Carbon dealing not over for Labor
The government is negotiating with the Greens on changes to the floor price in its carbon tax scheme amid calls for it to be dropped and suggestions Labor is considering moving to an emissions trading scheme earlier than the scheduled start date of 2015. The Aus
Aussie dollar next in line for yuan deal
Australia is positioning itself to become the third country allowed to directly convert its currency to the yuan, a move that would lower transaction costs for Australian miners and importers. The Fin
Gindalbie's rail setback
China-backed iron ore miner Gindalbie Metals has suffered a major setback in its bid to muscle in on the delayed $6 billion Oakajee port and rail project in Western Australia, after it was forced to withdraw plans for a rival rail line. The Fin
Atlas will pay no mining tax
Atlas Iron has become the first Australian iron ore miner to officially declare it will not pay mining tax, casting fresh doubts on the government's forecasts in the first week of the introduction of the controversial impost. The Aus
Miners' labour quest signals wages breakout
Signs of a wages breakout in the mining sector have surfaced as businesses scramble to get workers for WA's mega-projects. The West
THE WEST AUSTRALIAN:
Page 1: Premier Colin Barnett has been accused of attempting to gouge federal taxpayers with a proposal to charge $20,000 a year more than Perth's most prestigious boarding schools to educate teenage asylum-seekers in outback WA.
Page 3: The group behind the Brumby's Bakeries franchise has been forced to apologise after store owners were encouraged to raise prices and blame it on the carbon tax in a move the federal government yesterday condemned as "morally reprehensible".
Page 6: Scientists have taken a giant leap in understanding how the universe formed and why particles have mass with the joint announcement in Melbourne and Geneva last night that a new particle has been discovered.
The economic regulator says household electricity tariffs need to rise another 20 per cent if the price households pay for power is to reflect production costs accurately.
Page 7: Just days into his new role as Education Minister, Peter Collier visited the school which was at the centre of a political controversy after Colin Barnett attacked its principal for speaking out publicly about its run-down facilities.
Page 9: Tourists will not stop coming to Perth because of an expensive cup of coffee or glass of beer, according to Tourism Minister Kim Hames.
Emirates, the world's biggest international airline, wants to bring the giant 490-seat A380 to Perth within 12 months and introduce a third daily service, according to airline president Tim Clarke.
Page 11: WA medical students are being warned they could miss out on internships, as Australia's health system already struggles to accommodate hundreds of graduates.
Page 17: Rallying unionists yesterday drew criticism from WA Labor Leader Mark McGowan for chanting abuse about mining magnate Gina Rinehart during a rally and march to her company's headquarters.
Signs of a wages breakout in the mining sector have surfaced as businesses scramble to get workers for WA's mega-projects.
Gina Rinehart's son John Hancock has cast doubt on Aboriginal elder Hilda Kickett's claimes that the is the illegitimate daughter of his late grandfather Lang Hancock.
Business: The James Packer-backed casino company Crown has flagged it will seek up to 25 per cent of rival Echo Entertainment Group in the latest twist in the billionaire's move to control the Sydney casino market.
Nexus Energy boss Lucio Della Martina has made clear he is aiming for his company's Crux gas-liquids field in the Browse Basin to become Australia's next floating LNG operation after yesterday finalising paperwork with development partner Royal Dutch Shell.
Navigator Resources has been hit with another management shake-up, with two key personnel leaving the embattled gold miner as it tries desperately to secure its financial future.
Origin Energy has avoided a cost blowout and an equity raising for its massive APLNG project, earning praise from local investors now accustomed to cost and schedule blowouts on Australia's big gas developments.
A deal to revive the Davyhurst mine in the Goldfields could be finalised as early as next week, despite an ongoing tenement dispute.
Virgin Australia carried more domestic passengers than its rival Qantas in the 12 months to the end of May - a first for the industry's traditional number two.
Six weeks out from a shareholder meeting to consider the return of the bulk of its $226 million kitty to shareholders, Murchison Metals has been hit with a second multi-million dollar claim from a former adviser.
THE AUSTRALIAN FINANCIAL REVIEW:
Page 1: Australia is positioning itself to become the third country allowed to directly convert its currency to the yuan, a move that would lower transaction costs for Australian miners and importers.
The union movement split over the use of foreign guest workers for big resources projects yesterday when the Australian Workers Union boycotted a big protest in Perth aimed at mining magnate Gina Rinehart.
The federal government is struggling to find a way to implement a $15 minimum carbon price when emissions trading starts in 2015 and is negotiating with the Greens to redesign the complex scheme.
Page 3: Signs are mounting that government handouts and central bank interest rate cuts are starting to stoke domestic growth, reducing the need for more monetary policy easing.
Page 7: China-backed iron ore miner Gindalbie Metals has suffered a major setback in its bid to muscle in on the delayed $6 billion Oakajee port and rail project in Western Australia, after it was forced to withdraw plans for a rival rail line.
Page 9: National chain Brumby's Bakeries could face a fine of up to $1 million after issuing a memo that encouraged franchise owners to blame price rises on the carbon price.
Page 13: Agribusiness leaders in Australia will discuss the hurdles to lifting investment in Indonesia's beef industry in a bid to shore up a future for live cattle exports after President Susilo Bambang Yudhoyono warned his government was serious about building its domestic herd.
Page 19: Ausdrill managing director Ron Sayers is preparing to cut ties with the company regardless of whether he is found guilty of the tax evasion charges brought by the federal government's Project Wickenby taskforce.
Page 21: Qatar Airways is targeting an alliance with Qantas Airways, capitalising on Qantas chief executive Alan Joyce's willingness to grow the airline's network through partnerships with other carriers.
Page 23: Productivity at Patrick Ports has improved since it struck a new enterprise agreement with the Maritime Union two months ago, with container movements up 15 per cent, according to Asciano chief executive John Mullen.
Page 1: The government is negotiating with the Greens on changes to the floor price in its carbon tax scheme amid calls for it to be dropped and suggestions Labor is considering moving to an emissions trading scheme earlier than the scheduled start date of 2015.
Humanity's understanding of the origin of the universe after the big bang has taken a historic leap forward with the discovery of a subatomic particle that scientists have been searching for and theorising about for almost 50 years.
Page 3: Labor's media reforms have been sharply criticised by the author of the ''public interest test'' at the heart of the plans, raising fears that laws meant to safeguard diversity will instead freeze a company's ability to compete.
Page 5: The Coalition says only Tony Abbott as a conservative prime minister can convince Australians to change the Constitution to acknowledge Aborigines, while Julia Gillard's advocacy would ensure the defeat of a referendum.
Vehicle demand jumped off the scale last month, eclipsing previous bumper months by thousands to hit a record of 112,566 sales, 17 per cent up on the same time last year.
Page 6: Colin Barnett has used a Fair Work Australia ruling to accuse unions of hypocrisy over claims oil and gas giant Chevron is turning its back on local content for big resource projects in Western Australia's north west.
Handouts linked to the carbon tax are flowing to department stores and restaurants, with retail sales growing more than twice as fast as economists expected in May, partly vindicating the Reserve Bank's decision not to change interest rates this week.
Page 7: The federal government will be urged to rethink its reforms to superannuation following research that debunks claims about fund performance, as workers wait to see how their nest eggs fared over the past financial year.
Australians can continue to expect discount fares as airlines add more seats and frequencies to the market.
Virgin closed the gap on Qantas in May as it boosted capacity and flew almost 11 per cent more passengers than the previous year, while the flying kangaroo's domestic brand numbers remained flat.
Business: James Packer's Crown has moved to speed up the process to bypass Echo Entertainment's shareholder cap by amending its application to regulators, a strategy that takes some heat out of a near-term takeover tilt and is expected to be followed by Malaysia's Genting.
Origin Energy and ConocoPhillips will auction a $3 billion stake in their Australia Pacific LNG plant at Gladstone and its associated coal-seam gasfields to help fund a second stage of the $23bn development.
Chinese aluminium giant Chalco says it could bid again for the Aurukun bauxite deposits on the Cape York Peninsula after burning $100 million in an unsuccessful attempt to shore up a mine and alumina refinery before being stripped of the leases by the Queensland government last year.
The corporate watchdog has stepped up its investigation of the $1.6 billion abortive David Jones takeover, gathering material yesterday from all parties involved in the fiasco.
Atlas Iron has become the first Australian iron ore miner to officially declare it will not pay mining tax, casting fresh doubts on the government's forecasts in the first week of the introduction of the controversial impost.
Rail operators warn the carbon price could backfire by providing a financial incentive for businesses to move more cargo on to heavier-polluting trucks and drive up the costs of groceries.
After falling out four years ago in dramatic circumstances, two of Perth's best-known mining identities, Tony Sage and Mick Shemesian, have joined forces to reignite the fortunes of the former East Coast Minerals.
The ''fifth pillar'' of Australia's banking industry -- credit unions and building societies -- is urging Labor to reverse a budget decision to scrap the tax incentive on interest income to allow the sector to compete more aggressively against the nation's big banks.
THE DAILY TELEGRAPH:
Page 1: The NSW boys in blue were brave but a Queensland field goal in the final moments of the final 2012 State of Origin match has them licking their wounds.
Page 2: Fallen SAS Sergeant Blaine Diddams, who was fatally shot in Afghanistan this week, has been remembered as a devoted husband and father of two.
Page 3: Cash-strapped drivers are running on empty, waiting until payday to fill up, because cost-of-living pressures have made petrol a luxury.
World: Syrian intelligence agencies are running torture centres, according to the international NGO Human Rights Watch.
Business: Retail spending rose by 0.5 per cent in May as consumers enjoying low interest rates indulged in a little retail therapy.
Sport: Cooper Cronk's 40-metre field-goal broke NSW hearts and sealed a 21-20 win for Queensland as the Maroons locked in a seventh successive State of Origin series.
Page 1: "God particle" provides scientists with a giant leap in their understanding of the origin of the universe. Fare evaders on Melbourne's public transport can pay $20 a month to online scheme set up by activists to shield them from paying fines. Richmond's Daniel Connors sleep-in was the straw that broke the camel's back as the AFL club sends him packing.
Page 3: Former Victorian police chief commissioner Simon Overland appointed Tasmania's Justice Department. Police union breaks away from the Victorian Trades Hall Council after it hired out a room at Trades Hall for a forum about police brutality. Judith Durham and Robyn Nevin remember their school days in Hobart. Majority of big greenhouse gas emitters and climate change experts believe a carbon price will exist in the long run even if a coalition government gets rid of it.
World: Palm oil companies set light to carbon-rich peat forests of northern Sumatra to clear the land for their plantations.
Business: Discount broker ITG Australia dominated trading in David Jones shares the day before the mystery takeover bid.
Sport: Carlton benefactor Geoffrey Edelsten throws his support behind embattled coach Brett Ratten and will join him in the coach's box for Friday night's game against Collingwood.
THE HERALD SUN:
Page 1: The Victorian Parole Board tells Hoddle St killer Julian Knight he has little chance of being released in the forseeable future.
Page 2: Former Victoria Police chief commissioner Simon Overland appointed Tasmania's Secretary of Justice. Thousands of building workers march in Melbourne and threaten to shut down city streets again in protest at Victoria's new building code.
Page 3: Perfect ski conditions at Falls Creek. Logjam on Centrelink phone calls with some clients waiting up to 90 minutes.
World: The prospect of sending daughter Suri to Scientology's HQ in California may have been too much for Katie Holmes.
Finance: Billionaire James Packer says he won't go higher than 25 per cent if he can buy into Echo Entertainment.
Sport: Richmond's Dustin Martin targeted by AFL dope testers after he was suspended for two weeks for missing training after sleeping in while his teammate Daniel Connors was sacked for the same reason.