25/08/2017 - 06:48

Morning Headlines

25/08/2017 - 06:48

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Watchdog urges cut in wastewater charge

WA’s economic watchdog is at odds with the State Government after calling for cuts to water bills that would cost the State’s debt-ridden Budget more than $1 billion. The West

 

High power bills sap WA households

Single parents and seniors living alone are being hit hardest by WA’s rising energy costs, a report shows, with more than 10 per cent of some households’ incomes going on gas and electricity bills. The West

 

Shorten says Libs have lost plot on Soviet-era claims

Labor says the government has lost the plot after the latest salvo in which Opposition Leader Bill Shorten was accused of crushing aspiration by embracing a policy philosophy akin to soviet-era socialism. The Fin

 

Qantas non-stop US, Europe flights by 2022

Qantas will outline plans for non-stop flights today between Australia’s east coast and London and New York by 2022 but it’s contingent on aircraft manufacturers developing new planes capable of flying the distance The Fin

 

Fahour accused of bowing to union leader’s threats

Former Australia Post managing director Ahmed Fahour was responsible for the firing of an executive who upset a powerful union leader, according to a lawsuit filed by the executive. The Fin

 

Labor’s narrow job skills stoke business concerns

A shortage of “real-world” experience on Labor’s frontbench is fuelling concerns over a negative approach to small business and raising doubts about the party’s claim to represent the interests of its traditional “aspirational” blue collar base. The Aus

 

Business great and small to team up

A business alliance will be formed today to push for workplace reform and lower taxes as big and small companies counter a shift in federal parliament that leaves them exposed to sudden moves to raise revenue. The Aus

 

Mining execs call for action on gas supply

Top resources executives have warned that Australia is facing a “crisis point” with the rising cost of energy, calling for urgent policies to give industry more access to domestic gas. The Aus

 

Labor talks up GST fix

Federal Labor frontbencher Tim Hammond says he is confident Bill Shorten will outline a plan to fix WA’s low share of the GST when he is in Perth this weekend. The West

 

The Australian Financial Review

Page 1: The Turnbull government risks months of distraction after the High Court ruled it would not hear the dual citizenship cases for another seven weeks and leading constitutional lawyers predicted at least some of the MPs concerned would be disqualified from Parliament.

P4: Labor says the government has lost the plot after the latest salvo in which Opposition Leader Bill Shorten was accused of crushing aspiration by embracing a policy philosophy akin to soviet-era socialism.

Australia may not win any prizes for resisting the global slide towards worsening income and wealth inequality, but it has succeeded in maintaining its status as one of the world’s leading opportunity societies.

P7: Former Australia Post managing director Ahmed Fahour was responsible for the firing of an executive who upset a powerful union leader, according to a lawsuit filed by the executive.

P8: Qantas will outline plans for non-stop flights today between Australia’s east coast and London and NewYork by 2022 but it’s contingent on aircraft manufacturers developing new planes capable of flying the distance.

P13: OZ Minerals chief executive Andrew Cole says the green light for the $916 million development of its Carrapateena copper and gold mine in South Australia won’t restrain the company from pursuing acquisitions overseas and in Australia.

Santos chief executive Kevin Gallagher has pledged the weakened oil and gas producer will not repeat the mistakes of the past after making significant progress to cut costs and restore its balance sheet.

P15: South32 is expected to continue shovelling more cash to shareholders after the diversified miner lifted its final dividend for 2017 and added more funds to its share buy-back program.

P16: ASX-listed health insurer Nib Holdings and TAL, one of the nation’s largest life insurers, may team up to look for ways to engage disenfranchised consumers amid falling policy take-up and negative sentiment about the value of insurance of all types.

 

The Australian

Page 1: A shortage of “real-world” experience on Labor’s frontbench is fuelling concerns over a negative approach to small business and raising doubts about the party’s claim to represent the interests of its traditional “aspirational” blue collar base.

The fate of the Turnbull government and the shape of the federal parliament will hang in the balance for months after the High Court scheduled for October a hearing of the dual-citizenship drama engulfing the Deputy Prime Minister and six senators.

P4: One Nation has restructured into a national political party as its leader, Pauline Hanson, calls for recruits to stand at the Queensland state election.

P6: A business alliance will be formed today to push for workplace reform and lower taxes as big and small companies counter a shift in federal parliament that leaves them exposed to sudden moves to raise revenue.

P7: Malcolm Turnbull has blasted Bill Shorten for lacking transparency after government MPs ramped up calls for the Opposition Leader to release documents to prove he was not a British citizen.

P8: The Australian Federal Police has revealed it will not investigate Victorian construction union leader John Setka over alleged threats against ABCC inspectors at a Melbourne rally in June.

P19: Top resources executives have warned that Australia is facing a “crisis point” with the rising cost of energy, calling for urgent policies to give industry more access to domestic gas.

P20: Commonwealth Bank’s board sub-committee, set up to handle the bank’s response to the Austrac money-laundering scandal, is understood to comprise Mary Padbury, Andrew Mohl, veteran director Harrison Young and Brian Long.

P22: Santos managing director Kevin Gallagher says gas exports from the Gladstone LNG project will be capped at six million tonnes until the mid-2020s, in a move that could ease medium-term pressure on tight east coast markets.

 

The West Australian

Page 3: WA’s economic watchdog is at odds with the State Government after calling for cuts to water bills that would cost the State’s debtridden Budget more than $1 billion.

P6: Tasmanian Labor MP Brian Mitchell, who is from Perth, may have been an Irish citizen at the time of the Federal election — the latest in a string of Labor MPs who have citizenship questions hanging over them but are refusing to provide proof of renunciation.

P7: Premier Mark McGowan has refused to reveal who in business might be paying $25,000 a year for access to himself and his ministers, despite claiming all donations to WA Labor were transparent.

P10: Incorrect tax deductions for work-related car use are putting many Australians on a collision course with the Australian Taxation Office.

P11: Single parents and seniors living alone are being hit hardest by WA’s rising energy costs, a report shows, with more than 10 per cent of some households’ incomes going on gas and electricity bills.

P18: Federal Labor frontbencher Tim Hammond says he is confident Bill Shorten will outline a plan to fix WA’s low share of the GST when he is in Perth this weekend.

P60: South32 is the latest miner to take advantage of higher commodity prices and return more cash to its shareholders.

Mining contractor Macmahon Holdings says it spent $3.4 million defending a takeover attempt by CIMIC.

P61: Timid Australian shoppers are providing a headache for David Jones’ South African owners as the up-market department store chain seeks to rebuild its reputation in gourmet food. 

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