28/08/2017 - 06:45

Morning Headlines

28/08/2017 - 06:45

Bookmark

Upgrade your subscription to use this feature.
Morning Headlines

Harbour plan all at sea after faction's mutiny

WA Labor’s new factional force, “Progressive Labor”, flexed its muscle at the party’s State conference at the weekend by successfully moving a motion against the McGowan Government’s plans for an outer harbour at Kwinana. The West

 

Scarborough businesses get council costs lifeline

Struggling Scarborough businesses affected by a beachside redevelopment will get up to $230,000 relief from the local council. The West

 

WA Libs threaten Turnbull with High Court challenge on GST carve-up

The West Australian Liberal Party is planning a High Court challenge to the federal government’s GST carve-up in an attempt to force the Turnbull government to hand over billions of extra dollars a year to the state. The Aus

 

Uni funding cuts could bypass Senate

The Coalition has rekindled threats of slashing billions from higher education by other means should the Senate refuse to pass cuts worth almost $3 billion as outlined in the federal budget. The Fin

 

Secret plan weighs on BDO merger

The partnership of BDO Australia may have to sacrifice profits to fund a proposed senior partner retirement scheme worth up to one year’s pay under a plan to turn the accounting network into a single national firm. The Fin

 

WA to privatise TAB, pay off racing industry

The WA government is pushing ahead with the sale of its TAB online and retail outlet wagering services businesses, which could earn the state as much as $500 million. The Fin

 

Miners discover dividend boom

Australia’s miners are splashing the cash. And they are slowly starting to buy back some of the credibility they lost amid the excesses of the mining boom. The Aus

 

Hurricane halts BHP’s Texas oil

BHP Billiton is among the companies forced to shut down their oil and gas operations in southern Texas after Hurricane Harvey struck at the weekend. The Aus

 

New bid to get older workers back on job

The Federal Government has picked Perth’s northern suburbs as one of the launch sites for a new program to help get older workers back into employment. The West

 

The Australian Financial Review

Page 1: Telstra chief executive Andy Penn insists he has a vision to make the country’s largest telecommunications player a global tech titan, and says the group is already taking major strides in areas such as cloud computing, cyber security, the Internet of Things and media content distribution.

The Coalition has rekindled threats of slashing billions from higher education by other means should the Senate refuse to pass cuts worth almost $3 billion as outlined in the federal budget.

P4: Universities would only have to boost their productivity to save more than the $1.2 billion the Turnbull government is trying to cut from university funding in the next four years, according to a new study.

P6: Big business is pushing to relax the test for enterprise bargaining agreements that trade away basic conditions, arguing the current rules will result in stagnant wage growth.

P8: The partnership of BDO Australia may have to sacrifice profits to fund a proposed senior partner retirement scheme worth up to one year’s pay under a plan to turn the accounting network into a single national firm.

P15: The WA government is pushing ahead with the sale of its TAB online and retail outlet wagering services businesses, which could earn the state as much as $500 million.

P17: Fortescue Metals Group is closing in on decisions that are likely to make solar power part of its future energy mix as it looks to replace imported diesel at its iron ore mining operations in the Pilbara.

P18: Fewer than one in three Australians have a high level of trust in banks, a report by Edelman reveals, with Australian Bankers’ Association chief Anna Bligh arguing the sector’s new code of conduct can help plug the trust gap.

 

The Australian

Page 1: The West Australian Liberal Party is planning a High Court challenge to the federal government’s GST carve-up in an attempt to force the Turnbull government to hand over billions of extra dollars a year to the state.

The nation’s electricity industry chiefs will be hauled in by Malcolm Turnbull for the second time in three weeks following an audit that revealed more than a million households are still paying the highest price rates imposed by energy retailers.

P3: The Chinese consulate-general has entered a dispute over Taiwanese independence at the University of Newcastle, exposing the increasing influence exerted by Beijing on Australian university campuses.

More public funds are to be spent to help Australia’s top Defence chiefs in a courtroom bid aimed at blocking the release of 17 “frank” text messages they sent about public criticism of Defence’s Muslim-led cultural change and diversity program.

P4: A new burst of productivity growth is lifting the economy, reversing a downturn through the 2000s and giving Treasury confidence that Australia can sustain good growth rates into the foreseeable future.

P6: The $20 billion international education industry has transformed the face of the southern state capitals and created an unofficial race to attract Asian students.

P17: Leading fund managers are divided as to whether the nation’s top companies are doing enough to combat the threat of disruption to their business models by Amazon and other global technology giants after a lacklustre annual reporting season.

Australia’s miners are splashing the cash. And they are slowly starting to buy back some of the credibility they lost amid the excesses of the mining boom.

P19: BHP Billiton is among the companies forced to shut down their oil and gas operations in southern Texas after Hurricane Harvey struck at the weekend.

P20: The owners of the Myer headquarters at Victoria Harbour in the Docklands are preparing to sell the complex which could trade for about $270 million.

 

The West Australian

Page 3: The Federal Government has picked Perth’s northern suburbs as one of the launch sites for a new program to help get older workers back into employment.

P4: WA Labor’s new factional force, “Progressive Labor”, flexed its muscle at the party’s State conference at the weekend by successfully moving a motion against the McGowan Government’s plans for an outer harbour at Kwinana.

P5: Competition has not benefited electricity consumers in Victoria and WA Energy Minister Ben Wyatt should proceed cautiously in reforming the State’s power market, a Perth energy conference has been told.

P11: About one in four employees is denied requests for reduced work hours to care for loved ones, prompting union calls for a new type of minimum employment standard.

P12: Treasurer Scott Morrison says the Federal Government is working towards a “proper fix” of the GST system, slamming Labor’s proposed top-up payments to WA as a temporary “bandaid” measure.

P14: Struggling Scarborough businesses affected by a beachside redevelopment will get up to $230,000 relief from the local council.

WA university graduates earn the highest salaries in the country, according to the latest Good Universities Guide.

P61: The relatively slow take-up of large-scale renewable energy projects in WA could ultimately help the State by allowing it to avoid the mistakes of other jurisdictions, according to Australia’s energy market chief.

Port Hedland’s first export shipment of cattle since 2013 is to set sail next weekend, signalling the start of a revitalised Pilbara live export industry.

Engineering firm Worley-Parsons has edged fancied rivals by gaining a foothold in Rio Tinto’s proposed next big iron ore development in the Pilbara.

 

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options