07/11/2017 - 06:22

Morning Headlines

07/11/2017 - 06:22

Bookmark

Upgrade your subscription to use this feature.
Morning Headlines

Turnbull announces citizenship rules for MPs

The Turnbull government faces an anxious wait, with one of its lower house MPs checking his citizenship, just hours after the Prime Minister announced a new disclosure regime to draw a line under the saga.  The Fin

Nuggets fuel Pilbara gold rush

The Pilbara gold rush became more urgent yesterday when Segue Resources reported nuggets on one of its tenements and Artemis Resources claimed its Munni Munni project was overlaid by sediments prospective for conglomerate gold. The West

Trans-Pacific trade pact may be a goer without US

A rebirthed Trans-Pacific Partnership trade deal could be in force within 12 months if Australia and Japan succeed this week in having all original signatories, except the United States, agree to institute it anyway, the Turnbull government believes. The Fin

Big four reap ‘solid’ $31.5bn profit

Australia’s big four banks delivered a combined $31.5 billon in profit this financial year, an increase of 6.4 per cent on last year, according to analysis by KPMG. The Aus

Hartzer vows ‘to put things right’

Westpac chief executive Brian Hartzer has warned there may be more customer refunds to be paid out as the lender airs its dirty laundry, having spent more than 1 per cent of its earnings this year “putting it right” with customers found to have been disadvantaged. The Aus

Harbour views pull Rio boss

In a move that could rankle proud Victorians, Jean-Sebastien Jacques’ Rio Tinto is set to bolster its corporate presence in Sydney after downsizing its outpost in Melbourne, the nation’s spiritual home of mining (or at least their HQs). The Aus

Nine-year share high for miner

Shares in Australian Mines hit fresh nine-year highs yesterday after the Benjamin Bell-led company raised $20 million in a placement that was swamped by institutional investors wanting to secure stakes in the company. The West

 

 

The Australian Financial Review

Page 1: The Turnbull government faces an anxious wait, with one of its lower house MPs checking his citizenship; just hours after the Prime Minister announced a new disclosure regime to draw a line under the saga.

A rebirthed Trans-Pacific Partnership trade deal could be in force within 12 months if Australia and Japan succeed this week in having all original signatories, except the United States, agree to institute it anyway, the Turnbull government believes.

Page 6: ANZ’s relations with the providers of secret trusts in the Cook Islands turned suddenly nasty in 2012 after the bank caved in to pressure from the Australian Tax Office and handed it information on its clients allegedly without telling them first.

Page 8: Chinese buyers purchasing overseas residential property to keep vacant nearly halved over the past six months as the need for rental yield prompted more owners to lease out their homes, the latest UBS Evidence Lab survey shows.

Page 11: Westpac chief executive Brian Hartzer has warned that Australia is in danger of missing out on the rebound in global economic growth because politicians are failing to find consensus on energy, taxation and infrastructure policy, sapping business’ confidence to invest.

Page 16: Bookmaker CrownBet, which is majority owned by James Packer’s Crown Resorts, spent just under $100 million on marketing in the 2017 financial year, the company’s financial accounts show.

 

 

The Australian

Page 3: An undercover operation by aviation authorities into the contracted airport operations of four major airlines has cleared the nation’s largest baggage handling company of union claims that it had compromised air safety.

Page4: Energy Minister Josh Frydenberg’s mother arrived in Australia using a valid passport and was considered to be of “Hungarian nationality”, according to official immigration documents.

Page 11: The “era of strategic patience” with North Korea is over, Donald Trump has declared, after Japan backed his policy to consider all options to rein in the regime of Kim Jong-un.

Page 19: Westpac chief executive Brian Hartzer has warned there may be more customer refunds to be paid out as the lender airs its dirty laundry, having spent more than 1 per cent of its earnings this year “putting it right” with customers found to have been disadvantaged.

Swiss miner and commodities trader Glencore faces an Australian tax bill of more than $100 million, according to the company, which is at the centre of a storm surrounding a gigantic leak of client files from top tax-haven law firm Appleby.

In a move that could rankle proud Victorians, Jean-Sebastien Jacques’ Rio Tinto is set to bolster its corporate presence in Sydney after downsizing its outpost in Melbourne, the nation’s spiritual home of mining (or at least their HQs).

Page 21: Wagering giant Tabcorp’s latest product launch, in time for the Spring Racing Carnival, may not be enough to protect online market share, according to analysts, as rivals battle for punters.

Page 23: Australia’s big four banks delivered a combined $31.5 billon in profit this financial year, an increase of 6.4 per cent on last year, according to analysis by KPMG.

Page 26: With iPhone X, Apple has produced a smartphone that’s not only futuristic; it’s a pleasure to use. It deserves to be the 10th-year commemorative handset of the iconic first iPhone.

 

 

The West Australian

Page 3: The head of the Australian War Memorial has questioned the access given to a journalist for an “unofficial” history of the SAS Regiment, revealing his “exasperation” at getting documents for the nation’s official war history.

Page 14: The tax office has vowed to look into the affairs of companies operating in Australia that have been caught up in one of the world’s biggest leaks of confidential tax information.

Page 21: Researchers were thrilled to have captured one of the few remaining vaquita porpoises, but the adult female died after a few hours in captivity, raising questions about the last-ditch effort to enclose the world’s smallest porpoises to save them from extinction.

A Belgian judge has granted conditional release to sacked Catalan president Carles Puigdemont and four of his ministers, and the group is due to appear in court within 15 days, Belgian prosecutors say.

Business: Shares in Australian Mines hit fresh nine-year highs yesterday after the Benjamin Bell-led company raised $20 million in a placement that was swamped by institutional investors wanting to secure stakes in the company.

Muted trading in Goldfields Money has reinforced the opinion of directors that its Queensland suitor will have to increase its offer to have a chance of winning the junior lender.

The Pilbara gold rush became more urgent yesterday when Segue Resources reported nuggets on one of its tenements and Artemis Resources claimed its Munni Munni project was overlaid by sediments prospective for conglomerate gold.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options