Growth hit by mining boom end
The OECD has for the first time cast serious doubt about Australia's future after the resources boom, joining the growing fears among exerts about how to manage the economic transition. The Fin
Shorten to block Abbott on carbon tax
Employment Minister Bill Shorten has indicated that should he lead Labor after the federal election, he would not be willing to roll over to Tony Abbott and allow a Coalition government to abolish the price on carbon. The Fin
Donations reform at risk as pact with Coalition collapses
Labor's controversial new electoral laws that would hand tens of millions of dollars more to political parties through public funding look set to be shelved after negotiations with the Liberal Party stalled last night. The Aus
New boss of AngloGold upbeat about Tropicana
The new head of South African giant AngloGold Ashanti says the Tropicana project – 330km east-north-east of Kalgoorlie Boulder – is “absolutely” safe from a potential gold price plunge below $US1300 per ounce. The West
Smaller apartment tower approved for WACA
Building will start in January on the first stage of a WACA apartment redevelopment that has been almost halved to make it more commercially viable. The West
Top Resources Headlines
Growth hit by mining boom end
The OECD has for the first time cast serious doubt about Australia's future after the resources boom, joining the growing fears among exerts about how to manage the economic transition. The Fin
New boss of AngloGold upbeat about Tropicana
The new head of South African giant AngloGold Ashanti says the Tropicana project – 330km east-north-east of Kalgoorlie Boulder – is “absolutely” safe from a potential gold price plunge below $US1300 per ounce. The West
BHP freezes coal plans to drive down spending
BHP Billiton will not invest in any new coal projects, will cut exploration expenditure and will look to divest assets as it pushes to drive costs lower. The Aus
FMG puts $576m price on rail access
Fortescue Metals Groups infrastructure arm has told Brockman Mining is could cost up to $576 million a year to access part of its Pilbara rail line, putting itself on a collision course with Brockman and the state's economic regulator. The West
Sunrise exit just rumour: Woodside
Woodside Petroleum has emphatically dismissed industry talk that it is looking to sell out of the stalled Sunrise LNG project as part of a restructure of its global portfolio. The West
Top Politics Headlines
Shorten to block Abbott on carbon tax
Employment Minister Bill Shorten has indicated that should he lead Labor after the federal election, he would not be willing to roll over to Tony Abbott and allow a Coalition government to abolish the price on carbon. The Fin
Donations reform at risk as pact with Coalition collapses
Labor's controversial new electoral laws that would hand tens of millions of dollars more to political parties through public funding look set to be shelved after negotiations with the Liberal Party stalled last night. The Aus
Job threat to public servants
The Barnett government may change the Public Sector Management Act so it can sack public servants whose jobs are redundant and who cannot be redeployed. The West
Top Property Headlines
Smaller apartment tower approved for WACA
Building will start in January on the first stage of a WACA apartment redevelopment that has been almost halved to make it more commercially viable. The West
Despite boom gloom Perth projects are go
The cooling resources sector is expected to push the Perth office vacancy rate to levels not seen in three years, but a number of developments are still poised to begin construction. The Fin
City's reform ideas backed by Premier
Colin Barnett says that supercharged City of Perth is the first of the state government's local government reform targets as he backed the council's plans t annex a slew of major city landmarks.
The West
The West Australian
Page 3: The Barnett government may change the Public Sector Management Act so it can sack public servants whose jobs are redundant and who cannot be redeployed.
Page 6: Millions of dollars from the Royalties for Regions scheme will go to drive training and licensing for Aboriginal people in regional areas.
Page 7: Building will start in January on the first stage of a WACA apartment redevelopment that has been almost halved to make it more commercially viable.
Page 10: The federal opposition says the government should make an official complaint to the Chinese government if there is evidence Beijing stole blueprints for Australia's spy headquarters.
Page 13: A public backlash is threatening to topple a Labor-Liberal backroom deal to siphon tens of millions of taxpayer dollars into political parties' pockets.
One of WA's most successful farmers is rapidly expanding his operations near Kununurra and plans to establish banana plantations on the Ord River irrigation scheme.
Page 16: A ceasefire has been declared in the wage dispute between security screening staff working in the Qantas area at Perth Airport and contractor MSS Security.
Page 17: Colin Barnett says that supercharged City of Perth is the first of the state government's local government reform targets as he backed the council's plans t annex a slew of major city landmarks.
Business: Target's new boss has delivered a brutal assessment of the chain's shortcomings under his predecessor, vowing to slash product lines and reduce store clutter as part of the latest recovery pla for the struggling retailer.
Businessman Craig Bond's attempts to strike a Bankruptcy Act deal could thwart attempts by former partner Dianne Beaman to get information about Bond family tursts and companies, the Federal Court was told yesterday.
The new head of South African giant AngloGold Ashanti says the Tropicana project – 330km east-north-east of Kalgoorlie Boulder – is “absolutely” safe from a potential gold price plunge below $US1300 per ounce.
Fortescue Metals Groups infrastructure arm has told Brockman Mining is could cost up to $576 million a year to access part of its Pilbara rail line, putting itself on a collision course with Brockman and the state's economic regulator.
Outgoing VDM group managing director Andrew Broad admits a $15 million investment package put together by former CITIC Pacific Mining boss Dongyi Hua is a coup for the struggling engineering company, saying persistent speculation about VDM's financial viability had made it difficult for the company to win new work.
Woodside Petroleum has emphatically dismissed industry talk that it is looking to sell out of the stalled Sunrise LNG project as part of a restructure of its global portfolio.
Nido Petroleum chairman Bill Bloking says unrest among some of its shareholders will not prove a distraction as the Perth junior tries to transform its South East Asian exposure.
WA's most senior petroleum bureaucrat has fired a broadside at the environmental movement and accused some shale gas opponents of deliberately circulating false and misleading information.
Programmed Maintenance Services is on the hunt for bigger acquisition targets which would help the company build on its presence in the labour management space.
The Australian Financial Review
Page 1: The OECD has for the first time cast serious doubt about Australia's future after the resources boom, joining the growing fears among exerts about how to manage the economic transition.
NBN Co chairman Siobhan McKenna approached fellow directors to test support for chief executive Mike Quigley, a move that has created fresh tensions at the top of the $37.4 billion project.
Wesfarmers chief Richard Goyder says the market's short-term focus on dividends and capital returns wont stop the $42 billion conglomerate investing for growth, but has all but ruled out a big takeover deal such as the $19 billion acquisition of Coles in 2007.
Page 4: Employment Minister Bill Shorten has indicated that should he lead Labor after the federal election, he would not be willing to roll over to Tony Abbott and allow a Coalition government to abolish the price on carbon.
A secret deal between Labor and the Coalition to award political parties $10 million a year in extra public funding is on the brink of collapse following a fierce public backlash.
Page 5: Former resources minister Martin Ferguson is to leave Parliament at the federal election, fuelling speculation others may also quit, as disillusion with the party's direction grows, and any hope of reviving its fortunes collapses.
Page 6: The Greens are threatening to prevent the passage of key pieces of the Gillard government's legislative agenda in the few remaining days of Parliament before the election if Labor refuses to agree to their demands to extend new environmental laws regulating coal seam gas projects.
Page 7: The British company building Queensland's most advanced liquefied natural gas project has warned opponents of coal seam gas that the industry is set to ramp up its defence and expose their “exaggerated claims”.
Page 8: Rising costs, weak labour productivity growth and a fractious political climate have pushed Australia's global competitiveness to its worst ranking in at least 17 years, casting dooubt over its ability to offset the end of the resources boom.
Page 10: Transport ministers in NSW, Queensland and Western Australia are looking at whether to follow Victoria's sweeping reforms to the taxi industry, including slashing the 10 per cent surcharge on card payments.
Page 14: The federal government is facing an uphill battle convincing key crossbenchers to support a savings measure on private health insurance that is necessary to fund DisabilityCare, as the national disability insurance scheme is known, and dental reform.
Page 21: The era of expansion in the Australian coal industry has ground to a halt.
The Australian dollar's fall to fresh lows has raised doubts about future interest rate cuts as economists debate whether the Reserve Bank of Australia would be forced to act on inflation created by more expensive imports.
Don Voelte could land his second chief executive role at a Kerry Stokes company in less than a year as the Seven Group executive chairman considers a management reshuffle ahead of the expected departure of long-time lieutenant Peter Gammell.
Page 44: The cooling resources sector is expected to push the Perth office vacancy rate to levels not seen in three years, but a number of developments are still poised to begin construction.
The Australian
Page 1: Federal workplace safety regulators have ordered work to stop on parts of the National Broadband Network while they escalate an investigation into asbestos safety breaches near homes being connected to the $37.4 billion project.
Labor's controversial new electoral laws that would hand tens of millions of dollars more to political parties through public funding look set to be shelved after negotiations with the Liberal Party stalled last night.
Martin Ferguson issued a final denunciation of class war rhetoric, defended the mining industry and said his driving motivation was ‘‘to get Australians into decent, wellpaying jobs’’ as he called the end of a 17-year political career.
Page 2: Wayne Swan labelled Joe Hockey a political lightweight last night after his opposition counterpart was rolled by his party room on the Baby Bonus.
The Gillard government has been accused of turning its Farm Finance package into a ‘‘game of political one-upmanship’’, deliberately distorting the truth for political gain.
Page 4: Tony Abbott has written to Julia Gillard calling for the Clean Energy Finance Corporation not to write any green loans before the election because the opposition does not support the program.
The Gillard government has infuriated business by reviving contentious plans to give greater ability to unions to force long-running intractable disputes with employers into arbitration.
Page 6: Australia has fallen to its least-competitive position among 60 advanced and developing economies in a quarter of a century.
Business: Nine Entertainment has proposed using money generated from cost savings in a potential acquisition of billionaire Bruce Gordon’s Adelaide and Perth television stations to match Ten Network’s $450 million cricket rights bid.
BHP Billiton will not invest in any new coal projects, will cut exploration expenditure and will look to divest assets as it pushes to drive costs lower.
The Australian government has refused requests from Hong Kong to start negotiating a free trade agreement and a double taxation agreement.
Wesfarmers shares fell to a seven-week low after the retail, energy, mining and insurance conglomerate dashed investor hopes it would use billions in cash reserves to fund a special dividend.
Two private-equity firms, KKR and Carlyle Group, have emerged as the latest potential buyers of Optus’s satellite division, which market sources expect could be sold for as much as $2 billion.
Hills Holdings chief executive Ted Pretty has narrowed his acquisition focus to four areas, as he pumps up the company’s innovation credentials.
Programmed managing director Chris Sutherland has turned down a $114,200 short-term incentive payment, despite the maintenance and recruitment group posting a 3 per cent rise in net profit to $32.1 million for the year to March 31.
The Sydney Morning Herald
Page 1: The major political parties' electoral funding deal is near collapse. Federal Sports Minister Kate Lundy says a relentless focus on performance is driving some kids away from team sports.
Page 2: Roger Dean, who is awaiting sentencing for murdering 11 elderly people and injuring eight others, told police he thought Satan was telling him lighting a fire in a nursing home was "the right thing to do".
Page 3: Three months on from the release of the Crime Commission's report into organised crime and drugs in sport, federal police are yet to start an investigation into links between criminal groups and drug use among players and athletes.
World: Israel has threatened Russia with military action if it goes through with a sale of anti-aircraft missiles to Syria.
Business: The Australian dollar has slipped to a 19-month low.
Sport: Collingwood president Eddie McGuire faces an AFL racial vilification investigation over comments he made about Swans star Adam Goodes.
The Daily Telegraph
Page 1: Collingwood president Eddie McGuire has been ordered to sit down with Adam Goodes for mediation after he made racial comments about the indigenous AFL star. Australia Post has stopped delivering mail to a Sydney street amid asbestos fears linked to the National Broadband Network roll-out.
Page 2: A top executive at a National Broadband Network sub-contractor is believed to have left amid fears residents around the country have been exposed to asbestos.
Page 3: Senior police will be recruited to crack down on match-fixing, organised crime and drug abuse under an expanded National Integrity of Sport Unit.
World: A Canadian mayor at the centre of crack cocaine allegations is now being investigated for possible links to a murder.
Business: Australia's economic growth is tipped to slow this year.
Sport: Josh Reynolds is preparing for a 60-minute "train-off" with John Sutton to determine who will fill the last vacant spot on the NSW State of Origin team.