10/11/2017 - 06:33

Morning Headlines

10/11/2017 - 06:33

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Morning Headlines

Staged build for wind farm

A $500 million wind farm to be built by State-owned power provider Synergy in the Mid West will be done in stages to allow private sector competitors time to prove their projects are viable. The West

Pilbara’s future golden: Sprott

Canadian billionaire investor and gold bull Eric Sprott says the Pilbara conglomerate gold story could provide a huge economic boost for WA. The West

Hope restaurants can be sold

The latest casualties of Perth’s stressed restaurant scene — The Trustee, Beaufort Local and Enrique’s School for to Bullfighting — may yet keep their doors open with expectations of a sale before Christmas. The West

New win for old winery

Vasse Felix has received a big 50th birthday present, fending off strong international competition to be named New World Winery of the Year. The West

Tensions increase over rival SSM bill

West Australian Liberal MP Ian Goodenough yesterday confirmed there were “probably about a dozen” MPs working on a rival same-sex marriage bill that would better protect faith-based schools and charities, as opposed to that proposed by his West Australian Liberal colleague Dean Smith. The Aus

NAB revs up its push for tech experts

NAB has accelerated plans to reshape its workforce and aims to hire 600 technology specialists before Christmas, reversing a long trend of outsourcing or contracting of IT professionals at the banks. The Fin

Flight Centre tips solid earnings growth in 2018

Flight Centre has delivered a bullish outlook for its 2018 financial year earnings, tipping a strong first half that could see profit rise by more than 15 per cent in the full year.

ING drops fees on global ATMs

ING Australia will dump fees for customers on global ATMs and international transactions, amid a race between Australia’s largest lenders to scrap onerous charges. The Aus

 

 

The Australian Financial Review

Page 1: Prime Minister Malcolm Turnbull is holding open the threat of referring Labor MPs to the High Court because of questions over their citizenship status but has given ground on a shorter deadline for parliamentarians to handover details for scrutiny.

An Australian lawyer, who previously worked for the advisory firm at the centre of the Paradise Papers global investigation, tried to set up a Sydney beachhead but ran into opposition from local law firms who said they wanted to deal only with tax haven firms that were based offshore.

Page 4: Australia and Peru will sign a free trade agreement in Vietnam on Friday, and farmers will be among the biggest beneficiaries of the deal, which eliminates 99 per cent of tariffs facing exporters to the South American country.

Page 6: The ‘‘cap and trade’’ carbon market lurking within former prime minister Tony Abbott’s ‘‘Direct Action’’ climate policy will come to life this summer to meet demand from energy intensive plants that have fallen foul of their emissions caps.

Page 7: Speaking at a media briefing on Thursday, Australian Securities and Investments Commission senior executive leader of market enforcement Sharon Concisom said in the future the corporate regulator will prioritise enforcement action in the fixed income and commodities market.

Page 13: NAB has accelerated plans to reshape its workforce and aims to hire 600 technology specialists before Christmas, reversing a long trend of outsourcing or contracting of IT professionals at the banks.

Page 15: Flight Centre has delivered a bullish outlook for its 2018 financial year earnings, tipping a strong first half that could see profit rise by more than 15 per cent in the full year.

Page 17: The results of the Australian Prudential Regulation Authority’s first stress test of the general insurance sector has revealed the sector’s biggest players have strong governance, but may need a better handle on the potential fallout from severe economic downturns.

 

 

The Australian

Page 1: A parliamentary showdown is looming over same-sex marriage, with supporters of change demanding conservative MPs immediately release a rival bill aimed at protecting religious freedoms if a Yes vote is returned.

Page 2: The peak body for Muslims in Australia will repay almost half of the $45 million the nation’s largest Islamic school says it is owed after a 15-year reign of “absolute control” in which it was used as a magic pudding to prop up its parent deep in a “financial crisis”.

Page 5: Two landmark 10,000-tonne boilers from the last coal-fired power station in South Australia have been blown up in one of the world’s biggest demolitions.

Page 6: West Australian Liberal MP Ian Goodenough yesterday confirmed there were “probably about a dozen” MPs working on a rival same-sex marriage bill that would better protect faith-based schools and charities, as opposed to that proposed by his West Australian Liberal colleague Dean Smith.

Page 19: Global shopping centre landlord Westfield has reported stronger growth in leisure and food category sales, as retail landlords remix their properties towards eateries and experiences that cannot be bought online.

Page 20: Andrew Forrest has launched legal action, denying he is a hypocrite for using native title laws to shut rival prospectors out of his Pilbara cattle station, Minderoo.

Page 21: ING Australia will dump fees for customers on global ATMs and international transactions, amid a race between Australia’s largest lenders to scrap onerous charges.

 

 

The West Australian

Page 1: WA’s School Curriculum and Standards Authority was forced to issue a statement to all secondary schools on Wednesday after a fake letter circulated on social media claiming there had been an “integrity breach” in the modern history exam.

Page 3: A shark deterrent subsidy scheme that is the centrepiece of the McGowan Government’s strategy for keeping ocean-users safe will be extended to cope with big demand for deterrent devices.

Page 7: Vasse Felix has received a big 50th birthday present, fending off strong international competition to be named New World Winery of the Year.

Page 11: A further 40,000 free tickets to Perth Stadium’s January 21 community open day will be released today after an initial allocation of 70,000 was snapped up within 90 minutes yesterday.

Page 12: The latest casualties of Perth’s stressed restaurant scene — The Trustee, Beaufort Local and Enrique’s School for to Bullfighting — may yet keep their doors open with expectations of a sale before Christmas.

Page 20: Public comment is being sought for two major developments in the heart of Fremantle — one the restoration of a block of heritage buildings and the other the demolition and rebuild of a popular shopping centre.

Business: A $500 million wind farm to be built by State-owned power provider Synergy in the Mid West will be done in stages to allow private sector competitors time to prove their projects are viable.

Uranium explorers basked in a rare piece of good news yesterday when Canadian giant Cameco revealed it would close one of its mines, removing about 10 per cent of supply from the global market for the commodity.

Canadian billionaire investor and gold bull Eric Sprott says the Pilbara conglomerate gold story could provide a huge economic boost for WA.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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