24/07/2017 - 06:47

Morning Headlines

24/07/2017 - 06:47

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WA pastoralists keen on carbon-farming scheme

Pastoralists have called on the State Government to help them take part in a Federal Government carbon-farming scheme that could be worth hundreds of millions to WA. The West

 

Rio ready to take on more WA workers

After tightening its belt for the past few years, Rio Tinto is laying the groundwork for an expansion of its apprenticeship program. The West

 

Minderoo court decision looms, threatening 50 WA mining leases

The validity of about 50 West Australian mining leases could be thrown into doubt if the High Court of Australia rules in favour of Andrew Forrest in his long-running bid to prevent sand mining on his family cattle station, Minderoo. The Fin

Giants join juniors in the hunt for minerals

Some of the world's biggest mining houses are increasingly turning to Australia's junior explorers in the hope of making the next great mineral discovery. The Aus

 

High dollar, low inflation corner RBA

The strengthening Australian dollar threatens to subdue consumer price inflation by putting a lid on import prices, complicating Reserve Bank of Australia hopes to start lifting its record low cash rate in line with other central banks. The Fin

Government gives notice on gas supply, export restrictions

The Turnbull government will take the first steps on Monday to formally determine whether it will impose export controls on LNG, when Resources Minister Matt Canavan gives notice that he will assess whether there will be a domestic gas shortfall in 2018. The Fin

 

Telcos refuse to guarantee speed

None of the nation's major telcos will guarantee that customers will experience super-fast internet under the National Broadband Network, or even that they will deliver the same speed packages being sold to them by the agency in charge of the $49 billion project. The Aus

 

Reform to cut insurance policies

The government will unveil changes today to give Australians greater control over their retirement savings amid new figures showing nearly 50,000 workers have five or more superannuation funds, each paying separate life insurance policies. The Aus

 

More West Aussies struggle to afford their utility bills

Growing numbers of West Australians are struggling to keep their lights on, with figures revealing the number of households needing help to pay power bills almost trebled last financial year. The West

 

The Australian Financial Review

Page 1: The strengthening Australian dollar threatens to subdue consumer price inflation by putting a lid on import prices, complicating Reserve Bank of Australia hopes to start lifting its record low cash rate in line with other central banks.
US President Donald Trump asserted the ''complete power to pardon'' relatives, aides and possibly even himself in response to investigations into Russia's meddling in last year's election, deepening a crisis that threatens to cripple his administration.
Page 4: Opposition Leader Bill Shorten will detail a Labor clampdown on trusts and other tax minimisation vehicles available to high-income earners next weekend as part of a wider bid to set the political agenda.
Page 5: Former prime minister Tony Abbott had a major victory at a special meeting of the NSW Liberal Party on Sunday, which backed his push to hold popular plebiscites of party members.
Page 8: The Turnbull government will take the first steps on Monday to formally determine whether it will impose export controls on LNG, when Resources Minister Matt Canavan gives notice that he will assess whether there will be a domestic gas shortfall in 2018.
Page 13: Crown Resorts' big mistake in China was sending a large, visible group of its own people to collect debts from VIP gamblers on the mainland, according to the vice-chairman of rival casino operator Wynn Macau.
Page 15: Woolworths is facing claims by Harris Farm Markets it is acting anticompetitively by enforcing a first right of refusal over a retail lease in Sydney's Double Bay, in a legal dispute that could mark the start of latest challenge to big supermarket power since Woolworths and Coles were challenged by the regulator on how they deal with suppliers.
The validity of about 50 West Australian mining leases could be thrown into doubt if the High Court of Australia rules in favour of Andrew Forrest in his long-running bid to prevent sand mining on his family cattle station, Minderoo.

 

The Australian

Page 1: Malcolm Turnbull has won back supporters from One Nation while Bill Shorten has gained ground on the Greens, as voters turn against the minor parties while cementing Labor's lead over the government of 53 to 47 per cent in two-party terms.
None of the nation's major telcos will guarantee that customers will experience super-fast internet under the National Broadband Network, or even that they will deliver the same speed packages being sold to them by the agency in charge of the $49 billion project.
The Greens have taken another blow in popular support as Bill Shorten targets their supporters with a warning about inequality and a plan to increase the tax burden on the wealthy, drawing comparisons with the way overseas firebrands such as US senator Bernie Sanders and British Labour leader Jeremy Corbyn have won over younger voters.
Page 4: The government will unveil changes today to give Australians greater control over their retirement savings amid new figures showing nearly 50,000 workers have five or more superannuation funds, each paying separate life insurance policies.
Page 17: Australia-based entrepreneur Harish Palagummi will within three months launch a research and development conglomerate backed by eminent international scientific names, ambitiously targeted to become the key private sector rival to the CSIRO.
Some of the world's biggest mining houses are increasingly turning to Australia's junior explorers in the hope of making the next great mineral discovery.
Page 19: Atlas Iron is weighing up its first return to debt markets following its recent near-death experience. Managing director Cliff Lawrenson is contemplating new facilities that would bring flexibility to Atlas's balance sheet.
Page 20: An Australian-built trading platform that aims to disrupt the way the world's $200 billion liquefied natural gas market transacts is to go live within a matter of weeks, with Woodside Petroleum set to be among the first to sell cargoes through the system.

 

The West Australian

Page 1: Growing numbers of West Australians are struggling to keep their lights on, with figures revealing the number of households needing help to pay power bills almost trebled last financial year.
Page 3: Premier Mark McGowan has asked Prime Minister Malcolm Turnbull to declare July 23 a national day to commemorate Pozieres Day, one of the bloodiest battles for Australian diggers in World War I.
Page 4: Australians could be asked to give a Federal government four years in charge of the nation's finances, with Opposition Leader Bill Shorten saying an end to revolving-door politics would boost confidence across the country.
Page 9: The State Government has threatened to change the rules of Parliament to curb the number of written questions submitted by rookie Liberal MP Zak Kirkup, which it fears would cost $1.8 million to reply to in just three months.
Page 11: A marine expert claims the full protection area around Ningaloo and other marine parks would be slashed by more than 40 per cent under the Federal Government's draft zoning, compared with a previous plan.
Page 12: Long-term tenants of residential parks will get extra protection under legal changes proposed by the McGowan Government.
Page 57: Pastoralists have called on the State Government to help them take part in a Federal Government carbon-farming scheme that could be worth hundreds of millions to WA.
After tightening its belt for the past few years, Rio Tinto is laying the groundwork for an expansion of its apprenticeship program.
Page 58: With a clutch of appointments into the sector in recent months, insolvency firm McGrathNicol is cautioning about growing stress in WA's hospitality industry.

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