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Christian Porter’s seat of Pearce could be under threat if the swing is on at the next federal poll. Photo: Attila Csaszar

Libs need to mend some fences

Prime Minister Malcolm Turnbull and his cabinet ministers will face a major fence-mending exercise to rebuild the Liberal Party vote when they make a rare visit to Perth next month.

The Liberals are still reeling from the flogging they received in the March state election, when Colin Barnett’s government was dumped after two terms, winning only 13 of the 59 Legislative Assembly seats.

If a similar vote were recorded in the next federal poll due by mid 2019, Western Australia’s Liberal representation in the House of Representatives would slump from 11 members out of 16, to just six (or worse).

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Comments

Bill Shorten cannot believe his luck at the lack of concrete action by Morrison on this issue

Melbourne
Scott Morrison got it a completely wrong with his recent comments that poker machine harm should not be considered when carving up the GST for the states. Australians are the world's biggest gamblers per capita, dropping $23 billion a year. Pokies deliver about half of those losses, along with the associated crime, family breakdown and widespread community harm. Western Australian should be getting bonus payments from Canberra for not unleashing pokies on their community. Why give an incentive for state-sponsored abuse of citizens? Congratulations to all sides of politics in WA for holding the line against pokies and keep fighting for your fair share of the GST. Stephen Mayne Alliance for Gambling Reform Melbourne

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BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 31/07/17

1 year TSR5 year TSR
82ndAtlas Iron92%-58%
116thSouth3262%0%
177thFortescue Metals Group37%11%
272ndWoodside Petroleum14%3%
447thNorthern Star Resources-15%42%
710 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

20/04/17
$52k Bought
03/11/16
$6.9m Bought
23/09/16
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

1st-Fortescue Metals Group$9,806.1m
2nd↑South32$8,262.9m
3rd-Woodside Petroleum$5,715.9m
4th↑Atlas Iron$803.7m
5th-Northern Star Resources$787.2m
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Fortescue Metals Group

4thNev Power$5.324m
669thMark Barnaba$223k
786thSharon Warburton$170k
Ranked by total remuneration from all listed WA companies

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