06/10/2017 - 06:47

Morning Headlines

06/10/2017 - 06:47

Bookmark

Upgrade your subscription to use this feature.
Morning Headlines

Fatal failings at Fiona Stanley still to be fixed

The State Coroner has found “systemic failures” at Fiona Stanley Hospital that resulted in the “preventable” death of a patient two years ago have still not been fully addressed, leading to concerns that a similar tragedy could happen again. The West

 

Forrest’s court ruling has Roy Hill concerned over leases

Gina Rinehart’s $10 billion Roy Hill iron ore mine has rushed to shore up its mining leases in the fallout from Andrew Forrest’s bittersweet High Court victory over mining on his Minderoo pastoral station. The Fin

 

Nib severs stadium naming rights deal

Health insurer nib will sever its naming rights deal with the East Perth rectangular stadium after seven years — leaving WA’s three main stadiums without a major sponsor. The West

 

PM takes on Jones over gas bans

Malcolm Turnbull and his government are headed for a showdown with highly influential broadcaster Alan Jones amid a growing view the Sydney radio figure must bear some responsibility for high gas and power prices. The Fin

 

GST gas threat is laughable

While the federal government has threatened to use the GST formula to punish states that ban coal-seam gas, the body that administers the goods and services tax has already concluded the threat is not very scary. The Fin

 

Shorten ducks RET questions

Bill Shorten has dodged seven questions on Labor’s 50 per cent renewables target by 2030 pledge, refusing to say whether the party had costed the policy or remains committed to it. The Aus

 

$3bn dream to ease energy crunch

Former Santos chairman Stephen Gerlach has launched ambitious plans to build a $3 billion coal-togas plant in the Northern Territory to supply tight east coast markets. The Aus

 

ATO flags online sales tax crackdown

The Australian Taxation Office is beefing up its data-matching capabilities with the Department of Immigration and Border Protection ahead of the government’s contentious plan to impose GST on internet imports worth less than $1000 from July next year. The Aus

 

Nahan blinks on gold vote

A backflip by Opposition Leader Mike Nahan has ensured the fate of the State Government’s gold royalty increase will be known on Tuesday when Liberal MPs meet to decide if the party should support the $392 million Budget revenue measure. The West

 

The Australian Financial Review

Page 1: Malcolm Turnbull and his government are headed for a showdown with highly influential broadcaster Alan Jones amid a growing view the Sydney radio figure must bear some responsibility for high gas and power prices.

Rising mental health claims have triggered sharp losses on disability income policies for the largest insurers, raising concern from the Australian Prudential Regulation Authority.

P4: While the federal government has threatened to use the GST formula to punish states that ban coal-seam gas, the body that administers the goods and services tax has already concluded the threat is not very scary.

P5: Surging LNG exports will help boost the value of Australia’s mining and energy exports to a record high this financial year, but the nation’s top commodity forecaster has warned the production phase of the resources boom is close to its peak.

P6: Australia’s planned acquisition of 12 French designed submarines worth $50 billion has been a ‘‘new impulse’’ to developing deeper co-operation between the two navies in the Pacific and Indian oceans, France’s navy chief says.

P8: Bond investors are increasingly at risk of being blindsided by official Reserve Bank of Australia rate hikes, says former board memberJohn Edwards, who has also downplayed hysteria over the ability of highly indebted households to weather rising borrowing costs.

P15: After enduring several king hits from major shareholder and supplier Solomon Lew, department store chain Myer is about to take the gloves off to defend itself in what is becoming an increasingly dirty fight between two of Australia’s largest retailers.

Gina Rinehart’s $10 billion Roy Hill iron ore mine has rushed to shore up its mining leases in the fallout from Andrew Forrest’s bittersweet High Court victory over mining on his Minderoo pastoral station.

 

The Australian

Page 1: Clive Palmer’s father-in-law Alexander Sokolov has worries of the world much heavier than the black leather bag slung across his shoulder as he strides the streets on a chilly autumn morning in the Bulgarian capital this week.

More than seven tonnes of illicit narcotics destined for Australia have been seized offshore in the past three months, prompting law-enforcement agencies to warn of an escalation in attempts to import drugs by “global syndicates”.

In a sign sluggish wages and higher power prices are starting to bite, the new financial year has seen the biggest fall in retail sales since 2009, fuelling concern the economy isn’t as strong as the government’s forecasts imply and casting further doubt on the prospect for Reserve Bank interest rate increases.

P3: Bill Shorten has dodged seven questions on Labor’s 50 per cent renewables target by 2030 pledge, refusing to say whether the party had costed the policy or remains committed to it.

P4: Gentle ocean ripples would be enough to stop the navy’s billiondollar amphibious ships from moving key armoured vehicles to shore because of compatibility issues with new landing craft, leaked Defence documents reveal.
P5: After 28 years of late-night analysis, the ABC yesterday axed Lateline as part of a current affairs reorganisation.

P6: A report to Labor’s most recent campaign committee meeting revealed the party almost trebled its usual $150,000-$180,000 campaign budget to $500,000 for Northcote. The vote is on November 18.

P17: Australian LNG exports are likely to be sold under contract to foreign buyers for the next two years at cheaper rates than most east coast domestic gas supply contracts are being offered, as lower oil price forecasts curb LNG prices and export revenue, according to the Office of the Chief Economist.
Former Santos chairman Stephen Gerlach has launched ambitious plans to build a $3 billion coal-togas plant in the Northern Territory to supply tight east coast markets.

P19: The Australian Taxation Office is beefing up its data-matching capabilities with the Department of Immigration and Border Protection ahead of the government’s contentious plan to impose GST on internet imports worth less than $1000 from July next year.

The West Australian

Page 1: A backflip by Opposition Leader Mike Nahan has ensured the fate of the State Government’s gold royalty increase will be known on Tuesday when Liberal MPs meet to decide if the party should support the $392 million Budget revenue measure.

P12: The State Coroner has found “systemic failures” at Fiona Stanley Hospital that resulted in the “preventable” death of a patient two years ago have still not been fully addressed, leading to concerns that a similar tragedy could happen again.

P13: A tongue-in-cheek television channel — featuring good news stories such as the koala that goes shopping and the crocodile that eats a hat — is the centrepiece of a $5 million campaign aimed at attracting young European tourists to Australia.

The explosive growth of Airbnb across WA is one of the most disruptive developments in tourism in the past decade, a report has found.

P17: Almost $7000 for every West Australian is being spent on health services across the State, a report reveals.

P20: Health insurer nib will sever its naming rights deal with the East Perth rectangular stadium after seven years — leaving WA’s three main stadiums without a major sponsor.

P48: Chevron and Woodside Petroleum have opened a new front in WA’s gas-rich North West, revealing yesterday they would spend more than $200 million exploring in 23,000sqkm of the North Carnarvon Basin.

WA’s second-biggest gold miner is in a game of brinkmanship with the McGowan Government over the gold royalty hike.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options