $1.7 billion Bell Group litigation has employed prominent barrister and former Western Australia governor Malcolm McCusker to fight against state government plans to bypass the courts and control distribution of the funds. The Fin
Cattle permits hold up trade
Live cattle exports to Indonesia ground to a halt yesterday after Jakarta failed to issue import permits for the next three months. The West
Super belongs to the people: PM
Tony Abbott has hardened his stance towards superannuation tax reform by vowing there will never be any change under a Coalition government. The Fin
Apple Music switches model to subscriptions, taking on Spotify
Apple has changed the way it thinks about music, and is set to drag its 800 million or so iTunes customers out of last decade and into this one. The Fin
The Australian Financial Review
Page 1: Canadian infrastructure giant Brookfield may be forced to increase its $9 billion takeover offer for Asciano after shareholders argued the approach undervalued a $4 billion upgrade of its port and rail assets over the last few years.
Page 4: Apple has changed the way it thinks about music, and is set to drag its 800 million or so iTunes customers out of last decade and into this one.
Page 5: Nine global drug companies booked $8 billion in Australian revenue last year but paid just $85 million in tax, a Senate committee has heard.
Page 6: Tony Abbott has hardened his stance towards superannuation tax reform by vowing there will never be any change under a Coalition government.
Page 11: Controversial ride sharing app Uber could be legalised in Sydney as soon as next year after the NSW government on Wednesday launched an independent taskforce to review the taxi and ride sharing industry.
Page 14: A creditor in the $1.7 billion Bell Group litigation has employed prominent barrister and former Western Australia governor Malcolm McCusker to fight against state government plans to bypass the courts and control distribution of the funds.
Page 18: The US government bank that has injected almost $10 billion into Australian resources projects, including Gina Rinehart’s Roy Hill iron ore mine, is shutting down, leaving a potential funding hole for future mining development.
Page 21: China has been knocking back Australian coal cargoes that don’t pass new import quality restrictions, and the local industry is concerned that the testing is being misused to favour China’s struggling local industry.
Page 23: Medibank Private has made good on a promise to use its market dominance to ‘‘flex its muscle’’ over hospital operators, by terminating its contract with private operator Calvary Health Care.
The Australian
Page 1: Liberal MPs have brokered a cross-party deal on same-sex marriage to bring a bill to parliament, but Tony Abbott remains unmoved on the issue and senior Liberals will resist attempts to bring it to a vote.
Page 6: The issue of whether Australia should operate nuclear-powered submarines was raised repeatedly during public consultations with the expert panel advising the Abbott government on its defence white paper.
Page 19: The chief executive of the nation’s second-biggest industry superannuation fund, the $50 billion QSuper, says the industry must better embrace hi-tech solutions to provide more holistic financial advice for its clients.
Native titleholders at the billionaire-backed Western Desert Resources iron ore mine that went belly-up in the Northern Territory last year claim they are owed hundreds of thousands of dollars in royalties.
Page 20: A Woodside Petroleum announcement that the Browse floating LNG project had moved into advanced engineering studies has come with a warning from venture partner Shell that the project will not be easy to get across the line.
Australian grain growers are set to join meat, dairy and live export producers in enjoying one of the best years on record, according to new research by ANZ.
Page 27: Resources giant Rio Tinto is set to consolidate nearly all of its Perth staff into the Central Park office tower, cutting the amount of space it leases in the city as the end of the mining boom takes its toll on Perth’s landlords.
The West Australian
Page 6: Extraordinary Barnett Government legislation designed to short-circuit the 25-year Bell Group litigation in the State’s favour is almost certain to be the subject of a High Court challenge.
Page 9: Rules about the value of gifts WA councillors and mayors can receive, when they get them and how they must be declared may be shaken up.
Page 11: More than 100 residents affected by the devastating Parkerville bushfire are poised to sue Western Power over claims the State-owned utility’s negligence contributed to the blaze.
Page 13: South Australia is seething over a WA plot to snatch shipbuilding contracts from the rust bucket State as the mining sector swings behind the idea to retain skilled workers.
Business: The collapse of Kimberley Diamonds’ Ellendale operations has left about 100 local workers in limbo, after the company said it had called in administrators.
A successful bid for Asciano stands to broaden Canadian giant Brookfield’s influence in WA by delivering a foothold in Fremantle ahead of a likely billion-dollar bid for the port.
Live cattle exports to Indonesia ground to a halt yesterday after Jakarta failed to issue import permits for the next three months.
Northern Star Resources has flagged development of its Millennium gold discovery as an underground mine as it prepares to ramp up its Kalgoorlie operations.