21/08/2017 - 06:45

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21/08/2017 - 06:45

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Subsea plan to feed Gorgon

Chevron is considering using a radical new technology known as subsea compression to keep gas flowing to the Gorgon LNG project and avoid a multi-billion dollar offshore structure. The West

 

China curbs offshore investment

The Chinese government has moved to halt ‘‘irrational’’ overseas investments by restricting purchases of real estate and entertainment assets, a decision which could dent demand for Australian assets. The Fin

 

$2m campaign to fill Perth hotels

West Australians are being urged to invite friends and family to visit Perth as part of a series of emergency marketing campaigns to be launched today by the Government in a bid to halt a hotel occupancy downturn. The West

 

Coalition to pressure Shorten over UK ties

The government will ask the High Court to deal urgently with the citizenship question as it put pressure on Bill Shorten over his own citizenship status. The Fin

 

BHP to triple dividends

BHP Billiton will deliver a six-fold increase in profit and a three-fold increase in its final dividend on Tuesday, but it is its controversial shale division – key to its fight with activist investor Elliott – that will capture the market’s attention. The Fin

 

Lift rates now or pay later: Costello

Peter Costello, chairman of the nation’s $130 billion Future Fund, has urged the Reserve Bank to lift interest rates now to avoid households’ taking on more debt, which he says is contributing to “massive imbalances” in the economy. The Aus

 

Thousands to get refunds after NBN overcharging

Thousands of subscribers to the National Broadband Network will be refunded after the nation’s biggest telco launched an investigation into overcharging. The Aus

 

Insurers slammed over car policies

The corporate watchdog has condemned Australia’s largest insurance companies for offering “disappointing” proposals to overhaul predatory car insurance products. The Aus

 

State threatens legal scrum to save Force

The State Government has warned the Australian Rugby Union it will sue for more than $100 million in the wake of the Western Force debacle — a move that would bankrupt the cash strapped governing body. The West

 

The Australian Financial Review

Page 1: The Chinese government has moved to halt ‘‘irrational’’ overseas investments by restricting purchases of real estate and entertainment assets, a decision which could dent demand for Australian assets.

The Australian-born boss of US coal giant Peabody Energy says the group’s Australian coal business has become a star of the reborn mining group, which emerged from bankruptcy just four months ago.

P3: When your five-year-old is given a cancer diagnosis For most of his career at KPMG, partner Adrian Fisk had never considered taking extended time off from work or working part-time.

P4: The government will ask the High Court to deal urgently with the citizenship question as it put pressure on Bill Shorten over his own citizenship status.

P6: The prudential regulator is discreetly pressing lenders to improve their balance sheet resilience by toughening scrutiny of new borrowers’ ability to service loans.

P7: Uber is ‘‘unabashedly’’ in favour of road user charging because it believes motorists will be more likely to share its cars when fees are introduced, says the company’s global head of transportation and policy, Andrew Salzberg.

P13: BHP Billiton will deliver a six-fold increase in profit and a three-fold increase in its final dividend on Tuesday, but it is its controversial shale division – key to its fight with activist investor Elliott – that will capture the market’s attention.

P15: Treasury Wine Estates chief executive Mike Clarke says an ‘‘agreed road map’’ with powerful customers Woolworths and Coles has been important in a step-up in profits from the wine group’s Australian business, as it eyes a 25 per cent share of the local market.

P18: As the head of Australia’s only natural gas producer in China, Glenn Corrie has a better insight than most into the world’s fastest growing major energy market, and the future is looking bright for the commodity that drives his business.

 

The Australian

Page 1: Peter Costello, chairman of the nation’s $130 billion Future Fund, has urged the Reserve Bank to lift interest rates now to avoid households’ taking on more debt, which he says is contributing to “massive imbalances” in the economy.

Teacher aides were pulled out of class to meet union organisers conducting a “blitz” of state schools, under a deal between Queensland’s ALP government and a powerful trade union.

P2: Thousands of subscribers to the National Broadband Network will be refunded after the nation’s biggest telco launched an investigation into overcharging.

Government workers in dysfunctional and isolated communities can grow to tolerate a level of child neglect and even abuse they would otherwise find unacceptable, former West Australian premier Colin Barnett has said.

P4: Bill Shorten says he renounced his British citizenship “years ago” but has refused to provide evidence. The Australian was told Mr Shorten renounced his British citizenship in 2006, before nominating for the 2007 election, but he said he felt no obligation to produce the paperwork because he “knew it to be true”.

P5: Teacher aides were pulled out of class to meet union organisers conducting a “blitz” of state schools, under a deal between Queensland’s ALP government and a powerful trade union.

P17: The nation’s most powerful superannuation fund has distanced itself from company directors, arguing in favour of tighter prudential regulation for banks due to the industry’s privileged role in the economy and its “repeated” failure to protect the interests of customers.

The corporate watchdog has condemned Australia’s largest insurance companies for offering “disappointing” proposals to overhaul predatory car insurance products.

The flagged entry of e-commerce behemoth Amazon into Australia offers an opportunity rather than a threat to local data-heavy companies, according to former LJ Hooker chief executive Grant Harrod.

P20: The Mirvac Group has shaken up its retail portfolio by taking full control of two major Sydney shopping centres, moving to dispose of a stake in a Queensland centre and weighing up bringing a capital partner into its landmark Harbourside redevelopment.

 

The West Australian

Page 3: Public school students were handed more than 2000 suspensions last year for offences such as cyber bullying, using mobile phones to film fights or sharing hateful or inappropriate material online.

P6: Tony Abbott has called for an urgent focus on school attendance in remote Aboriginal communities as he begins a week-long visit to the Kimberley today, saying a good education would “empower” Aboriginal people to move away from isolated areas to find work.

P7: West Australians are being urged to invite friends and family to visit Perth as part of a series of emergency marketing campaigns to be launched today by the Government in a bid to halt a hotel occupancy downturn.

P9: The State Government has warned the Australian Rugby Union it will sue for more than $100 million in the wake of the Western Force debacle — a move that would bankrupt the cashstrapped governing body.

Premier Mark McGowan has defended the handling of former Lotterywest boss Paul Andrew’s departure from the role, saying he was “comfortable” in how it was managed and insists it was by “mutual agreement”.

P12: Former premier Colin Barnett has lashed out at Mark McGowan’s decision to move offices, calling it “nasty” and “small minded”.

P57: Chevron is considering using a radical new technology known as subsea compression to keep gas flowing to the Gorgon LNG project and avoid a multi-billion dollar offshore structure.

Braemar Presbyterian Care chief executive Wayne Belcher is aiming to double the number of places offered by his facilities over the next five to seven years, which would include diversifying into retirement living.

 

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