15/08/2017 - 06:44

Morning Headlines

15/08/2017 - 06:44

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Kids’ hospital flawed from start: doctors

Doctors have told a State Government inquiry into the problem plagued Perth Children’s Hospital that the project was flawed from the start and was too small. The West

 

Poll shows seat at risk for Labor

One of the State Government’s most marginal seats is already under threat, with polling suggesting a 6 per cent swing against a new MP whom the Liberal Party is trying to drag to a by-election. The West

 

Livingstone ousts CEO Narev, cuts pay, puts execs on notice

Commonwealth Bank of Australia executives are bracing for more pain after chairman Catherine Livingstone said the board would continue to investigate executive accountability for the AUSTRAC money-laundering debacle and reserved the right to claw back bonuses from those who had left the company where necessary. The Fin

 

Centuria scouts for WA deals

Centuria Capital Group’s fast-growing listed property trusts are on the hunt for more WA acquisitions after making a two-pronged $92 million debut in Perth’s office market last month. The West

 

ACCC won’t rule out energy re-regulation

The re-regulation of electricity prices might have to be considered if competition isn’t working to benefit consumers, says a senior commissioner with the competition watchdog. The Fin

 

PM under long white cloud

Malcolm Turnbull is prepared to escalate a fight with Bill Shorten over control of parliament by challenging more than five Labor MPs over their citizenship, defending the government’s one-seat majority after it was thrown into chaos with the revelation that the Nationals leader, Barnaby Joyce, is a New Zealander. The Aus

 

Now Xenophon enters the dual citizenship mix

South Australian senator Nick Xenophon has conceded he never heard back from Greek and Cypriot authorities when he attempted to renounce any possible foreign citizenship, raising fresh questions about his election. The Aus

 

Plenty on offer for acquisitive gold, copper miners

Gold and copper are back in the spotlight for acquisitive resources companies, as three mining assets, collectively worth up to $800 million, are put up for sale. The Aus

 

The Australian Financial Review

Page 1: Commonwealth Bank of Australia executives are bracing for more pain after chairman Catherine Livingstone said the board would continue to investigate executive accountability for the AUSTRAC money-laundering debacle and reserved the right to claw back bonuses from those who had left the company where necessary.

P3: Reserve Bank assistant governor Christopher Kent has warned that the relatively high use of offset accounts by interest-only mortgage borrowers shouldn’t be cause for complacency over a key part of the financial system.

P6: Broadcasters could be forced to pay into a ‘‘local content fund’’ to support production of home-grown television programs in a bid to end the stalemate over media reforms.

P9: Commonwealth Bank will refund $10 million to more than 65,000 customers, after the bank admitted it sold credit card repayment insurance to students and unemployed people who are unable to claim the insurance.

P10: US company Solar Reserve will construct a $650 million solar thermal power plant near Port Augusta in northern South Australia, after winning a bid to supply the state government with electricity for its own power needs.

The re-regulation of electricity prices might have to be considered if competition isn’t working to benefit consumers, says a senior commissioner with the competition watchdog.

 

The Australian

Page 1: Malcolm Turnbull is prepared to escalate a fight with Bill Shorten over control of parliament by challenging more than five Labor MPs over their citizenship, defending the government’s one-seat majority after it was thrown into chaos with the revelation that the Nationals leader, Barnaby Joyce, is a New Zealander.

P2: The Commonwealth Bank’s 12 senior executives have been warned they could face more consequences for the money-laundering scandal engulfing the nation’s biggest company as their pay was halved to $26.3 million and the bank kicked off a search to replace chief executive Ian Narev.

P3: Almost 40 per cent of health insurance policies have exclusions to help keep premiums down, raising the risk members will find themselves without cover when they need it.

Union boss John Setka is likely to appeal after a judge blocked his bid to quash a blackmail charge laid against him for an industrial boycott.

P4: South Australian senator Nick Xenophon has conceded he never heard back from Greek and Cypriot authorities when he attempted to renounce any possible foreign citizenship, raising fresh questions about his election.

P7: Fugitive Clive Mensink asked his uncle Clive Palmer’s personal assistant to book overseas cruises for him as recently as March, just weeks before the Federal Court issued warrants for the globetrotting businessman’s arrest.

P18: Gold and copper are back in the spotlight for acquisitive resources companies, as three mining assets, collectively worth up to $800 million, are put up for sale.

 

The West Australian

Page 1: The Federal Government has been thrown into chaos and faces losing its one-seat majority in Parliament after Deputy Prime Minister Barnaby Joyce yesterday revealed he was a citizen of New Zealand and in likely breach of the Constitution.

P7: Public school teachers are demanding the right to ignore emails from pushy parents who contact them outside school hours.

P9: Doctors have told a State Government inquiry into the problem plagued Perth Children’s Hospital that the project was flawed from the start and was too small.

P16: Commonwealth Bank chief executive Ian Narev will retire and take a multimillion-dollar pay cut as pressure grows over the lender’s handling of mass money-laundering and terrorist financing allegations.

One of the State Government’s most marginal seats is already under threat, with polling suggesting a 6 per cent swing against a new MP whom the Liberal Party is trying to drag to a by-election.

P47: Civil and mining contractor NRW Holdings is set to double in size after striking an $85 million deal to buy east coast counterpart Golding Group.

P48: Centuria Capital Group’s fastgrowing listed property trusts are on the hunt for more WA acquisitions after making a twopronged $92 million debut in Perth’s office market last month.

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